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The transition from combustion engine vehicles to electric vehicles (EVs) has been a well-planned journey. Automakers are developing strategic visions to meet the Paris Agreement targets. This wholehearted investment in EVs is essential to keep the industry moving forward and innovating. Without it, progress would come to a standstill. #EVs #Sustainability #Innovation #AutomotiveIndustry Nissan Motor Corporation, JLR, Makoto Uchida https://lnkd.in/e5A2xX6q

Hyundai and GM Forge Strategic Partnership( Advancing Vehicle Technology and Production ) Follow me for more technical insights: https://lnkd.in/evN3jc94 Hyundai and General Motors have formalized a comprehensive collaboration agreement in New York, aimed at co-developing and producing a range of passenger and commercial vehicles. This strategic partnership encompasses several key areas: - Joint Development : The collaboration will focus on developing advanced internal combustion engines, electric vehicles (EVs), and hydrogen technologies. - Cost Optimization : Both companies will explore methods to reduce costs for critical materials such as battery components and steel. - Technology Integration : The alliance will leverage complementary strengths to enhance vehicle offerings and accelerate delivery to the market. Hyundai and GM are leading players in the North American market’s shift towards electrification. GM’s diverse electric lineup includes models like the Chevrolet Silverado EV and Cadillac Lyriq, while Hyundai, with its Ioniq and EV series, has established a significant presence in the EV sector. Additionally, both companies are advancing their hydrogen initiatives, with GM and Honda jointly operating a fuel cell production facility, and Hyundai positioning hydrogen as a key element in its carbon-neutral strategy. #AutomotivePartnership #VehicleTechnology #Electrification #HydrogenFuelCells #InnovationInAutomotive

We are delighted to announce that we have signed a supply agreement with Hyundai Motor Company (현대자동차) for an IVECO-badged all-electric light commercial vehicle (LCV) for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join our #electric light commercial vehicle lineup, enhancing IVECO’s LCV portfolio alongside the iconic Daily.    This #agreement not only signifies an extension of our #partnership with Hyundai Motor to encompass a broader array of eco-friendly lineups, but also underscores the shared commitment to accelerate the transition towards carbon-neutral mobility and transport.    This new chassis cab LCV, based on Hyundai’s dedicated global EV platform made for commercial vehicles ranging from GVW 2.5 tons to 3.5 tons, will have its launch at this year’s IAA Transportation 2024, planned to be held from September 16 – 22, 2024, in Hannover, Germany.     Read the press release to learn more: https://lnkd.in/deyn-X5G   In the photo, from the top, left to right: JAEHOON CHANG, President and CEO of Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, Ken Ramirez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, and Luca Sra, President, Truck Business Unit, Iveco Group.   

🚀 Exciting Developments in the E-Mobility World! 🚀 Hey LinkedIn community, I wanted to share some fascinating updates in the e-mobility space: 1. Toyota Motor Corporation Joins IONNA. Toyota Motor Corporation has become the 8th automaker in the North American fast-charging joint venture, IONNA, joining forces with Honda. This collaboration is set to enhance the fast-charging infrastructure across the continent. 2. Battery Prices Plummet A recent report from BNEF highlights a dramatic reduction in EV battery prices, especially LFP cells in China, which saw a 51% price drop in 2023. This significant decrease is making EVs more affordable and accelerating their adoption. 3. BP's Expansion in the US British Petroleum is expanding its EV charging network in the US. They have signed a deal to build over 900 public fast chargers at Simon Malls, furthering their commitment to supporting the EV ecosystem. Staying informed about these developments helps us deliver reliable and innovative solutions to our clients. How do you envision these advancements shaping the future of our industry? #EMobility #EVCharging #Sustainability #Innovation #LatestNews

Exciting times ahead

Renault's Smart Move: Ampere Electric Vehicle Unit Joins Forces for a Brighter Future! #Ampere #autoindustry #Automakers #CEO #commitment #consumerdemands #control #destiny #dilution #ElectricVehicle #electrification #EVunit #expertise #fastpacedbusinessenvironment #futuredirection. #inhouse #innovativetechnologies #integration #investment #listing #LucadeMeo #optimizevaluecreation #Renault #resources #shareholders #spinningoff #stake #strategicdecisionmaking #synergies #technology #unlockvalue #valuation

Renault's Smart Move: Ampere Electric Vehicle Unit Joins Forces for a Brighter Future! #Ampere #autoindustry #Automakers #CEO #commitment #consumerdemands #control #destiny #dilution #ElectricVehicle #electrification #EVunit #expertise #fastpacedbusinessenvironment #futuredirection. #inhouse #innovativetechnologies #integration #investment #listing #LucadeMeo #optimizevaluecreation #Renault #resources #shareholders #spinningoff #stake #strategicdecisionmaking #synergies #technology #unlockvalue #valuation

Renault's Smart Move: Ampere Electric Vehicle Unit Joins Forces for a Brighter Future! #Ampere #autoindustry #Automakers #CEO #commitment #consumerdemands #control #destiny #dilution #ElectricVehicle #electrification #EVunit #expertise #fastpacedbusinessenvironment #futuredirection. #inhouse #innovativetechnologies #integration #investment #listing #LucadeMeo #optimizevaluecreation #Renault #resources #shareholders #spinningoff #stake #strategicdecisionmaking #synergies #technology #unlockvalue #valuation

Renault's Smart Move: Ampere Electric Vehicle Unit Joins Forces for a Brighter Future! #Ampere #autoindustry #Automakers #CEO #commitment #consumerdemands #control #destiny #dilution #ElectricVehicle #electrification #EVunit #expertise #fastpacedbusinessenvironment #futuredirection. #inhouse #innovativetechnologies #integration #investment #listing #LucadeMeo #optimizevaluecreation #Renault #resources #shareholders #spinningoff #stake #strategicdecisionmaking #synergies #technology #unlockvalue #valuation

AUTOMOTIVE INDUSTRY: GERMANY's ALTERNATIVE ENERGY VEHICLE REGISTRATIONS REACHED 43.9% MARKET SHARE IN MARCH 2024, DOWN FROM 46% IN MARCH 2023. BEVs reached 11.9%, down from 15.7% in March 2023. Tesla remained the leading BEV brand, significantly ahead of Volkswagen, ranked 2nd. Here are the latest figures just released by Germany's Kraftfahrt Bundesamt. #autosales #carsales #vehiclesales #vehicleregistrations #carmarket #newcarmarket #market #marketsegments #segments #segmentleaders #consumer #consumerbehavior #buyingbehavior #alternativeenergy #alternativeenergyvehicles #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #q12024 #q12024results #outlook #2024outlook #germany #bundesrepublik #deutschland