Plant 390,000 358,000 Hyundai Santa Fe, Santa Fe HV, Pickup Santa Cruz, Tucson; Genesis EV Electrified GV70 (2023-), GV70 (2023-) Engine, cylinder head Kia MotorsKia Georgia, Inc. Georgia West Point Plant 350,000 354,100 Kia Sorento, Telluride, Sportage, Sportage HV,  Sportage PHV, EV9 (2024-), EV6 (2025-) transmission Hyundai GroupHyundai Motor Group Metaplant America (HMGMA) LLC Georgia West Point Plant 300,000 (operational in March 2025)...

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

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

atured exhibits from 57 Korean auto parts companies.   Although there were no displays of electrified vehicles or e-Axles this year, there were many parts for electrified vehicles by suppliers who have conventionally supplied parts for ICE (internal combustion engine) vehicles, such as for Hyundai/Kia, and exhibits related to electrification and autonomous driving attracted the interest of participants.   This report introduces the items on dis...

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

Feb. 13, 2024 for the preparation of the production of the Ioniq 9. Jeonju 103 40 Hyundai buses and trucks, Staria.Construction of production facilities during the period from Dec. 30, 2023 to Feb. 16, 2024. Kia Corporation Hwaseong 531 558 Kia K3(Forte), K5, K8, Niro, Sorento, Mohave(Borrego), EV6.Tasman (2025-planned). Hwaseong EVO plant 100-150 (2025) - Electric PBV (Purpose Built Vehicle) dedicated plant. Production will start in 2025. ...

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

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

total.   Other companies include Greenlots, Francis Energy, EVConnect, EVCS and Blink.   In addition, the following OEMs have agreed to join forces to build a North American charging network to rival Tesla, and nearly double the number of DC fast charger plugs available. GM, BMW, Honda, Hyundai, Kia, Mercedes and Stellantis will share this multi-billion-dollar investment to build fast charging stations with 30,000 plugs in urban areas and alon...

Market & Tech Reports  Updated at: 2023/11/16

r OEMs in India (Source: MarkLines Data Center)   In 2022, Maruti Suzuki retained its market leadership with a 41.7% market share. Hyundai was in second position with a 14.6% share. Tata Motors continued its growth and became the third-largest seller of cars with a 14.1% market share. Mahindra, Kia, and Toyota followed these OEMs in sales.   Electric vehicles sales in India Tata Motors Nexon EV MAX (Source: Tata Motors)   In 2022,...

Market & Tech Reports  Updated at: 2023/09/19

onstruction of an EV dedicated plant started in Q4 2023 and scheduled to be completed in 2025. Asan 300 219 Hyundai Grandeur (Azera), Sonata, Ioniq 6 Jeonju 103 40 Hyundai buses and trucks, Staria Kia Corporation Hwasung 531 529 Kia K3 (Forte, Cerato), K5, K8, Niro, Sorento, Mohave (Borrego), EV6, pickup truck (TK1) (2024-planned) Electric PBV dedicated plant 150(2025) - PBV (project name: SW) (2025-planned) Gwangju 477 472 Kia Sportage...

Market & Tech Reports  Updated at: 2023/07/05

ced the introduction of its high-performance N series in China and celebrated the world premiere of its first model, the Elantra N. The Hyundai EV concept car RN22e and the hydrogen/electric hybrid concept car N Vision 74 also made their China premieres. The Kia brand exhibited three EV models: the EV6 GT, the EV5 concept car, and the EV9 concept car. The Genesis brand exhibited the G80 electric sedan.   Among the American brands, the HV (hybrid...

Market & Tech Reports  Updated at: 2023/05/26

New York International Auto Show: BEV HMI New HMI trends in North America Summary The latest BEV HMI from the exhibits Hyundai Ioniq 6, Kia EV9, EV6 Genesis Electrified G80 , Electrified GV70, GV60 Chevrolet Equinox EV, Blazer EV, Trailblazer, Bolt Jeep Grand Cherokee 4xe, Wagoneer, Grand Wagoneer, Chrysler Airflow Graphite Concept Ram 1500 REV Ford Escape, Explorer Volkswagen ID. Buzz, ID.4 Toyota Tundra, Lexus RZ Nissan Ariya, Honda, Subaru P...

Market & Tech Reports  Updated at: 2023/05/01

eat Wall Motor will unveil a new smart four-wheel drive hybrid technology. In addition, the major companies have all announced sales targets and product plans for 2023.   Foreign automakers will accelerate the shift to NEVs (NEV: battery electric vehicles, plug-in hybrids, and fuel cell vehicles). Kia, Honda, and Stellantis announced their electrification strategies. Volkswagen and Toyota are aggressively upgrading their plants to expand their e...

Market & Tech Reports  Updated at: 2023/04/28

Thailand International Motor Expo 2022 (2): It's time…Come touch the future Exhibitions of Hyundai & Kia, Japanese OEMs, and Ford Summary Hyundai: Stargazer MPV, and IONIQ 5 and IONIQ 6 BEVs Kia: EV6 BEV, and new Carnival premium MPV Toyota: bZ4X BEV, and GR Corolla high-performance sport hatchback Lexus: RX450h+ PHEV Suzuki: Ertiga Smart Hybrid Honda: SUV e:Prototype BEV concept, and e:HEV lineup Subaru: Forester SUV with EyeSight 4.0 Mazda: 4...

Market & Tech Reports  Updated at: 2022/12/21

dy styles including SUV body shapes. Hyundai will also introduce its dedicated BEV Platform - E-GMP (Electric Global Modular Platform) as well as modified platforms in India. It also has a partnership with Tata Power for charging infrastructure.   Kia India   Kia India has recently introduced the EV6, which comes as a CBU. Kia India is evaluating other electric vehicles for the Indian market and has confirmed its plans to develop an India-centr...

Market & Tech Reports  Updated at: 2022/07/12

70% in 2019-2020. Then, the Group’s market share decreased to 61.2% in 2021. Hyundai Motor Company secured a market share of 33.5% in 2021 with strong sales of Genesis brand luxury models, SUVs and EVs. Kia held a market share of 27.7% supported by successful launches of new models including the EV6. Renault Samsung, Ssangyong and GM Korea experienced stagnant sales, resulting in market shares between 3% and 3.5%. Meanwhile, the imports’ mar...

Market & Tech Reports  Updated at: 2022/03/01

E-GMP (Electric-Global Modular Platform), a dedicated battery electric vehicle (BEV) platform, which is shared among the Hyundai, Genesis and Kia brands. The Ioniq 5, Hyundai's first model based on this platform, will be launched in the Korean, European and U.S. markets in 2021. Kia will launch the EV6 in the U.S. market in 2022. The Hyundai Motor Group plans to introduce 23 EV models by 2025 or 2026, selling slightly more than 1 million a year (...

Market & Tech Reports  Updated at: 2021/08/05

OEM Electrification Strategies: Strengthening HVs and diversifying into EVs, PHVs, and FCVs Toyota, Honda, Hyundai-Kia, GM, and Ford trends Summary OEM plans to strengthen HV and diversify electric models such as EVs, PHVs, and FCVs Toyota: Aims for 5.5 million electrified vehicles and 1 million EV and FCV in 2030 Honda: Clarity series introduced, with plans to electrify two-thirds of Honda vehicles sold globally in 2030 Hyundai-Kia: Expanded lin...

Market & Tech Reports  Updated at: 2018/05/01