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Category: World

This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.

  • Hyundai’s heavy duty trucks to be exported to Germany

    Hyundai’s heavy duty trucks to be exported to Germany

    SEOUL: Hyundai Motor Company announced on Tuesday to export XCIENT Fuel Cell heavy-duty trucks to Germany, the biggest commercial vehicle market in Europe.

    Seven companies of Germany in logistics, manufacturing and retail will put 27 XCIENT Fuel Cell trucks into fleet service with funding for eco-friendly commercial vehicles from Germany’s Federal Ministry for Digital and Transport (BMDV). 

    READ MORE: Hyundai Motors announced 4% growth in July global sales

    Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation of Hyundai Motor Company said:

    “We are glad to now also officially enter the German commercial vehicle market with our heavy-duty fuel cell electric truck, the XCIENT Fuel Cell. Hyundai Motor, which is recognized as the leader in hydrogen fuel cell technology, will leverage this opportunity to expand our business into the wider European market by successfully supporting Germany’s efforts to achieve its carbon neutral goals,”

    READ MORE: Hyundai, Kia sign pact to develop mobility to explore moon

    In August 2021, BMDV rolled out its funding guidelines for commercial vehicles with alternative drive systems upon approval by the European Commission. The funding is available for battery, fuel cell and (overhead line) hybrid electric vehicles, corresponding to refueling/charging infrastructure and related feasibility studies. BMDV will have a budget of 1.6 billion euros available until 2024 to purchase eco-friendly commercial vehicles. 

    The aforementioned seven German companies initially applied for the funding with Hyundai’s XCIENT Fuel Cells and successfully received approval from BMDV, again proving XCIENT Fuel Cell’s product competitiveness. 

    READ MORE: Hyundai announces second quarter financial results

    Hyundai Hydrogen Mobility, a joint venture between Hyundai Motor Company and Swiss company H2 Energy, has also established Hyundai Hydrogen Mobility Germany GmbH (HHMG) to actively expand its entry into the hydrogen-powered commercial vehicle market in Germany. In order to establish a hydrogen ecosystem in the country, HHMG will operate local market sales and customer service as well as upfitter management in the market. HHMG also plans to actively participate in the second funding program.

    XCIENT Fuel Cell Specifications

    The XCIENT Fuel Cell to be delivered is equipped with a 180-kW hydrogen fuel cell system with two 90-kW fuel cell stacks. The system’s durability and the vehicle’s overall fuel efficiency are tailored to the demands of commercial fleet customers. The 350-kW e-motor with maximum torque of 2,237 Nm enables dynamic driving performance.

    READ MORE: Chevrolet unveils all-electric 2024 Blazer EV

    XCIENT Fuel Cell’s seven large hydrogen tanks offer a combined storage capacity of around 31 kg of fuel, while a 72-kWh-powered set of three batteries provides an additional source of power. The maximum driving range is 400 km per charge. Refueling a full tank of hydrogen takes about 8 to 20 minutes, depending on the ambient temperature. 

    Launched in 2020 by Hyundai Motor, XCIENT Fuel Cell is the world’s first mass-produced hydrogen electric heavy-duty truck. The company has already deployed 47 units in Switzerland where they have accumulated more than four million kilometers in driving as of July 2022. The trucks are servicing 23 different customers in Switzerland.

    READ MORE: Pakistan reintroduces capital value tax on motor vehicles

  • Hyundai Motors announced 4% growth in July global sales

    Hyundai Motors announced 4% growth in July global sales

    SEOUL: Hyundai Motor Company on Monday announced that its July 2022 global sales registered an increase of 4 per cent to 325,999 units.

    READ MORE: Hyundai, Kia sign pact to develop mobility to explore moon

    In markets outside of Korea, Hyundai Motor sold a total of 269,694 units, a 6.3 percent increase from a year earlier.

    Despite global component shortages and ongoing geopolitical issues, the sales in global markets have recovered steadily this year.

    READ MORE: Hyundai announces second quarter financial results

    Sales in Korea were down by 5.9 percent year-over-year to 56,305 units. However, the company maintained solid sales of SUV models and Genesis luxury brand vehicles, selling 15,371 units and 10,512 units, respectively.

    Amid fiercer competition in the global electric vehicle (EV) market, the company is solidifying its position as an EV leader. In July, Hyundai sold over 16,000 EVs on a retail sales basis, a 24 percent increase from a year earlier, with more than 8,000 units of IONIQ 5 leading the way.

    READ MORE: Chevrolet unveils all-electric 2024 Blazer EV

    In spite of unfavorable external conditions, including ongoing components shortages and cost fluctuations of raw materials, Hyundai will continue to alleviate business uncertainties by optimizing production and inventory status while diversifying business strategies tailored for each region.

    READ MORE: Pakistan reintroduces capital value tax on motor vehicles

  • Amazon declares $2 billion net loss for second quarter

    Amazon declares $2 billion net loss for second quarter

    SEATTLE, Washington: Amazon.com, Inc. has announced net loss of $2 billion for the second quarter against the net income of $7.8 billion in the second quarter of 2021.

    (more…)
  • Careem customers donate Rs10.3 million

    Careem customers donate Rs10.3 million

    KARACHI: Careem, the Super App for the greater Middle East and Pakistan on Friday announced they received donations worth Rs10.3 million during last two years through its reward feature.

    These donations were made by customers using the Careem app to multiple reputable charities including, Indus Hospital, The Citizens Foundation (TCF), World Wide Fund for Nature-Pakistan (WWF-Pakistan), NOWPDP, SOS Children’s Village, CYTE Foundation, Saylani Welfare Trust and Shahid Afridi Foundation (SAF).

    READ MORE: SBP issues electronic money license to Careem Pay

    The donation amount was revealed at an event where notables from multiple charities and Careem were present.

    Feroz Jaleel, Country Head, Careem Pakistanexpressed his gratitude for this generous initiative and said “We believe technology has the potential to act as an enabler in society, allowing people to donate using our Super App.

    It makes me very happy that our customers have come forward and contributed to the betterment of society. It is our responsibility to look after the less fortunate and support those in need”.

    READ MORE: Careem signs agreement to provide logistic solution to Unilever

    Careem rewards are virtual redeemable points that customers receive upon using any of the available services in the mobile application across the region.

    In Pakistan, customers get these points from taking a ride to using the delivery service or mobile phone recharge. Customers can redeem these points to get buy-one-get-one meals, discounts on entertainment and shopping from a variety of options available in the rewards section.

    READ MORE: Careem Pakistan asked to facilitate expatriates availing services in country

    These points can also be used to donate to charitable organizations to help them support the less fortunate people in society and make the world a better place to live.

    Careem has more than 800,000 Captains registered on its platform so far. As the region’s multi-service application, Careem offers multiple opportunities as it expands its services from the mobility of people to mobility of things and money including daily essential deliveries, peer-to-peer credit transfer, and mobile top-ups.

  • Toyota lowers July production in Japan

    Toyota lowers July production in Japan

    Toyota Motor Corporation has announced a downward revision of its production forecast for July 2022, attributing the adjustment to an ongoing parts shortage exacerbated by the impact of the COVID-19 pandemic.

    (more…)
  • Hyundai, Kia sign pact to develop mobility to explore moon

    Hyundai, Kia sign pact to develop mobility to explore moon

    SEOUL, Korea: Hyundai Motor and Kia Corporation on Wednesday signed agreements with six Korean research institutes to develop mobility solutions to explore the surface of the moon.

    Hyundai Motor and Kia, who have pioneered endless possibilities for mobility expansion through innovative technologies such as robotics and Advanced Air Mobility (AAM), are now expanding their vision beyond the bounds of Earth and into space.

    READ MORE: COVID-19 cases reported at Toyota work sites

    The announcement follows Korea’s successful launch of a domestically produced rocket in June.

    Yong Wha Kim, Executive Vice President, and Head of R&D Planning & Coordination Center of Hyundai Motor and Kia said “We have taken the first step towards transforming our vision for robotics and the concept of Metamobility into reality.”

    “We will expand the scope of human movement experience beyond traditional means of transport and beyond the bounds of Earth to further contribute to the progress of humankind and help create a better future.” He added.\

    READ MORE: Honda Cars declares 29% fall in quarterly profit

    The signing ceremony held in Korea was attended by Chung Kook Park, President and Head of R&D Division of Hyundai Motor and Kia as well as top officials from the six research institutes: Korea Atomic Energy Research Institute (KAERI); Korea Aerospace Research Institute (KARI); Korea Astronomy and Space Science Institute (KASI); Korea Automotive Technology Institute (KATECH); Korea Institute of Civil Engineering and Building Technology (KICT); and Electronics and Telecommunications Research Institute (ETRI).

    With collaboration expected to start as early as August, the consultative body will define the concept of lunar exploration mobility and major core technologies while developing and reviewing specific strategies and implementation measures to operate on the moon. Hyundai Motor and Kia will support the consultative body with their smart mobility technologies.

    READ MORE: Honda to slash production on supply constraints

    Under the multilateral research agreement, the participants from the private and government sectors will integrate their knowledge and capabilities to significantly advance their existing technologies and engineer new solutions for moon exploration mobility. Expertise will be brought to bear across numerous areas, including exploration equipment, software for mobility operation and remote communication functionality.

    With no air, extreme temperatures and countless craters and coatings of lunar dust composedof sharp and abrasive particles, the moon’s surface is an exceptionally harsh environment. While it poses significant challenges to the development of surface exploration mobility, it also provides the ultimate proving ground and will deliver invaluable lessons for Hyundai and Kia to further accelerate the delivery of smart and sustainable mobility solutions on earth.

    READ MORE: Suzuki starts producing outboard motors with plastic collecting device

    Hyundai and Kia have formed an internal consultative body with key personnel for the development and operation of lunar surface mobility. Resources will be brought to bear from Hyundai and Kia’s Robotics Lab in charge of robot development. Hyundai and Kia will also collaborate on software and hardware design and interpretation, space environment response technology, and special equipment for conducting lunar exploration missions.

    The multilateral agreement to develop mobility for exploring the moon’s surface represents a seminal moment in the history of Hyundai Motor and Kia that expands their vision for future mobility, including Robotics and AAM, to areas beyond the Earth. Hyundai and Kia also expect to secure proprietary technologies for future mobility businesses in the process of the new lunar exploration mobility robotics development. 

    In January, Hyundai Motor announced its robotics vision of ‘Metamobilty’ to help overcome the limitations of movement at CES 2022, which featured a video of Boston Dynamics’ robot, named ‘SPOT’, exploring outer space. 

    READ MORE: Hyundai announces second quarter financial results

  • COVID-19 cases reported at Toyota work sites

    COVID-19 cases reported at Toyota work sites

    Takaoka Plant in Toyota City, Aichi Prefecture, Japan: Toyota Motors Corporation on Tuesday announced COVID-19 cases reported at its work sites.

    In a statement the company said that this news may cause to people in the surrounding regions.

    The virus is an issue that has the potential to affect all Toyota locations and we are continuously working to further enhance our communication and health checks with staff at all locations.

    “Toyota is actively implementing measures to prevent the further spread of the virus and remain committed to provide timely updates as the situation requires,” the company added.

    The company shared the following information:

    Announced on July 26, 2022

    Location, Worksite

    Takaoka Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (a male in his 20’s, two males in their 30’s, a male in his 40’s, a female in her 30’s.)

    Affect to production operation

    Suspended operations on production line #1 at Takaoka plant for the second shift on July 26.

    Date tested positive

    July 24 and 25, 2022

    Last date at work

    July 23, 2022

    Date work site was disinfected

    July 25 and 26, 2022

    Announced on January 20, 2022

    Location, Worksite

    Tsutsumi Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (4 males each in their 20’s, 30’s, 40’s and 50’s.)

    Affect to production operation

    Suspended operations on production line #1 at Tsutsumi plant for the second shift on January 20.

    Date tested positive

    January 17, 18, and 19, 2022

    Last date at work

    January 17, 2022

    Date work site was disinfected

    January 17, 18, and 19, 2022

    Announced on January 19, 2022

    Location, Worksite

    Tsutsumi Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (ten males in 20’s, one male in 30’s, and three males in 40’s.)

    Affect to production operation

    Decided to suspend operations on production line #2 at Tsutsumi plant for the first shift from January 19 to 22.

    Date tested positive

    January 18 and 19, 2022

    Last date at work

    January 18 and 19, 2022

    Date work site was disinfected

    January 18 and 19, 2022

    Location, Worksite

    Tsutsumi Plant in Toyota City, Aichi Prefecture, Japan

    Type of worker

    Line workers (eight males in 20’s and 40’s.)

    Affect to production operation

    Production line #2 at Tsutsumi plant halted operation for the first shift on January 19.

    Date tested positive

    January 18, 2022

    Last date at work

    January 18, 2022

    Date work site was disinfected

    January 18, 2022

  • Honda to slash production on supply constraints

    Honda to slash production on supply constraints

    TOKYO, Japan: Honda Motor Co has said it may cut production due to supply constraints and logistical issues.

    READ MORE: Suzuki starts producing outboard motors with plastic collecting device

    According to foreign media, the company said that two lines at Suzuka plant will reduce production by about 10 per cent this month and 30 per cent in early August this year.

    Another plant in Saitama prefecture may also cut production to 10 per cent next month.

    READ MORE: Hyundai announces second quarter financial results

    Auto manufacturers in China are unable to escape from the impact of shortage of semiconductors and COVID-19 lockdowns.

    Toyota Motor Corp said that its global production for August would be about 700,000 units, down roughly 18 per cent from its plans at the beginning of the year.

    READ MORE: Honda unveils all-new Civic Type R

    Honda adjusted its production plan in May but had said it would return to normal in early June.

  • Huawei suggests characteristics for 5.5G

    Huawei suggests characteristics for 5.5G

    SHENZHEN, China: Yang Chaobin, President of Huawei’s Wireless Solution on Friday delivered a speech titled “Continuous Innovation Towards 5.5G for a New Journey of 5G Industry”.

    President of Huawei talked about the characteristics of 5.5G network. He said that the network would provide 10 Gbps experience, 100 billion connections, and native intelligence.

    READ MORE: Peshawar Customs announces auction of motor vehicles on July 26, 2022

    “Driven by new toC and toB services, we will enhance eMBB, URLLC, and mMTC, and provide new capabilities of sensing, passive IoT, positioning, and native intelligence. With them, we will build intelligent 5.5G that support 10 Gbps downlink, 1 Gbps uplink, and 100 billion connections, embarking on a new journey of 5G,” he added.

    As XR Pro and other toC services continue to gain popularity, networks must increase user-perceived rates tenfold for mobile connections. ToB services require high uplink speeds and sensing capabilities, medium-speed connections, and passive IoT. “This means that 5.5G networks must provide a downlink speed of 10 Gbps and an uplink speed of 1 Gbps, support 100 billion IoT connections, and become natively intelligent,” commented Yang.

    READ MORE: Suzuki starts producing outboard motors with plastic collecting device

    Ultra-large bandwidth has proven essential to mobile networks, requiring all sub-100 GHz resources to be fully utilized. As high bands are increasingly used, extremely large antenna array (ELAA) will be necessary to address the resulting coverage contraction.

    ELAA enables high-band networks to provide the same coverage as C-band so that operators can provide 10 Gbps to all users at all times no matter where they are. ELAA MetaAAUs have been put into commercial use in more than 30 cities.

    Field tests are completed on 6 GHz band, showing that co-coverage with C-band is possible in cases where outdoor deployments cover outdoor (O2O) and indoor (O2I) users. mmWave can ensure an overall peak rate of 10 Gbps, with a Gbps experience possible even at a distance of 5 km.

    READ MORE: Hyundai announces second quarter financial results

    ToB connections often feature far stronger uplink capabilities than downlink. With the uplink decoupled from the downlink, toB services flexibly use uplink and downlink spectrum on different bands, including existing FDD spectrum and newly defined uplink-only spectrum. Through uplink/downlink decoupling, spectrum convergence will be possible to ensure Gbps uplink. To date, uplink/downlink decoupling has already been commercially adopted in mining and steel sectors to ensure 1 Gbps uplink transfer required for 100-channel HD backhaul and panoramic remote control.

    RedCap is already available for commercial use. Compared with eMBB, RedCap features a low power consumption and high cost effectiveness, making it to be easily adopted on a massive scale.

    READ MORE: Honda unveils all-new Civic Type R

    Passive IoT combines cellular communications and passive tagging and features low terminal prices and long coverage distances, providing an ideal option for connecting tens of billions of passive IoT devices.

    Based on Huawei’s verification, passive IoT supports a coverage distance exceeding 200m. Additionally, sensing will be integrated onto mobile networks, facilitating the use of mmWave high bandwidth to improve sensing precision.

    As such, speed and distance measurements and imaging will be enhanced to further improve exception identification for smart transportation, geo-fencing for smart factories, and other industry applications, ultimately enabling digital replica.

    READ MORE: Pakistan reintroduces capital value tax on motor vehicles

    5G developments will increase service varieties and differentiation, with networks running with multiple bands and radio access technologies concurrently. This justifies the urgent necessity for introducing intelligence into mobile networks to maximize resource utilization and ensure service experiences.

    In addition, intelligence will best balance network performance and energy consumption, which will be important to fulfill increasing 5G traffic demand. The native intelligence will further enable networks to facilitate real-time sensing, modeling and prediction, and multidimensional decision-making.

    As such, networks will be intelligently optimized, with various resources to be configured on demand to deliver optimal user experience and capacity. O&M will be intelligently simplified, with site planning, deployment, and troubleshooting automated to maximize performance and energy saving.

    “To meet the diverse requirements across various industries of the next 10 years, 5G must enhance existing capabilities and support new capabilities of high-precision sensing, passive IoT, and native intelligence. We will continue to work with global partners to further innovate 5G and strive for the 5.5G era by protecting the investments of operators,” concluded Yang.

  • Suzuki starts producing outboard motors with plastic collecting device

    Suzuki starts producing outboard motors with plastic collecting device

    JAPAN: Suzuki Motor Corporation on Friday announced to start production of five mid-sized outboard motors equipped with the world’s first Micro-Plastic Collecting Device.

    The product will be available around the world including the major markets of North America and Europe.

    READ MORE: Hyundai announces second quarter financial results

    The press release issued on July 22, 2022 stated that huge amount of marine plastic waste that flow into the ocean has become a significant environmental issue in the recent years, and micro-plastics that are further crushed in the natural environment are concerned to have an impact on ecosystems.

    To tackle these issues, in October 2020 Suzuki announced the development of a Micro-Plastic Collecting Device which can be equipped to outboard motors. By installing this device to outboard motors, micro-plastics near the water surface can be collected simply by running the boat.

    READ MORE: Honda unveils all-new Civic Type R

    After the announcement, monitoring surveys were conducted in 14 countries, including Japan, the United States and Europe, and improvements were made to the device. In July 2022, 5 models (DF140BG, DF115BG, DF140B, DF115B, and DF100C) have started production with the device as standard equipment.

    The installation of this device on outboard motors is one of the three activities of the SUZUKI CLEAN OCEAN PROJECT, which is Suzuki’s commitment to address the marine plastics issue.

    Suzuki aims for the further improvement of marine environment and the realization of a sustainable society, by promoting the SUZUKI CLEAN OCEAN PROJECT, along with our customers all over the world.

    READ MORE: Pakistan reintroduces capital value tax on motor vehicles