International Motor Show Germany

Hyundai Motor and Iveco Group expand their partnership to explore synergies for electric heavy-duty trucks in the European markets

Retrieved on: 
Thursday, March 14, 2024

Hyundai Motor Company and Iveco Group (EXM: IVG) are strengthening their partnership to drive innovation in the commercial vehicle sector.

Key Points: 
  • Hyundai Motor Company and Iveco Group (EXM: IVG) are strengthening their partnership to drive innovation in the commercial vehicle sector.
  • Today the two companies signed a Letter of Intent (LOI), reinforcing their partnership with a facing view towards electric heavy-duty truck solutions, including both battery electric trucks and fuel cell electric trucks, for European markets.
  • Since initiating their partnership in March 2022, Hyundai Motor and Iveco Group have achieved a series of significant milestones.
  • Notably, in September 2022, they unveiled the first IVECO eDaily Fuel Cell Electric Vehicle at the IAA Transportation event in Hanover.

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Retrieved on: 
Thursday, February 1, 2024

Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform.

Key Points: 
  • Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform.
  • The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic IVECO Daily.
  • The supply agreement signing ceremony, which took place at Hyundai Motor Company’s headquarters in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group.
  • Luca Sra, President, Truck Business Unit, Iveco Group, said, “The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward.

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Retrieved on: 
Thursday, February 1, 2024

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.

Key Points: 
  • TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.
  • The new vehicle will join Iveco Group's electric light commercial vehicle lineup, enhancing the Group's LCV portfolio alongside the iconic IVECO Daily.
  • The supply agreement signing ceremony, which took place at Hyundai Motor Company's headquarters in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group.
  • Luca Sra, President, Truck Business Unit, Iveco Group, said, "The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward.

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Retrieved on: 
Thursday, February 1, 2024

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.

Key Points: 
  • TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.
  • The new vehicle will join Iveco Group's electric light commercial vehicle lineup, enhancing the Group's LCV portfolio alongside the iconic IVECO Daily.
  • The supply agreement signing ceremony, which took place at Hyundai Motor Company's headquarters in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group.
  • Luca Sra, President, Truck Business Unit, Iveco Group, said, "The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward.

Hyundai Motor Highlights the Power of Pixels in Design Campaign about EV Signature Lighting

Retrieved on: 
Wednesday, November 1, 2023

The film takes inspiration from the unique history of the pixel as a common thread linking the past (analog), present and future (digital) eras.

Key Points: 
  • The film takes inspiration from the unique history of the pixel as a common thread linking the past (analog), present and future (digital) eras.
  • As such, the pixel represents Hyundai's EV design philosophy: to conceive future vehicles by taking inspiration from the company's heritage.
  • "To become an ICON in the EV era, we wanted to visualize this monumental shift and how it implied the IONIQ's iconic designs," said SangYup Lee, Head of Hyundai & Genesis Global Design.
  • Parametric Pixels represent the visual identity of all Hyundai EVs.

Hyundai Motor Highlights the Power of Pixels in Design Campaign about EV Signature Lighting

Retrieved on: 
Wednesday, November 1, 2023

The film takes inspiration from the unique history of the pixel as a common thread linking the past (analog), present and future (digital) eras.

Key Points: 
  • The film takes inspiration from the unique history of the pixel as a common thread linking the past (analog), present and future (digital) eras.
  • As such, the pixel represents Hyundai's EV design philosophy: to conceive future vehicles by taking inspiration from the company's heritage.
  • "To become an ICON in the EV era, we wanted to visualize this monumental shift and how it implied the IONIQ's iconic designs," said SangYup Lee, Head of Hyundai & Genesis Global Design.
  • Parametric Pixels represent the visual identity of all Hyundai EVs.

Porsche Cars Canada reports best third quarter sales results in 2023

Retrieved on: 
Monday, October 16, 2023

Toronto, ON, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Porsche Cars Canada, Ltd. (PCL), importer and distributor for the sports car manufacturer from Stuttgart, today reported sales of 8,164 units year-to-date in 2023, a year-over-year increase of 13%.

Key Points: 
  • Toronto, ON, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Porsche Cars Canada, Ltd. (PCL), importer and distributor for the sports car manufacturer from Stuttgart, today reported sales of 8,164 units year-to-date in 2023, a year-over-year increase of 13%.
  • This surpasses any previous January to September results.
  • Porsche Approved Certified Pre-Owned vehicle sales also achieved a best year-to-date result with 2,715 units reported, an increase of 16% over the same period in 2022.
  • "We are delighted to end the third quarter of the year with our best sales figures to date," said John Cappella, President & CEO, Porsche Cars Canada, Ltd. “Fittingly, among the models who achieved stellar results is our sportscar icon, the 911, which happens to have marked its sixtieth anniversary last month.”
    In 2023, the Stuttgart brand not only marks 75 years since the first vehicle to bear the Porsche name, the 356 "No.

L&T Technology Services participates in IAA Mobility, Munich

Retrieved on: 
Wednesday, September 6, 2023

L&T Technology Services (BSE: 540115, NSE: LTTS), a leading global digital engineering and R&D services company announced its participation in the elite IAA Mobility conference in Munich.

Key Points: 
  • L&T Technology Services (BSE: 540115, NSE: LTTS), a leading global digital engineering and R&D services company announced its participation in the elite IAA Mobility conference in Munich.
  • L&T Technology Services with its domain expertise in transportation and aerospace have been partnering with global automobile and aerospace OEMs over the last two decades.
  • L&T Technology Services has been expanding its presence in Germany, a crucial market for engineering and technology services.
  • The proximity to the customer's campus allows L&T Technology Services to test a range of solutions on their product suite and provide real-time services.

BYD Presents Strong New Energy Vehicle Line-Up at IAA and Premieres the SEAL U in Europe

Retrieved on: 
Tuesday, September 5, 2023

BYD presents five all-electric cars equipped with pioneering EV technologies, together with a sixth new energy model, the DENZA D9, an exclusive European premiere of the premium BYD sub-brand, DENZA.

Key Points: 
  • BYD presents five all-electric cars equipped with pioneering EV technologies, together with a sixth new energy model, the DENZA D9, an exclusive European premiere of the premium BYD sub-brand, DENZA.
  • Visitors to IAA can also enjoy a preview of the spacious, comfortable and practical BYD SEAL U (D-segment SUV) ahead of its forthcoming release in Europe.
  • The premium DENZA D9 MPV is a 7-seat vehicle (2+2+3 space) with a multitude of comfort, safety and performance innovations.
  • The BYD SEAL all-wheel-drive also benefits from BYD's latest iTAC (Intelligent Torque Adaption Control) for advanced stability, handling and safety performance.

XPENG Announces Vehicle Delivery Results for August 2023

Retrieved on: 
Friday, September 1, 2023

XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for August 2023.

Key Points: 
  • XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for August 2023.
  • In August 2023, XPENG recorded monthly deliveries of 13,690 Smart EVs, a 24% increase over the prior month and a 43% increase year-over-year.
  • Since the start of this year, XPENG’s monthly delivery volume has continuously increased, maintaining solid growth momentum.
  • In August, XPENG G6 deliveries reached 7,068 units, which brought cumulative G6 deliveries to more than 11,000 units.