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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

Green Car Congress

The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. In addition, TMMT will be Toyota’s first European plant to start producing plug-in hybrid vehicles, and the first to be equipped with a battery production line.

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Hyundai Motor Group to build $5.54B EV plant and battery factory in Georgia

Green Car Congress

Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. The new EV plant and battery manufacturing facilities represent an investment of approximately US$5.54

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Mitsubishi Motors to raise proportion of electrified vehicles in total sales to 50% by 2030

Green Car Congress

As part of its newly announced 30-year environmental plan , Mitsubishi Motors (MMC) says that it will raise the proportion of electrified vehicles in its total sales—with a focus on its plug-in hybrids) to 50% by 2030. Raise the proportion of electric vehicles in the total sales to 50 percent by 2030.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn).

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Mitsubishi Motors targeting 50% electrified sales by 2030, 100% by 2035

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Mitsubishi Motors Corporation (MMC) unveiled its next Mid-Term Business Plan (MTP). Additionally, MMC will move to make 50% of global sales an EV by 2030, and then 100% of the fleet electrified by 2035 (“EV” specifically refers to a blend of plug-in hybrids (PHEV), hybrids (HEV) and pure electrics (BEV)).

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Toyota introduces home storage battery system based on EV battery technology

Green Car Congress

Toyota Motor is introducing the O-Uchi Kyuden System, a home storage battery system based on its electrified vehicle battery technology. Pre-orders for the system have started, and sales in Japan will begin in August through home builders and general construction companies. kWh and a rated output of 5.5

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