SEOUL (Reuters) – South Korea’s Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs. The plan underscores efforts by the world’s No.5 auto group to become a major player in […]
Category: Automotive
Auto Industry Braces for Electric Shock
By Morgan Stanley – morganstanley.com By 2050, there may be one billion electric vehicles on the road worldwide, bringing opportunities—and challenges—for automakers and the supply chain. With advances in technology and growing consumer acceptance, the automobile industry’s electric-powered future is in sight. But what are the business implications for manufacturers as […]