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ELECTRIC VEHICLES: Hyundai Motor Group to invest $87B over next 5 years; 44 electrified vehicles; new EV development system; hydrogen plans

Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 billion) annually to enhance its leadership in vehicle electrification, autonomous driving and mobility services, said Euisun Chung, Executive Vice Chairman (EVC) of the Group, at the company’s 2020 New Year ceremony at its headquarters in Seoul.

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ELECTRIC VEHICLES: Can European carmakers accelerate electric transition?

When Blas Arambilet tried to buy an electric car in April, something strange happened. Months after ordering a white Kia e-Niro from his local Barcelona showroom, he received a call from the dealership. Kia could not deliver the car this year, a salesman explained, because the company needed to book the sale in 2020 to help meet tough new targets for CO2 emissions.

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ELECTRIC VEHICLES: Mercedes delays U.S. sales of EQC electric crossover

The wait for an all-electric Mercedes-Benz in the world's No. 2 auto market just got longer.

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ELECTRIC VEHICLES: US states develop action plan to electrify trucks & buses

California is joining with seven other US American states to develop an action plan to put “hundreds of thousands” more emissions-free trucks and buses on roads and highways. The California Air Resources Board announced the initiative.

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ELECTRIC VEHICLES: Europe Gains Ground in Global Race to Sell Electric Cars

Europe is poised to lead global growth in electric-car sales next year as governments across the region offer consumers ever-sweeter incentives toward the purchase of new vehicles.

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ELECTRIC VEHICLES: Ferrari CEO pushes back expectations on EV until after 2025

MARANELLO, Italy -- Ferrari will not have its first full-electric model ready until after 2025 because the battery technology requires more development, CEO Louis Camilleri said, pushing back expectations.

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ELECTRIC VEHICLES: Tesla’s China-made cars qualify for subsidies

Tesla Inc.’s made-in-China sedans qualified to receive subsidies in the country, a potential boon for Elon Musk’s electric-car maker as it prepares to start selling locally-built models in the world’s biggest market for the vehicles.

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ELECTRIC VEHICLES: Germany Edges Out Norway as Europe’s Biggest Electric Car Market

Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.

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