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Kia to launch all-electric EV9 SUV

The two-wheel-drive EV9 comes with a 99.8 kilowatt-hour battery and can travel 501 kms on a single charge….reports Asian Lite News

Kia, South Korea’s second-biggest carmaker, said on Sunday it will launch its all-electric EV9 flagship SUV in the domestic market this week as part of its electrification efforts.

The three-row seater is Kia’s second model equipped with Hyundai Motor Group’s dedicated electric vehicle platform, called E-GMP, after the EV6 SUV launched in 2021.

The two-wheel-drive EV9 comes with a 99.8 kilowatt-hour battery and can travel 501 kms on a single charge. An all-wheel-drive model is also available, the company said in a statement.

The model — set to be launched on Monday — is priced at 73 million won-82 million won ($57,000-$64,000), depending on options.

Kia plans to gradually launch the EV9 in Europe, the United States and other markets in the second half, reports Yonhap news agency.

Kia plans to produce about 100,000 units a year of the new model at the Kia Autoland Gwangmyeong plant, just south of Seoul, for global sales.

The maker of K5 sedans and Sorento SUVs aims to sell 1 million EVs in 2026 and gradually fill its EV lineup with 15 models by 2027.

The company plans to add the EV9 GT-line and the performance EV9 GT models to beef up its EV lineup in the third quarter. The GT-line model adopts the design of the performance GT model to meet diverse customer demands.

It will introduce Level 3 autonomous driving technology through the Highway Driving Pilot programme in the GT-line model.

A Level 3 car allows lane changes and other autonomous driving functions to work without intervention by the driver. At Level 4, a vehicle can drive itself under limited conditions and will not operate if all required conditions are not satisfied. At Level 5, a vehicle’s automated driving features can drive under any conditions.

The EV9 has been developed under Kia’s new design philosophy, “Opposites United,” which embodies its shifting focus toward electrification.

It comes with a sleek and bold exterior design, and its flat-floor EV architecture offers an interior space with third-row seating and enhanced comfort.

The Kia Connect Store enables customers to keep their EV9 constantly updated by upgrading the SUV’s digital features and services without taking the vehicle to a dealership, it said.

With the swivel seat option, the second-row seats swivel 180 degrees to allow conversations with passengers in the third row.

It also boasts numerous safety features, such as blind-spot collision-avoidance assist, navigation-based smart cruise control and parking collision-avoidance assist systems.

This year, the company set a sales goal of 3.2 million units, higher than the 2.9 million units it sold last year.

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Africa News Business Motoring

Kia sets eyes on Africa

In collaboration with its esteemed partner – Rana Motors – Kia’s assembly plant in Amasaman, Ghana is a testament to the strong partnership between Korea and Ghana, combining Korean Engineering Technology with Ghanaian dedication…reports Asian Lite News

Kia Corporation’s official distributor in Ghana “Rana Motors” has officially launched its state-of-the-art assembly plant in Ghana, marking a significant milestone in the company’s expansion strategy in the African continent. Focused on Western Africa, this strategic move positions Kia as a key player in the region’s automotive industry.

The launch event took place on May 2 and was attended by H.E. Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana, Hon. Michael Okyere Baafi, Deputy Minister for Trade and Industry of Ghana, Hon. Henry Quartey, Regional Minister of Ghana, and other key leaders from the country.

Kia unveils new company logo, brand slogan. (Photo Credit: Twitter/@Kia_Worldwide)

In collaboration with its esteemed partner – Rana Motors – Kia’s assembly plant in Amasaman, Ghana is a testament to the strong partnership between Korea and Ghana, combining Korean Engineering Technology with Ghanaian dedication, capabilities, and passion. The facility, equipped with the latest technology and staffed by a highly skilled team of engineers and technicians, meets Kia’s rigorous international standards to deliver only the highest quality vehicles to African consumers.

Yaser Shabsogh, Chief Operating Officer, Regional HQ, Middle East & Africa, Kia stated: “This facility not only addresses the present needs of Ghanaian customers but also proactively anticipates their future requirements. Our goal is to fulfill the demands not only within Ghana but potentially also across West Africa. We are excited about the opportunities that this expansion will bring.”

Essam Odaymat, CEO of Rana Motors, expressed the assembly plant’s importance in fostering a stronger bond between Ghana and the Republic of Korea, stating, “We humbly take pride in our role of enhancing the relationship between Ghana and the Republic of Korea by promoting excellence.”

In line with the brand’s vision to become a sustainable mobility solutions provider, the assembly plant addresses critical global challenges such as water shortage and energy consumption. Kia and Rana Motors have implemented a sustainable water approach featuring a stormwater harvesting system, enabling the capture and reuse of water runoff for daily factory operations.

Furthermore, the factory’s sustainable energy approach includes natural light, ventilation systems, and heat insulation to reduce energy consumption. In the project’s next phase, solar panels will be installed on the factory roof, enabling the facility to generate its energy sustainably, covering all its energy consumption.

The assembly plant proudly stands as the largest in Ghana and the region, assembling six vehicle models and will expand to ten models in the next few months. Spread out over a substantial 65,000 square meters of land, the Amasaman facility has a building area of 16,000 square meters, with over 1,000 square meters of living area. In keeping with its proportions, the initial operational capacity of the plant is 35,000 vehicles, with plans for expansion to 70,000 vehicles. Due to the impressive size of the factory, approximately 6,000 tons of cement and 3,500 tons of iron and steel were used in the construction.

Currently, six Kia models are being produced – Kia Cerato, Kia K5, Kia Sonet, Kia Seltos, Kia Sportage, and Kia Sorento – and this portfolio will expand to ten models soon including the K2700, K3000, Carens, and Picanto. With the introduction of the largest regional assembly plant, Kia and Rana Motors have solidified their position as one of the world’s leading vehicle manufacturers.

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Business Motoring UAE News

All new Honda ZR-V arrives in UAE

The ZR-V perfectly embodies Honda’s ‘Advanced and Sporty’ brand ambition, blending premium design, state-of-the-art technology and engaging driving characteristics…reports Asian Lite News

Al-Futtaim Trading Enterprises launches the all-new Honda ZR-V, a head turning compact SUV that offers the perfect blend of sophisticated styling, practicality, and a purposeful driving experience. Lining up between HR-V and CR-V, the Honda ZR-V is aimed at young, image conscious buyers who seek a stylish, powerful, and fun to drive vehicle that can seamlessly integrate into their life. The ZR-V perfectly embodies Honda’s ‘Advanced and Sporty’ brand ambition, blending premium design, state-of-the-art technology and engaging driving characteristics.

ZR-V is a charismatic and energetic SUV that combines the confidence of an SUV and the elegance of a coupé.  A purposeful stance and a bold front face provide a strong road presence that perfectly complements its dynamic performance, whilst slimline, full LED, headlights and gloss black grille create a sophisticated appearance, which continues along the side of the vehicle through to the sleek horizontal LED rear combination lights that neatly integrate into the tailgate. The interior of ZR-V is similarly class leading, with high quality, soft-touch materials and detailed finishing, combined with stylish lighting throughout the cabin to create a premium ambience.

Safety is a key priority for Honda, with all grades of the new ZR-V equipped with Honda SENSINGTM driver assistance which includes features such as Adaptive Cruise Control, Forward Collision Warning, Lane Departure Warning and Collision Mitigation Braking System to help reduce the risk of an accident, whilst the Advanced Compatibility Engineering™ (ACE™) Body Structure and standard 8 airbags help protect the driver and passengers in the event of a collision.

Honda ZR-V is powered by a turbo charged 1.5L i-VTEC DOHC engine that provides 180hp and 240Nm of torque, and fuel efficiency of up to 16.5km/Litre, giving a potential range of 940km from a full tank of gas. Whether you’re accelerating from standstill or passing at speed, the turbocharged engine delivers a forceful response. It’s mated to the latest generation of continuously variable transmission (CVT) that is tuned for a more natural response with early downshifts during braking for more engaging driving experience.

Two grades of ZR-V will be available. With a starting price of AED 119,900, the highly equipped LX model includes dual-zone Automatic Climate Control with rear AC vents, front and rear parking sensors, a 10.2” TFT Full Digital Driver Information Display and a 9” touchscreen that supports both Android Auto and wireless Apple Carplay, and a Qi-compatible wireless charging pad. The top-of-the-line EX, priced at AED 129,900 adds a 12-speaker Bose CenterPoint surround audio system, premium leather seats with 8-way power adjustment, a power-operated tailgate, and the Multiview 360-degree camera system and power tailgate with kick-sensor and walk-away close.

The ZR-V is available to purchase now in seven exterior colours, five of which debut on this model (Platinum Gray, Premium Crystal Garnet, Premium Crystal Blue,  Midnight Blue Beam and Nordic Forest),  interior colour options include Black or Grayage Fabric on LX or Grayage or Maroon Leather on EX.

Customers can experience the ZR-V in person at Honda Showrooms across the UAE in Dubai Festival City, Sharjah, Ras Al Khaimah, Fujairah, Al Ain and Abu Dhabi Umm Al Nar.

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Business Motoring

Hyundai Motor global sales jump in May

The gradual recovery from the global shortage of parts and production stabilization has helped the company secure solid performance…reports Asian Lite News

Hyundai Motor Company sold a total of 3,49,194 units globally in May 2023, a 7.8 per cent increase on a yearly basis, the automaker said on Friday.

In May, sales outside Korea increased by 7.7 per cent to 2,80,514 units.

The gradual recovery from the global shortage of parts and production stabilization has helped the company secure solid performance in North America, Europe, and India.

“Despite the continuing uncertainties in the business environment, the company maintained its robust sales momentum this year, thanks to solid demand for Hyundai vehicles,” Hyundai Motor Company said Friday.

Sales in Korea were up 8.4 per cent from a year earlier to 68,680 units with the introduction of new models, including the all-new Grandeur (Azera outside of Korea), and strong demand for SUV models. In Korea, the Grandeur sold over 11,500 units and Hyundai’s SUV models collectively sold 20,254 units.

Hyundai Motor maintained its electric vehicle (EV) sales momentum by selling around 23,000 units around the globe in May. Hyundai’s dedicated battery electric IONIQ models, including IONIQ 5 and IONIQ 6, accounted for nearly 70 per cent of its total EV sales.

“To meet its customers’ diverse needs, Hyundai Motor will continue implementing various measures to deliver class-leading products, including the all-new KONA SUV launched in March, Santa Fe SUV and IONIQ 5 N, to be launched later this year,” it said.

Established in 1967, Hyundai Motor Company has a presence in over 200 countries with more than 1,20,000 employees. (ANI)

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Business Motoring World News

Tesla Model Y becomes world’s bestselling car

Tesla Model Y surpassed Toyota’s RAV4 and Corolla models to top global sales rankings in the first quarter of 2023…reports Asian Lite News

Tesla Model Y has become the first all-electric vehicle to be billed as the world’s bestselling car, a report has shown.

Tesla Model Y surpassed Toyota’s RAV4 and Corolla models to top global sales rankings in the first quarter of 2023, according to data from Jato Dynamics.

The 2023 Model Y starts at $47,490, considerably more than the 2023 Corolla ($21,550) and RAV4 ($27,575), reports The Verge.

Tesla Model Y sold 267,200 units globally in the first quarter this year, compared to 256,400 Corolla and 214,700 RAV4 units sold.

Tesla CEO Elon Musk even estimated back in 2016 that this model would draw demand “in the 500k to 1 million unit per year level.”

Musk in 2021 predicted that the Model Y would claim the top spot in the world.

“We think Model Y will be the bestselling car or vehicle of any kind in the world. Probably next year. I’m not 100 per cent certain next year, but I think it’s quite likely,” he had told investors.

Tesla remains the market leader in the electric vehicle (EV) market in the US with more than 50 per cent share, selling more cars than the other 17 automotive groups combined.

EV sales increased to represent 7 per cent of all US passenger vehicle sales in 2022, according to Counterpoint Research.

“Tesla is dominating the US EV market while other automotive giants like Ford, General Motors, Stellantis, Volkswagen and Hyundai are struggling to provide strong competition,” according to research analyst Abhik Mukherjee.

“Moreover, with the recent price cuts by Tesla and all versions of Tesla’s Model Y becoming eligible for the EV tax credit subsidy, it is expected that Tesla will take an even higher market share,” Mukherjee added.

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Business India News Motoring

McLaren Artura supercar arrives in India

The Artura’s top speed is 330km per hour with 0-100 km per hour reached in just 3.0 seconds and 0-200 km per hour in 8.3 seconds, according to the company….reports Asian Lite News

British luxury supercar-maker McLaren Automotive on Friday introduced the all-new McLaren Artura in India for Rs 5.1 crore (ex-showroom, Delhi price), which is the company’s first-ever series-production High-Performance Hybrid (HPH) supercar to arrive in the country.

The Artura’s top speed is 330km per hour with 0-100 km per hour reached in just 3.0 seconds and 0-200 km per hour in 8.3 seconds, according to the company.

The Artura has full Plug-in Hybrid (PHEV) capability and can be charged to an 80 per cent level in 2.5 hours. The battery pack can also harvest power from the combustion engine during driving, tailored to the driving mode selected.

This provides the driver with a unique ability to enjoy the car in silent, pure EV mode with a range of up to 31 km and a top speed of 130km per hour, said the company.

“Our impact in the Indian market in our first year has been outstanding, and we look forward to continuing to provide our customers with exceptional service and the ultimate driving experience,” said Paul Harris, Managing Director — APAC and China, McLaren Automotive.

The Artura has four powertrain modes, covering every driving requirement: E-mode, Comfort, Sport and Track.

It has twin-turbocharged 3.0-litre V6 petrol engine combined with E-motor and energy-dense battery pack, produces 680PS (671bhp) and 720 Nm (530lb ft).

“We look forward to continuing to provide the finest customer service and thrilling driving experiences and with the introduction of the hybrid McLaren Artura supercar, we aim to provide our customers with the most cutting-edge automotive technology and design,” said Lalit Choudary, Chairman and Managing Director, McLaren Mumbai.

The redesigned platform works in conjunction with a variety of weight-reduction measures to produce a class-leading lightest dry weight of 1,395kg and best-in-class kerb weight (DIN) of 1,498kg.

McLaren’s cars are designed at the McLaren Technology Centre in Woking, Surrey, England before being hand-built at the adjoining McLaren Production Centre.

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Business Motoring Tech Lite

S.Korean carmakers’ market share falls in 2022

Hyundai.

Last year’s drop was led by sinking sales in China and Russia amid escalating geopolitical risks…reports Asian Lite News

South Korean carmakers’ global market share inched down in 2022 from a year earlier due largely to weaker sales in China and Russia, industry data showed.

Local automakers accounted for 7.3 per cent of vehicle sales in the world’s eight major markets last year, down from 7.7 per cent in 2021, according to the data from the Korea Automobile Manufacturers Association (KAMA).

Hyundai Motor and Kia are South Korea’s two biggest carmakers, with three other smaller rivals — GM Korea, Renault Korea Motors and KG Mobility, formerly SsangYong Motors — operating in Asia’s fourth-largest economy.

Their share was the fifth largest in the world. The eight markets are the United States, Europe, China, India, Mexico, Brazil, Russia and the Association of Southeast Asian Nations (ASEAN), reports Yonhap news agency.

Last year’s drop was led by sinking sales in China and Russia amid escalating geopolitical risks, KAMA said.

Local carmakers’ share of the Chinese market slumped to 1.6 per cent last year from 2.4 percent a year earlier, with that of the Russian market shrinking to 17.8 per cent from 22.7 per cent.

Their portion of the Indian market also edged down to 21.3 per cent from 22.3 per cent over the cited period.

But they reported gains in other markets, with their share of the American market rising to 10.7 percent from 10 percent.

European companies posted the highest market share of 25.8 per cent, followed by Japanese carmakers with 25.3 per cent, Chinese firms with 19.5 percent and U.S. automakers with 18.4 per cent.

China became the world’s third-largest car seller in 2022 for the first time, overtaking their U.S. rivals.

The data also showed the global electric vehicle market soaring 43.4 per cent in 2022 from a year earlier, despite sluggish overall vehicle sales.

Europe took up the biggest share of the world EV market at 46.3 per cent, followed by China with 31.2 per cent and the U.S. with 12.3 per cent.

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Business Motoring Technology

Hyundai IONIQ 6: Meet the big winner

The Electrified Streamliner is the second straight Hyundai IONIQ model to sweep World Car Awards following IONIQ 5’s triple wins in 2022…reports Asian Lite News

Hyundai Motor Company’s acclaimed IONIQ 6 Electrified Streamliner has won the prestigious World Car of the Year, World Electric Vehicle and World Car Design of the Year, lauded by an international jury for its unique aerodynamic design and outstanding all-electric range. World Car Awards revealed the results at a ceremony held at the New York International Auto Show (NYIAS) today.

A jury of 100 automotive journalists from 32 countries chose IONIQ 6 from the top three finalists, all launched in 2022. This is Hyundai’s second straight triple honors at the World Car Awards. Last year, the jury named IONIQ 5 the winner in the same categories.

“We are thrilled to receive this prestigious honor two years in a row, which recognizes the tremendous talents and unrelenting efforts of everyone at Hyundai Motor Company to bring EVs like IONIQ 6 to market,” said Jaehoon Chang, President and CEO of Hyundai Motor Company. “This honor reinforces our commitment to be a global leader in vehicle electrification and will serve to embolden our efforts as a smart mobility solutions provider.”

“We always want to connect with customers on an emotional level and with the design of the IONIQ 6 we have created truly one of a kind. The daring streamliner styling combines strong emotional appeal with aerodynamic efficiency to give exceptional range,” said SangYup Lee, Executive Vice President and Head of Hyundai Global Design Center. “Inside, we set-out to create a personal studio which offers the mindful space and calm functionality which, we believe, elevates EV design.”

IONIQ 6 is the second model in Hyundai’s dedicated all-electric lineup brand, IONIQ. It takes full advantage of a bespoke Electric-Global Modular Platform (E-GMP) architecture to offer 800-V, ultra-fast charging capabilities for a 10 to 80 percent charge in just 18 minutes and a spacious interior.

With an ultra-low drag coefficient of just 0.21, IONIQ 6 is one of the most aerodynamic and energy efficient EVs on the market. The Electrified Streamliner’s WLTP rated range on a single charge is 614 km[2]. The standard 2WD model with 18-inch tire achieves WLTP-rated energy consumption of 13.9 kWh/100 km.

IONIQ 6’s many features include Vehicle-to-Load (V2L) technology, driver assistance systems and advanced connectivity with over-the-air (OTA) software updates that offer the ultimate in-car experience. The spacious and ergonomic interior takes full advantage of the elongated 2,950 mm wheelbase to provide an array of empowering features, such as Dual Color Ambient Lighting, Speed Sync Lighting, EV Performance Tune-up and Electric Active Sound Design (e-ASD), to enhance the electric mobility experience.

This year, the World Car Awards jury also named SangYup Lee as the 2023 World Car Person of the Year for his vital contribution to the most stunning and innovative concept and production cars unveiled in 2022, including Hyundai IONIQ 6, the All-new KONA and the N Vision 74 rolling lab.

In addition, IONIQ 6 has won prestigious awards during the past few months as it’s been named ‘Saloon of the Year’ at the 2023 GQ Car Awards and ‘New Car of the Year’ hosted by Le Guide de l’auto. Plus, it achieved a five-star safety rating and ‘Best in Class’ selection in the ‘Large Family Car’ category from Euro NCAP.

The IONIQ brand’s winning this year will help to energize Hyundai Motor’s efforts to accelerate its electrification strategy and become the world’s leading EV maker. Hyundai Motor plans to introduce 17 new BEV models by 2030, including Genesis luxury brand models, and aims to boost annual global BEV sales to 1.87 million units by 2030.

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Business India News Motoring

Hyundai India aims to bring ‘pump-to-plug’ revolution

The automaker has announced an investment of Rs 4,000 crore towards developing six electric vehicles in India by 2028…Tarun Garg interacts with Nishant Arora

As the electric vehicle (EV) four-wheeler segment gets charged up with some fresh offerings in the New Year, Hyundai Motor India Ltd (HMIL) said they are aiming to bring a “pump-to-plug” revolution in the country, showcasing its global technology and product strength, and will launch a complete range of innovative EV in the market by 2028.

The automaker has announced an investment of Rs 4,000 crore towards developing six electric vehicles in India by 2028.

“Hyundai Motor India is taking experiences ‘Beyond Mobility’ by strongly focusing on the three-pronged approach — intelligent technology, sustainability and innovation,” Tarun Garg, Chief Operating Officer (Sales, Marketing and Product Strategy), HMIL, told IANS.

“Our line-up of six EVs will cater to multiple segments including mass market and mass premium segments in India,” he added.

The company will also introduce EVs in different body styles, including SUV body shape by 2028, “thereby offering a wide range of models for customers to choose from in the country”, Garg said.

The company launched the all-electric SUV Hyundai IONIQ 5 at the ‘Auto Expo 2023’. The EV is underpinned by the E-GMP (electric global modular platform) that also underpins the Kia EV6 which is already on sale in India, and the Ioniq 5 also gets Level 2 ADAS features.

The introductory price of Ioniq 5 is Rs 44.95 lakhs (ex-showroom) and will be available in 3 colour options — White, Black, and an exclusive Matte Silver.

“This is our first dedicated EV model to be launched in India for customers that want to be in charge of a brighter and more sustainable future. The all-electric SUV has also been recognised as one of the top five EVs worldwide and will headline Hyundai’s initiative to drive the EV adoption in the country,” Garg emphasised.

HMIL was also the first company to launch a long-range electric SUV ‘KONA Electric’ in 2019.

The all-new Hyundai IONIQ 5 is equipped with V2L (vehicle-to-load) — an innovative technology that allows the customer to power electrical appliances up to 3.6 kW from inside and outside the vehicle.

Hyundai.

Garg told IANS that the Indian government is very serious for long-term electrification of the domestic auto industry.

“We always follow government mandates and protocols and are geared up to support the Indian government’s vision for electrification,” he added.

Powering the Ioniq 5 is an electric motor that produces 215 bhp and 350 Nm of torque, mated to a 72.6 kWh battery pack.

In the EV’s interior, eco-processed leather is the upholstery option on offer, and like any Hyundai vehicle, it is loaded to the gills with features and connected car technology.

There is also a Bose sound system with eight-speakers, along with the 12.3-inch touchscreen infotainment system that has support for over-the-air (OTA) updates.

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Business Europe Motoring

Ford to cut 3,800 jobs in Europe

ford.(photo:pixabay.com)

By 2025, Ford plans to resize its European engineering footprint, resulting in 2,800 fewer jobs….reports Asian Lite News

US automaker Ford on Tuesday announced it will eliminate 3,800 jobs over the next three years in Europe to restructure its business, creating a leaner, more competitive cost structure.

By 2025, Ford plans to resize its European engineering footprint, resulting in 2,800 fewer jobs. These changes are driven by the transition to fully electric powertrains and reduced vehicle complexity.

Additionally, a leaner cost structure will be created for Ford’s administrative, marketing, sales and distribution functions in Europe, which includes the elimination of approximately 1,000 positions.

Ford said it will maintain an engineering organisation of approximately 3,400 roles in Europe, focused on vehicle design and development, as well as the creation of connected services.

“Paving the way to a sustainably profitable future for Ford in Europe requires broad-based actions and changes in the way we develop, build, and sell Ford vehicles. This will impact the organisational structure, talent, and skills we will need in the future,” said Martin Sander, General Manager of Ford Model e in Europe.

The actions align Ford’s product development organisation and administrative functions in Europe, with a smaller, more focused, and increasingly electric product portfolio.

The automaker said it will now engage in consultation with its social partners across Europe with the intent to achieve the reductions through voluntary separation programmes.

“These are difficult decisions, not taken lightly. We recognise the uncertainty it creates for our team, and I assure them we will be offering them our full support in the months ahead. We will engage in consultations with our social partners so we can move forward together on building a thriving future for our business in Europe,” Sander said.

Ford is the top commercial vehicle brand in Europe, leading the industry for the past eight years.

Ford in Europe said it will continue to invest in the design and development of electric passenger vehicles, meeting consumer demand while at the same time targeting carbon neutrality across its European facilities, logistics and key suppliers by 2035.

“We are committed to our customers in Europe. Ford is focused on delivering an exceptional customer ownership experience, with outstanding digital services and connectivity, ensuring their daily mobility needs are exceeded,” said Sander.

Globally Ford is investing over $50 billion in EVs through 2026.

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