Hyundai Motor Group

Preparations for CIIE 2024 in full swing

Retrieved on: 
Mittwoch, Mai 8, 2024

SHANGHAI, May 8, 2024 /PRNewswire/ -- The seventh China International Import Expo (CIIE), hailed as an access point for global companies looking to expand their presence in the Chinese market, is scheduled to take place this November in Shanghai.

Key Points: 
  • SHANGHAI, May 8, 2024 /PRNewswire/ -- The seventh China International Import Expo (CIIE), hailed as an access point for global companies looking to expand their presence in the Chinese market, is scheduled to take place this November in Shanghai.
  • Over the years, companies from 173 countries and regions have made appearances at the CIIE and carried out tentative transactions worth $424.23 billion.
  • The debut of the American Food and Agriculture Pavilion at CIIE 2023 is a testament to the significant role the expo plays in bilateral trade cooperation.
  • In addition to the Business Exhibition, 72 countries and international organizations wowed visitors with their scientific and technological achievements, culture and art at the Country Exhibition of the sixth CIIE in 2023.

Preparations for CIIE 2024 in full swing

Retrieved on: 
Mittwoch, Mai 8, 2024

SHANGHAI, May 8, 2024 /PRNewswire/ -- The seventh China International Import Expo (CIIE), hailed as an access point for global companies looking to expand their presence in the Chinese market, is scheduled to take place this November in Shanghai.

Key Points: 
  • SHANGHAI, May 8, 2024 /PRNewswire/ -- The seventh China International Import Expo (CIIE), hailed as an access point for global companies looking to expand their presence in the Chinese market, is scheduled to take place this November in Shanghai.
  • Over the years, companies from 173 countries and regions have made appearances at the CIIE and carried out tentative transactions worth $424.23 billion.
  • The debut of the American Food and Agriculture Pavilion at CIIE 2023 is a testament to the significant role the expo plays in bilateral trade cooperation.
  • In addition to the Business Exhibition, 72 countries and international organizations wowed visitors with their scientific and technological achievements, culture and art at the Country Exhibition of the sixth CIIE in 2023.

Hybrid Vehicles Poised to Gain Market Share, Create Pathway to Meeting Auto Industry Environmental Goals as Regulatory Requirements, Dates Eased

Retrieved on: 
Montag, April 29, 2024

GRAND RAPIDS, Mich., April 29, 2024 /PRNewswire/ -- Changes in environmental regulatory requirements for the auto industry over the past six months have shifted focus from Electric Vehicles and created a pathway for Hybrid Vehicles to gain more market share. These changes also shift power away from EV leader Tesla to more Hybrid-focused OEMs.

Key Points: 
  • "Regulatory requirements and dates have eased, with the Biden Administration slashing EV adoption targets from 67% to 35% by 2032," Wainschel said.
  • In Q1 2024, year-over-year Hybrid share of vehicle movement jumped 3.2 percentage points, to 11.6% from 8.4% in Q1 2023.
  • "The shift in regulatory focus gives traditional OEMs more options to meet government standards and to appeal to consumers," Wainschel said.
  • For the complete eBook "Charging Ahead: Hybrids Come into Sharper Focus as EV Aspirations Meet Reality" download here .

Aptiv Reports First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, Mai 2, 2024

Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2024 U.S. GAAP earnings of $0.79 per diluted share.

Key Points: 
  • Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2024 U.S. GAAP earnings of $0.79 per diluted share.
  • First quarter Adjusted Operating Income, a non-GAAP financial measure defined below, was $544 million, compared to $437 million in the prior year period.
  • During the first quarter of 2024, the Company repurchased 7.3 million shares for $600 million, leaving approximately $1.0 billion available for future share repurchases.
  • The Company’s full year 2024 financial guidance is as follows:

MATRIX RENEWABLES SIGNS RENEWABLE ENERGY PURCHASE AGREEMENT WITH HYUNDAI MOTOR GROUP FOR A 284 MWDC SOLAR PROJECT IN BELL COUNTY, TEXAS

Retrieved on: 
Dienstag, April 30, 2024

MIAMI, April 30, 2024 /PRNewswire/ -- Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced that it has signed a renewable energy power purchase agreement with affiliates of the Hyundai Motor Group for 147 MWac from its Stillhouse Solar project, a 284 MWdc / 210 MWac total solar PV project located in Bell County, Texas (USA).

Key Points: 
  • MIAMI, April 30, 2024 /PRNewswire/ -- Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced that it has signed a renewable energy power purchase agreement with affiliates of the Hyundai Motor Group for 147 MWac from its Stillhouse Solar project, a 284 MWdc / 210 MWac total solar PV project located in Bell County, Texas (USA).
  • The Stillhouse Solar project is expected to begin commercial operations in the second part of 2025.
  • "We are thrilled to have finalized this agreement with Hyundai Motor Group, contributing to the achievement of its ambitious sustainability objectives in the United States," said Cindy Tindell, Managing Director and Head of U.S. for Matrix Renewables.
  • We thank Hyundai Motor Group for its commitment to our Stillhouse Solar project and look forward to an enduring relationship."

Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid- to Long-term Mobility Strategic Commitments

Retrieved on: 
Donnerstag, April 25, 2024

SEOUL, South Korea and GURUGRAM, India, April 25, 2024 /PRNewswire/ -- Hyundai Motor Group (the Group or HMG) Executive Chair Euisun Chung visited India to review the Group's mid- to long-term future mobility strategies, which lay the foundation for its leadership in the Indian market and sustainable growth. The first overseas town hall meeting with the Executive Chair was also held with Hyundai Motor India employees.

Key Points: 
  • The first overseas town hall meeting with the Executive Chair was also held with Hyundai Motor India employees.
  • Celebrating its 30th anniversary in 2026, Hyundai Motor India is developing its 2030 strategy under the slogan 'Innovator in Mobility and Beyond'.
  • Executive Chair Chung conducted an in-depth review of and engaged in detailed discussions on Hyundai Motor Group's mid- to long-term strategies in India at the new Hyundai Motor India Headquarter Delhi office, situated in Gurugram.
  • Alongside Executive Chair Chung, key executives from Hyundai Motor – including Jaehoon Chang, the President and CEO of Hyundai Motor Company, and Unsoo Kim, Managing Director and CEO of Hyundai Motor India – participated, in addition to 400 Hyundai Motor India employees.

Hyundai Motor Group Executive Chair Euisun Chung Visits India to Underline Mid- to Long-term Mobility Strategic Commitments

Retrieved on: 
Donnerstag, April 25, 2024

SEOUL, South Korea and GURUGRAM, India, April 25, 2024 /PRNewswire/ -- Hyundai Motor Group (the Group or HMG) Executive Chair Euisun Chung visited India to review the Group's mid- to long-term future mobility strategies, which lay the foundation for its leadership in the Indian market and sustainable growth. The first overseas town hall meeting with the Executive Chair was also held with Hyundai Motor India employees.

Key Points: 
  • The first overseas town hall meeting with the Executive Chair was also held with Hyundai Motor India employees.
  • Celebrating its 30th anniversary in 2026, Hyundai Motor India is developing its 2030 strategy under the slogan 'Innovator in Mobility and Beyond'.
  • Executive Chair Chung conducted an in-depth review of and engaged in detailed discussions on Hyundai Motor Group's mid- to long-term strategies in India at the new Hyundai Motor India Headquarter Delhi office, situated in Gurugram.
  • Alongside Executive Chair Chung, key executives from Hyundai Motor – including Jaehoon Chang, the President and CEO of Hyundai Motor Company, and Unsoo Kim, Managing Director and CEO of Hyundai Motor India – participated, in addition to 400 Hyundai Motor India employees.

Technology Advancement: NEO Battery Expands Production Yield and Capacity with Manufacturing Innovation

Retrieved on: 
Donnerstag, März 14, 2024

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)

Key Points: 
  • TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
    Major Process Innovation Improves Silicon Anode Yield, Capacity, and Particle Uniformity
    NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to report technological advancements in NEO Battery’s silicon anode production yield, capacity, and quality through its recent manufacturing innovation.
  • During NBMSiDE® manufacturing, special additives effectively prevent silicon particle clustering or agglomeration by acting as an interparticle buffer layer.
  • By developing similar innovations, NEO Battery Materials aims to become a leader in the silicon anode market by securing price competitiveness through increased production yield and improving particle size uniformity and product quality.
  • This innovation is significant as no additional equipment or process changes are required to improve NEO’s One-Step Production Process.

Seoul Semiconductor Supplies WICOP to Front Headlamps of 2024 Genesis GV80, Leading Trend of Headlamps

Retrieved on: 
Donnerstag, März 28, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240328561793/en/
    Headlamps of GV80, a luxury SUV of Genesis, with Seoul Semiconductor’s WICOP technology applied (Photo: Seoul Semiconductor Co., Ltd.)
    Seoul Semiconductor applied its new technology of Ultra-High Luminance “WICOP UHL” to the high and low beams of GV80, the two lines that symbolize Genesis vehicles.
  • In addition, WICOP was applied to all front-light functions of GV80, including the daytime running lights (DRL) and turn signal lights.
  • WICOP UHL, applied to the micro lens arrays (MLA) in the headlamps of Genesis, is a product optimized for automotive applications developed based on WICOP, an ultra-small, high-efficiency LED technology.
  • According to Genesis, “The adoption of Seoul Semiconductor’s technology has enhanced the completeness of the front face of GV80, our luxury SUV.

New Oracle Database Survey Shows Customers Satisfied with Current Releases but Concerned with Cost, Effort, and Upgrades Required to Maintain and Support

Retrieved on: 
Donnerstag, März 21, 2024

” The Rimini Street-sponsored research was conducted among more than 100 U.S.-based Oracle application managers and leads, database architects, database administrators, and senior IT management.

Key Points: 
  • ” The Rimini Street-sponsored research was conducted among more than 100 U.S.-based Oracle application managers and leads, database architects, database administrators, and senior IT management.
  • View the full release here: https://www.businesswire.com/news/home/20240321224051/en/
    New Oracle Database Survey Shows Customers Satisfied with Current Releases but Concerned with Cost, Effort, and Upgrades Required to Maintain and Support (Graphic: Business Wire)
    The survey examines the strategies, underlying forces driving changes, and challenges experienced by Oracle Database customers as Premier Support for 19c comes to an end as of April 2024, followed by Oracle’s Extended Support in 2027.
  • The survey shows that most enterprises depend on Oracle and are running a high number of Oracle instances, with survey participants averaging 182 instances.
  • The data reveals that 41% of respondents are running Oracle Database version 19c while 38% are running an Oracle database instance older than 19c.