BEV platform Archives - Gizmochina

Hyundai BEVs see Record-Breaking Sales Performance in the US

Anubhav — Wed, 02 Aug 2023 02:19:43 +0000

Hyundai Motor America’s vehicle sales have surged, hitting 66,527 units in July, marking a 10% rise compared to last year. The automaker has managed to sell a total of 461,140 units from January to July, experiencing a 14% year-over-year boost. The highlight, however, is the exceptional performance of Hyundai’s electric vehicles, specifically, its E-GMP-based models. In July alone, sales skyrocketed to three times last year’s performance, setting a new record for the company.

Hyundai seems to be trying to take control of a rapidly-developing vehicle segment

Considering Hyundai is still developing The Ioniq 5 and Ioniq 6 were at the forefront of this surge, selling a combined total of 5,880 units, which represents a whopping 197% increase from last year and makes up 8.8% of Hyundai’s total vehicle sales in July. This record-setting performance marks a significant milestone for the South Korean auto brand as it solidifies its foothold in the competitive electric vehicle (EV) market.

Furthermore, both the Ioniq 5 and Ioniq 6 reached their own individual sales records in July, with 4,135 and 1,745 units sold, respectively. The Tucson PHEV also set a monthly sales record, underscoring Hyundai’s green revolution.

“Hyundai continues to impress with its eco-friendly product range, including the IONIQ 5, IONIQ 6, and our HEV and PHEV vehicles. Our green car sales have shown substantial growth month-to-month throughout 2023. We attribute this success to our effective marketing and dealer programs,” stated Randy Parker, CEO of Hyundai Motor America.

Despite the impressive performance of the Ioniq family, the sales results for other all-electric or plug-in hybrid models were not included in the official stats. Moreover, Hyundai Nexo, the hydrogen fuel cell model, saw a sales increase of 17% in July, albeit with lower total sales. The automaker seems well on its way to establishing a dominant presence in the US EV market, building on this current momentum.

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Volkswagen partners with XPENG to expand its presence in China with 2 new EVs

Sean — Thu, 27 Jul 2023 16:03:24 +0000

XPENG and Volkswagen recently announced that they will be entering into a new agreement. The companies are aiming to form a long-term strategic partnership, which will even bring new battery-powered electric vehicles as well.

XPENG and Volkswagen Partnership: EVs, Supply Chain, New Tech, & More

The Chinese EV maker is entering into a deal with one of the world’s biggest automobile manufacturers. These two companies are partnering up to leverage each other’s strengths and forge a long-term collaboration that is beneficial for both sides. With this strategic deal, XPENG and Volkswagen Group will also jointly develop two B-class battery electric vehicles (BEV) models for sale in the Chinese market.

B-class stands for small to mid-size cars and these will be sold in China under Volkswagen’s branding. Meanwhile, the EVs will also leverage XPENG’s G9 platform, connectivity, and ADAS software. The two BEVs are expected to start production in 2026. Apart from just building new cars, the partnership explores potential strategic cooperation in other areas as well. This includes new software technologies, future EV platforms, and supply chains.

For the agreement, XPENG and Volkswagen entered into a share purchase agreement, which will be approximately 700 million US Dollars. According to Mr. Ralf Brandstätter, Volkswagen AG Board Member for China, local partnerships are key to building its ‘in China for China strategy’. Forming strong cooperation will help speed up its plans for expansion in the region.

Toyota and Suzuki collaborate to create mini electric vans and innovative BEV platform

Jed John Ikoba — Sun, 21 May 2023 17:12:09 +0000

Toyota is jointly developing new mini electric vans with Suzuki. The two companies have also jointly developed a battery electric vehicle (BEV) system with Daihatsu Motor. The new BEV platform with be at the heart of a new generation of electric minivans. Toyota is gradually making inroads into the EV market with a raft of offerings and investments in that direction.

Toyota has made pointed efforts to accelerate development in its BEV strategy with its new CEO Koji Sato driving the process. The Japanese automaker plans to deliver ten new EVs by 2026 and a projected sales outlay of about 1.5 million units annually. Toyota had a less-than-expected reception for its first EV, the bZ4X, and expects to eclipse that with its new strategy. Toyota’s second EV, the bZ3 was released last month in China and was co-developed with BYD. There are several other EV models on the Toyota lineup including the bZ FlexSpace and an aerodynamic sports EV.

The new BEV platform is slated to come into operation by 2026 and this could see a significant increase in the range of Toyota EVs. The company claims the technology will double the range of future EVs with the use of highly efficient batteries. The three Japanese automakers, Toyota, Suzuki, and Daihatsu Motor will also deploy the BEV platform for new electric minivans. A prototype of the mini electric vans that implement the co-developed BEV platform will be on exhibition this week. The exhibition is being hosted by the Japan Automobile Manufacturers Association.

The electric minivans combine features from Toyota, Suzuki, and Daihatsu models. The cars reflect Suzuki’s and Daihatsu’s expertise in small-sized cars in combination with Toyota’s electrification technology. The first model will be manufactured by Daihatsu while Toyota and Suzuki will subsequently release theirs by Q4, 2023. A minimum 200km range on a full charge is expected for the new electric minivans.

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