Hyundai and Hilton Grand Vacations Partner to Offer Electric Vehicle Rentals at Popular Destinations

Hyundai Motor Company and Hilton Grand Vacations APAC & Hawaii are partnering to offer electric vehicle rentals at popular tourist destinations, starting with Hawaii. This collaboration aims to provide eco-conscious travelers with a sustainable and unique travel experience. The partnership aligns with both companies’ commitment to sustainability and could significantly impact the travel industry by encouraging a shift towards more eco-friendly practices.

Hyundai and Hilton Partner to Enhance EV Experience in Hawaii

Hyundai Motor Company and Hilton Grand Vacations APAC & Hawaii (HGV) have announced a collaboration to enhance the customer EV experience and attract potential customers in key tourist destinations across Hawaii. The partnership will offer premium customer experiences and sustainable mobility solutions, leveraging Hyundai’s ‘Hyundai Mobility Passport’ program, initially launched in Oahu Island and expanding to Kona this summer.

Ola Electric Records 107% YoY Growth in EV Two-Wheeler Registrations in June 2024

Ola Electric, led by Bhavish Aggarwal, has achieved a significant milestone, registering a 107% year-on-year growth in EV two-wheeler registrations during June 2024. The company’s expansive S1 portfolio, encompassing various price points, has contributed to its market leadership and accessibility. Ola Electric has also surpassed 2 lakh registrations in 2024, becoming the first EV two-wheeler company to achieve this landmark within the first half of the year. Furthermore, Ola Electric has received SEBI’s approval for its IPO, marking a crucial step in its growth journey.

China Warns of Global Economic Decoupling, Defends Industrial Policies

Chinese Premier Li Qiang delivered a strong message at the World Economic Forum in Dalian, warning that economic decoupling among nations could have devastating global consequences. He defended China’s industrial policies against accusations of overcapacity and cheap goods dumping, emphasizing the importance of cooperation over competition. These statements come amid rising trade tensions with the US, Canada, and the EU, all of which have imposed or are considering tariffs on Chinese electric vehicles. China has responded with potential tariff reductions on European cars in a bid to ease tensions.

Used Electric Vehicle Prices Are Falling Faster Than Gas Cars

A new report reveals that the price of used electric vehicles is dropping more rapidly than gas cars, making them more accessible to a wider audience. This trend can be attributed to the increasing popularity of EVs, leading to a larger supply of used models and more competitive pricing. With more affordable options available, the shift towards electric transportation is becoming more feasible for many.

Bollinger Motors Receives EPA Certification for Class 4 B4 Chassis Cab, Paving the Way for Commercial EV Deployment

Bollinger Motors, an electric commercial vehicle manufacturer, has secured a crucial milestone in its journey towards delivering all-electric commercial trucks. The company received its Certificate of Conformity from the EPA for its Class 4 B4 Chassis Cab, confirming its compliance with emissions standards. This certification paves the way for Bollinger Motors to begin selling its zero-emissions trucks in the U.S. market.

EU and China Agree to Talks on Electric Vehicle Tariffs

The European Union (EU) and China have agreed to hold talks regarding tariffs on Chinese electric vehicles (EVs). This comes after the EU imposed tariffs of up to 38% on Chinese EVs, citing concerns about unfair trade practices and subsidized competition. The talks, announced following virtual meetings between EU Trade Commissioner Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao, aim to prevent a potential tariff war.

Tesla’s Expanding Lineup: Three New Models on the Horizon

Tesla is expanding its lineup with three new models in the pipeline, adding to its existing five. These new vehicles could include a budget-friendly EV, the much-anticipated Tesla Cybercab, and potentially a rugged SUV or the long-awaited Tesla Roadster. While details are scarce, speculation and rumors abound, leaving fans eager for the company’s next move.

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