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Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
an and Korean market) (1,000 units are produced per day.) KG Mobility(Former SsangYong) Pyeongtaek 150 120 Rexton, Korando, Tivoli, Rexton Sports, Torres.Torres EVX, Korando EV, and EV pickup truck O100 (2024-planned) Renault Korea(Former Renault Samsung) Busan 300 101 SM6, QM6(Renault Koleos), XM3(Renault Arkana), EV Twizy. Polestar 4(2025-planned). Grand Koleos HV, Aurora 2 (2026-planned), Aurora 3 (2027-planned). Gwangju Global Motors Co...
Market & Tech Reports Updated at: 2024/07/25
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
vrolet Trax Crossover (same name as North America)Production of the Chevrolet Spark ended in August 2022. KG Mobility(Former SsangYong) Pyeongtaek 167 115 Rexton, Korando, Tivoli, Rexton Sports, Torres (2023-) Renault Korea Motors(Former Renault Samsung) Busan 300 168 SM6, QM6 (Renault Koleos), XM3 (Renault Arkana), EV Twizy, Renault and the Geely Group will cooperate to launch new HV and ICE models based on the CMA platform (2024-planned). ...
Market & Tech Reports Updated at: 2023/07/05
Automotive World 2023: Electrification Technologies (2) Inverters, Power Electronics, Evaluation
ith a SiC MOSFET power module from Wolfspeed, Inc. (Wolfspeed) and an MCU from Silicon Mobility SAS. It was exhibited as an evaluation sample. Analog Devices' electrification products SiC-equipped high-performance inverter exhibitSiC-equipped high-performance inverter Wolfspeed's XM3 half-bridge module Wolfspeed's XM3 half-bridge power module EAB450M12XM3 is a SiC half-bridge that contains two power devices for one arm in...
Market & Tech Reports Updated at: 2023/02/28
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
supply shortages, and its Changwon Plant suspended operations since September to prepare for production of the new CUV model. Renault Samsung is the only domestic automaker whose production grew in 2021, recording an 11.9% increase from the previous year. The company increased the output of the XM3 compact SUV that it started exporting to Europe in 2021. Ssangyong, which filed for corporate reorganization in December 2020, experienced a de...
Market & Tech Reports Updated at: 2022/03/01
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
y of 4.68 million in Korea and 5.51 million overseas Hyundai Motor Group: Hyundai launches Ioniq EV brand, Kia to release dedicated EV models GM Korea: strong demand for the new Trailblazer SUV boosts sales in Korea for January-September 2020 Renault Samsung begins production of the new compact SUV XM3 Ssangyong suffers from loss-making operations, Mahindra withdraws a new investment plan Production forecast by LMC Automotive: Korean light vehicl...
Market & Tech Reports Updated at: 2020/11/12
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
ales in Korea. Ssangyong was ranked third in terms of market share at 7% following Hyundai and Kia. In 2019, Ssangyong aims to increase sales by launching the new Korando C-segment SUV. Hyundai Venue (a subcompact SUV to be launched in 2H 2019)(Source: Hyundai Motor Company) Renault Samsung XM3 INSPIRE (a concept car for the coupe SUV to be released in 1H 2020)(Source: Renault Samsung) Korean vehicle production, sales, exports, and ...
Market & Tech Reports Updated at: 2019/08/16