Industry Roundup: Lamborghini, GM and Hyundai

GM buys Hyundai’s India plant and invests in new battery tech. 🔋
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Industry Roundup: Lamborghini, GM and Hyundai

Lambo Electro💡


Lamborghini teases its first all-electric supercar concept ahead of its August 18th reveal during Monterey Car Week. Following its electrification plans two years ago, the Italian automaker aims to introduce hybrids by 2024 and an all-new electric model by 2030. Lamborghini's future vision emerges post-hybrid Revuelto's launch.

Just sayin' "Lampo" is one way to say "lightning" in Italian. #LampoLambo ⚡️

GM Exit, Hyundai Enters 🙋‍♀️

Hyundai Motor's Indian unit is set to acquire General Motors' Talegaon plant in Maharashtra. This strategic acquisition marks GM's exit from India and elevates Hyundai's production potential to a whopping one million units annually. Come 2025, Hyundai's aggressive EV strategy for India will take shape at the revamped plant.

Just sayin' India has surpassed China in terms of population. By 2030, who can even guess what the auto market will be like there? Not GM, apparently. 👋

New New-Batteries Dreams😴


General Motors leads a $60M investment in Mitra Chem, a California startup pushing the boundaries of EV battery tech. Born from the minds of ex-Tesla and Toyota experts, Mitra Chem's journey with lithium iron phosphate (LFP) batteries could reshape EVs. GM vehicles might house these revolutionary batteries by 2030.

Just sayin' affordability and range anxiety are big adoption barriers right now; whoever breaks BOTH will be like that kid who pulled the sword from the stone. 🤴

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