Hyundai IONIQ reigns supreme at world car awards

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The Borgward BX7
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Richard Latek, US marketing director at GMC, presents the new Terrain
Updated 26 November 2017
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Hyundai IONIQ reigns supreme at world car awards

The Hyundai IONIQ has won the “Supreme Award” in the eighth edition of the Women’s World Car of the Year awards.  All three models — the IONIQ Electric, Hybrid and Plug-in —were treated as one car for voting purposes. To identify the supreme winner, the Women’s World Car of the Year jury first voted for the winning models in six different categories: family car, budget car, green car, SUV/Crossover, luxury car and performance car. The IONIQ came out on top in the Green car category and was then chosen as the supreme winner. “Since entering the market last year, more than 23,000 customers in Europe have chosen the IONIQ range,” said Andreas-Christoph      Hofmann, vice-president of marketing and product at Hyundai Motor Europe. “The Women’s World Car of the Year award once again proves that the world’s first car offering hybrid, plug-in hybrid and all-electric powertrains in a single body type is a real champion.”

With track-honed design, chassis and suspension elements, the Cadillac V-Series of vehicles are dual-purpose luxury performers with true track capability. Represented by the 2018 ATS-V and CTS-V models at the Dubai International Motor Show 2017 (Nov. 14-15), the Cadillac V-Series is inspired by top-of-the-line, race-ready vehicles, tailor-made to bring agile performance to everyday driving. More than 10 years since the first-generation V-series was produced, the 2018 ATS-V and CTS-V models incorporate high-performance elements with components from top automotive suppliers and segment-leading company-exclusive technology.

GMC harnessed the power and style of its iconic Desert Fox nameplate at this year’s Dubai International Motor Show, showcasing a Middle East Concept Truck alongside an original example of this classic special edition. Demonstrating how the premium brand’s reputation for delivering power and style is reflected in its current line-up, GMC also showcased the all-new 2018 Terrain and a refreshed 2018 Yukon Denali on the brand’s stand at the Dubai show. The Desert Fox Middle East Concept Truck unveiled at the show was created exclusively for the Middle East region, where GMC’s trucks are respected for their ability to work hard and desired for their premium quality. Based on the 2018 Sierra 1500, this concept truck echoes the look and feel of the original while bringing it up to date.

German-based automotive brand Borgward has officially entered the GCC car market with the rollout of the Middle East versions of its premier BX5 and BX7 SUV models at the recent Dubai International Motor Show. Known for their advanced technology, high performance and characteristic Borgward design, the flagship models’ distinct features attracted some attention at the venue. Borgward’s entry to the GCC comes amid robust customer demand for compact and mid-size SUVs in the region, where sales of these vehicles have represented more than 30 percent of total annual new car sales. The successful introduction of the two SUVs embodies the German company’s commitment to delivering superior comfort and dynamic performance at a cost-effective price.
 


Saudi energy minister compares electric vehicle ‘hype’ to peak oil misconceptions

Updated 15 October 2018
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Saudi energy minister compares electric vehicle ‘hype’ to peak oil misconceptions

  • Khalid Al-Falih on Monday questioned what he described as the “hype” of the electric vehicle market
  • Compared it to past misconceptions around the theory of peak oil

LONDON: Saudi Energy Minister Khalid Al-Falih on Monday questioned what he described as the “hype” of the electric vehicle market and compared it to past misconceptions around the theory of peak oil.
He told the CERAWeek energy gathering by IHS Markit in New Delhi that petrol and diesel engines would co-exist with emerging electric and hydrogen fuel cell technologies for much longer than widely expected.
Miscalculations around the pace of electrification could create “serious” risks around global energy security, he said.
“Conventional vehicles today, despite all the hype, represent 99.8 percent of the global vehicle fleet. That means electric vehicles with 0.2 percent of the fleet, only substitute about 30,000 barrels per day of oil equivalent of a total global oil demand of about 100 million barrels.
“Even if those numbers increase by a factor of 100 over the next couple of decades, they would still remain negligible in the global energy mix.”
He said: “History tells us that orderly energy transformations are a complex phenomenon involving generational time frames as opposed to quick switches that could lead to costly setbacks.”
In another broadside aimed at electric vehicles, the Saudi energy minister highlighted past misconceptions about global energy demand growth — and specifically the notion of “peak oil.”
“I remember thought leaders within the industry telling us that oil demand will peak at 95 million barrels per day. Had we listened to them and not invested . . . imagine the tight spot we would be in today.”
“Let’s also remember that in many parts of the world, roughly three fourths of the electricity, which would also power electric vehicles, is currently generated by coal, including here in India. So you could think of any electric vehicle running in the streets of Delhi as essentially being a coal-powered automobile.”
“When it comes to renewables, the fundamental challenge of battery storage remains unresolved — a factor that is essential to the intermittency issue impacting wind and solar power. Therefore the more realistic narrative and assessment is that electric vehicles and renewables will continue to make technological and economic progress and achieve greater market penetration — but at a relatively gradual rate and as a result, conventional energy will be with us for a long, long time to come.”