Hyundai and Kia: Expanding HEV/EV models, strengthening US business Hyundai strengthening HEV & hydrogen strategy, Kia pursuing EV & PBV market strategy Summary Hyundai Motor Group global sales volume Hyundai Group production sites (after 2024) Hyundai's mid- to long-term plan: Strengthening development of HEVs and EREVs, expanding to 21 EV models Kia's mid- to long-term plan: Investing KRW 38 trillion over 5 years in electrification, PBV, and SD...

Market & Tech Reports  Updated at: 2025/04/07

in a circulation of over THB 55 billion.   The 42 car brands from 9 countries and 22 motorcycle makers from 7 countries showcasing their products at the show were Aion, Audi, Avatr, BMW, BYD, BYD Commercial, Deepal, Denza, Ford, Foton, Geely, Great Wall Motor, Honda, Hyundai, Isuzu, Jeep, Juneyao, Kia, King Long, Leapmotor, Lexus, Lotus, Maserati, Mazda, Mercedes-Benz, MG, MINI, Mitsubishi, Neta, Nissan, Omoda & Jaecoo, Peugeot, Pocco, Porsche, ...

Market & Tech Reports  Updated at: 2024/12/27

% 1,383 1,227 -11.3% NETHERLANDS 93,268 101,435 8.8% 41,608 44,265 6.4% 75,716 91,675 21.1% POLAND 13,487 13,643 1.2% 10,841 11,625 7.2% 154,151 203,811 32.2% PORTUGAL 28,372 32,552 14.7% 21,703 23,180 6.8% 24,837 28,790 15.9% ROMANIA 11,956 7,943 -33.6% - - ##### 35,887 48,322 34.7% SLOVAKIA 1,936 1,908 -1.4% 2,554 1,758 -31.2% 20,518 22,863 11.4% SLOVENIA 3,571 2,564 -28.2% 1,007 992 -1.5% 6,227 4,770 -23.4% SPAIN 39,662 42,762 7....

Market & Tech Reports  Updated at: 2024/12/25

Paris Motor Show 2024: BEV HMIs Renault, Peugeot, Kia, AITO, BYD, XPeng, etc. Summary HMI trends at the Paris Motor Show 2024 Renault 4 E-Tech Electric and 5 E-Tech Electric Peugeot E-3008 / Citroen e-C3 Dacia Bigster Audi's new-generation HMI Alfa Romeo Junior Cadillac (GM) Optiq Kia EV3 AITO M9 BYD Sealion 7 XPeng G9 GAC Aion HYPTEC HT Hongqi EHS7 Dongfeng Forthing S7 Skyworth Auto Skyworth Y View of the motor show venue Renault ...

Market & Tech Reports  Updated at: 2024/12/04

ber after a sluggish H1 2024. In October, the selling rate exceeded the 1.7 mn-unit mark for the first time since November 2023 and reached 1.72 mn units/year. Growth was driven by a number of new model launches from smaller players, such as Renault Korea’s Koleos SUV, KG Mobility’s Actyon, and Kia’s new affordable BEV, the EV3. In contrast, Hyundai’s performance was lackluster. Light Commercial Vehicle sales continued to decline by doubl...

Market & Tech Reports  Updated at: 2024/11/19

EV shift to 2 million units globally, 33 new EV models, and an investment of KRW 35.8 trillion. However, the Chinese business has been downsized and two plants have been sold. The shift to North America has become clear, and a dedicated EV plant, the "Meta Plant" (in Georgia, producing the Hyundai, Kia, and Genesis 3 brands), is scheduled to start up in the third quarter of 2024. Cell production has been mainly outsourced, with local sourcing fro...

Market & Tech Reports  Updated at: 2024/10/18

4) ASEAN (2): Production and sales recovering to pre-pandemic levels (Aug. 2023) ASEAN (1): Accelerating shift to EVs, and market entry of Chinese OEMs (Aug. 2023)  Electrification policies of ASEAN countries Thailand Plans to have EVs account for 30% of domestic automobile production by 2030 EV3.5 incentive package to be implemented from 2024 to 2027Reduction in excise tax rate・ EV passenger cars (under THB 7 million): 8% → 2%・ EV pi...

Market & Tech Reports  Updated at: 2024/09/04

on the 17th, that they would each start operations at plants in Thailand. In addition, new models in the market such as the Wuling Bingo and the Neta X are being announced frequently, giving a sense of the momentum of Chinese manufacturers.   On the other hand, Thailand's EV preferential policy, "EV3.5," has reduced subsidies compared to the "EV3.0" policy that ran through 2023, and mandates a higher proportion of EVs produced domestically in T...

Market & Tech Reports  Updated at: 2024/08/29

Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup Hyundai and Kia to build EV plants in Korea, battery joint venture plants with LGES/SK On in the US Summary Korean government: Aiming to have 4.2 million EVs on the road by 2030, continuing EV subsidies in 2024 Korean vehicle production capacity is 4.48 million units, Hyundai and Kia building EV dedicated plants Hyundai Motor Group’s electrification strategy Hyundai Mo...

Market & Tech Reports  Updated at: 2024/07/25

175 102 147 121 99 147 163 106 105 145 Geely 51 48 49 61 58 63 70 79 85 82 81 50 73 VW Group 62 48 60 71 68 72 75 75 85 90 51 45 64 Stellantis 46 34 43 51 35 40 48 32 31 41 33 38 50 GM Group 28 33 34 44 46 50 47 62 92 143 36 41 45 BMW Group 37 30 40 36 33 40 38 38 43 50 32 27 40 Hyundai-Kia 36 32 34 37 38 40 34 34 32 34 22 22 37 Mercedes-Benz Group 34 25 26 30 28 28 31 28 31 33 23 22 31 GAC Group 40 41 46 48 48 47 54 44 47 55 17 1...

Market & Tech Reports  Updated at: 2024/04/25

emained Thailand’s largest export destination in the 10-month period, accounting for 30% of the country’s overall LV export volume, followed by Australia/Oceania at 26%.   Arter 2024, Thai production is expected to increase steadily and reach 2.07 million units in 2027. GlobalData learned that Kia is set to produce three models in Thailand around 2025-2026. One of the three models is likely to be a BEV. However, its forecast does not reflect...

Market & Tech Reports  Updated at: 2024/03/05

CES 2024: Alternative vehicles and user experience technologies Kia, Hyundai concepts show alternative use cases; technologies enhance in-vehicle entertainment Summary Kia launches modular PBV platform with five concepts Hyundai showcases future mobility options and evolution to SDx User experience and interface technologies Alternative mobility vehicles and solutions CES 2024 sign outside of convention hall   CES 2024 took place from J...

Market & Tech Reports  Updated at: 2024/02/27

s had a large presence-Togg and VinFast. Togg is a Turkish company. VinFast is based in Vietnam and was at CES in 2023. Automotive Exhibitor Summary Segment Exhibitors Listed Other Information Vehicle tech 718 exhibitors Includes advanced mobility Auto OEMs 9 companies BMW, Honda, Hyundai, Kia, Lotus Technology, Mercedes-Benz, Togg, VinFast, VW Tier 1s 11+ companies Aptiv, Bosch, Continental, Denso, Hyundai Mobis, Forvia, Magna, Marell...

Market & Tech Reports  Updated at: 2024/02/02

, 34,000 units were sold in H1 of 2023, accounting for 93% of GM's U.S. EV sales. In April 2023, it was announced that the current model using the BEV2 platform would be discontinued by the end of the year, followed in July by the planned introduction of the next-generation Bolt using the "Ultium" BEV3 platform. Details of the model, including the release date, will be announced at a later date. Equinox EV Compact SUV 2RS Limited Edition: Fall ...

Market & Tech Reports  Updated at: 2023/09/06

Three-dimensional lithium-ion battery Dongfeng Passenger Vehicle E70 (FF) (China) 2019 CATL (Contemporary Amperex Technology Co., Ltd.) Three-dimensional lithium-ion battery Dongfeng Peugeot Citroen 4008 PHEV (China) 2020 Wanxiang 123 LLC. Three-dimensional lithium-ion battery Dongfeng Yueda Kia K3 EV (China) 2021 Jiangsu Yueda New Energy Battery Co., Ltd. Three-dimensional lithium-ion battery Dongfeng Yueda Kia K3 EV (China) 2020 CATL (...

Market & Tech Reports  Updated at: 2021/12/06

Tesla, which started local production in China, sold nearly 140,000 units of the Model 3 alone. The Ford Group saw its sales decline by 68.7% compared to 2016, although sales of Ford and Lincoln brand SUVs were strong, increasing by 26.2% y/y to 298,000 units.   The Korean automakers (Hyundai and Kia) sold less than 1 million vehicles in 2020, down 31.0% from the previous year to 699,000. French automakers saw sales decline 56.2% y/y to 51,000 ...

Market & Tech Reports  Updated at: 2021/02/12

EV 79 1,730 1.4% Other 6,592 56,002 46.3% Total 12,533 120,838 100.0% Table 10) NEV sales in Sweden by model (November 2020) Rank Model Nov. (units) Jan. to Nov. (units) Share 1 Volvo S/V60 PHEV 714 6,407 8.3% 2 Volvo XC60 PHEV 791 5,806 7.5% 3 VW Passat GTE 696 5,310 6.9% 4 Kia Niro PHEV 242 3,733 4.8% 5 Kia Optima PHEV 316 3,365 4.4% 6 Tesla Model 3 87 2,821 3.7% 7 Kia Ceed PHEV 336 2,688 3.5% 8 Volvo XC40 PHEV 4...

Market & Tech Reports  Updated at: 2020/12/25

rinking from 68.5% last year to 66.8%.   The Dongfeng Motor Group continued to maintain its second place ranking, but sales volumes decreased by 7.0% from the previous year to 3.783 million units. Excluding some of its affiliated automakers such as Dongfeng Nissan, Zhengzhou Nissan, Dongfeng Yueda Kia, etc., the group's market share fell y/y to 13.5% in 2018, significantly lower than the group’s market share of 15.9% in 2014.   Sales of the t...

Market & Tech Reports  Updated at: 2019/02/22

tuted as growth in major markets such as the US and China is slowing and trade friction between the two countries is exerting a significant impact. Hyundai Motor Company (HMC)’s operating profit margin has been declining gradually from 9.5% in 2013 to 2.7% for the first nine months of 2018, while Kia Motors’ operating profit margin has also been falling from 6.7% to 1.9% during the same period. Hyundai Group said that the low profitability in...

Market & Tech Reports  Updated at: 2018/12/20

Korea: Hyundai and Kia to accelerate launching SUVs and electrified vehicles 2018 production and sales expected to fall below prior-year level; GM Korea to close Gunsan Plant Summary Korean automakers' production capacity of 4.56 million in Korea and 5.33 million overseas Hyundai Motor Group aims to boost sales by launching new SUVs and electrified vehicles Loss-making GM Korea to restructure its business with government's bailout Renault Samsung...

Market & Tech Reports  Updated at: 2018/05/21