Posts Tagged ‘the group’
The spotlight has been on the new all-electric vehicle from Kia Corp, the Kia EV6. With a showcase during the Emmy Awards over the weekend and “America’s Got Talent”, there is certainly a lot to look forward to. A first for the automaker, the EV6 is the first all-electric vehicle with no predecessor. With that came not only its own powertrain but also its own platform, the new E-GMP platform built in 2020. Recently receiving the ‘Carbon Measured’ from Carbon Trust, a certification that the EV6 is eco-friendly. With so many vehicles in the lineup, how will Kia factor in the production needed for battery-electric vehicle (BEV) battery cells? Don’t worry, it’s all going to plan – the Plan S Strategy.
In early January 2020, Kia Corp was still Kia Motors, and came out with big cojones. The Plan S Strategy is the business plan Kia Corp will be using to dominate the electric vehicle (EV) market, owning a 6.6-percent global market share of all EVs sold. It doesn’t sound like a lot, but currently, there are more than 200 models available in various parts of the world. Multiply that by one million, and 6.6-percent is suddenly a lot more powerful. If all goes well, this could soon become a reality.(more…)
We’re finally in the final days of 2020, and everyone is hoping for a HappIER New Year for 2021. This just wasn’t the year we were expecting. There are some interesting things happening in the automotive world amidst all the madness. In early December, Hyundai Motor Group (HMG), also known as The Group, also known as the automotive group that Kia Motors belongs to, HMG unveiled its new Electric-Global Modular Platform (E-GMP), a dedicated battery electric vehicle (BEV) platform for future vehicles. Building a fully-dedicated system for upcoming and new electric vehicles is not only a step in the right direction for streamlining electric vehicle (EV) production, but also opens up a whole new lineup of EVs. After all, why invest in a BEV platform if there are no plans to use it?
“Today our front-wheel driven Hyundai and Kia BEVs are already among the most efficient ones in their segments…With our rear-wheel driven based E-GMP, we are extending our technological leadership into segments where customers demand excellent driving dynamics and outstanding efficiency.” – Albert Biermann, President and Head of R&D Division for Hyundai Motor Group
Standardization is a Key Strategy
As we mentioned, having a dedicated BEV platform allows for quicker production of BEVs and EVs going forward. With the E-GMP, The Group suspects that the platform will be flexible enough for sedans, SUVs and even crossovers, with a high-performance model able to accelerate from 0-60 mph under 3.5 seconds, with a top speed of 160 mph. Now that is some powerful stuff for an electric vehicle.
Alternative fuel vehicles are slowly popping up from just about every automaker these days. To not realize that plug-in hybrids and electric vehicles (EVs) are not the face of the future is a fantasy only oil companies believe in. Sure, fossil fuels were made over millions of years ago from decaying plant matter under tons of pressure, but one day it will run out. Of course, lithium and cobalt, and how we recycle these materials is another issue to address but going electric will eventually be an option many automakers must face. Others have been going in full-tilt for years now, and with Kia Motors testament to becoming the next all-electric automaker, it’s going to need a little help from its parent automotive group, the Hyundai Motor Group (HMG), also known as The Group. Recently, The Group revealed a brand-new electric platform for its next generation of battery electric vehicles (BEVs).
BEVs and EVs are basically the same thing, so don’t get confused. Why some automakers felt the need to add “battery”, unsure, but the E-GMP will be the first dedicated BEV platform to come from HMG. The full name for this platform is Electric-Global Modular Platform and was revealed during a digital event to keep in line with social distancing of a post-pandemic world. Whether this new platform makes up the foundation of Kia Motors first all-electric vehicle (that has no predecessor), the Kia Futuron, is uncertain. However, HMG states that the E-GMP will become the platform for all new BEVs, starting in 2021.
Back in October 2020, the Hyundai Motor Group, also known as “the Group”, and the umbrella or automotive group that is home to Kia Motors, held the Fifth Mobility Innovators Forum. Virtually hosted by Hyundai CRADLE Silicon Valley from October 29 to 30, 2020, the fifth MIF had a major focus on autonomous vehicle business, fuel cell business, smart factory, and smart city solutions. Always looking for ways to expand and partnerships to build, the Group is starting a new application pool for a special tech platform, called the ZER01NE Accelerator, aimed at opening a stage to discuss innovation of new technologies and how such technology can be integrated into automobiles today or the near future. ZER01NE will also serve as a way to bring startups and the Group’s internal teams together to collaborate on new projects.
2020 has been quite the year for the economy. Many industries have taken quite the hit, but some are starting to bounce back. One industry, the automotive industry, is looking for new ways to bring the economy back but also their sales. One of those ways is to partner up with technology groups and startups to share ideas and resources so that they can meet shared goals. One of those goals is a world of personal mobility – many automakers are looking towards an ecosystem of mobility, like the concepts envisioned during the 2020 Consumer Electronics Show (2020 CES), Kia Motors and Hyundai had a very creative vision for the future of mobility. At the end of October 2020, Hyundai Motor Group (the Group) will be hosting the fifth Mobility Innovators Forum (MIF) to discuss the human-centered mobility reality.
The fifth MIF will be virtually hosted by Hyundai CRADLE Silicon Valley from October 29 to 30, and will be expanding last year’s discussion on taking the steps needed to make personal mobility the next age of the auto industry. It seems like every few years, the automotive industry is looking for something different or new to move not only the industry but the consumer forward – alternative fuel types, self-driving vehicles, augmented reality, virtual assistants, and eventually aircraft hailing and purpose-built-vehicle types – it’s becoming a crazy and interesting world. This year, speakers will be hosting in-depth discussions on the benefits and challenges of creating an impactful yet successful business that makes use of all of these technologies.
Running a successful business takes a lot of knowledge, experience, and strategy. Knowing when to cut your losses and when to expand are two very important decisions that can make or break a company, especially in this economy. As we all try to move forward, every industry will find its struggles, but the auto industry has been like a train – full speed ahead! New concepts, technology, and new partnerships have been popping up everywhere. With many names in the auto industry working towards a mobility ecosystem where anyone anywhere can get access to public or private transportation, Kia Motors and the Hyundai Motor Group (the Group) celebrate the groundbreaking announcement of the Hyundai Motor Group Innovation Center in Singapore (HMGICS), a center focused on the automotive group’s future mobility research and development.
“HMGICS is a major step forward for Hyundai Motor. The facility is the first of its kind in the world. It will pave the way for more Korean companies to invest here, partner with local suppliers and SMEs, and collaborate with our universities and research institutes…Singapore’s goal is to have all our vehicles run on cleaner energy by 2040, in line with our Paris Agreement commitments. We hope this will open up new growth areas for our economy, and create exciting jobs for Singaporeans.” – Singapore Prime Minister Lee Hsien Loong