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

Green Car Congress

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

Clean 429
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Canada releases list of 31 critical minerals; domestic production, global impact

Green Car Congress

Canada has released a list of 31 minerals considered critical for the sustainable economic success of Canada and its allies—minerals that can be produced in Canada, are essential to domestic industry and security and have the potential to support secure and resilient supply chains to meet global demand. —Seamus O’Regan Jr.

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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 million all-electric vehicles a year based on the MEB in the future at its sites in Europe, the US and China. 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase.

Global 435
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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. However, the study reveals there has been an increase in interest in the US and Chinese markets. Source: Ipsos. —John Kiser.

Global 429
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Automotive supplier Eberspächer acquires 100% of ViCTORi to enter hydrogen and fuel cell market

Green Car Congress

Automotive supplier Eberspächer is entering the fast-growing market of hydrogen and fuel cell technology. In the future, Eberspächer will offer air supply components for fuel cell systems. We are deliberately investing in a future market and want to grow purposefully with hydrogen and fuel cell technology.

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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

Green Car Congress

Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Our ultimate goal is to fight climate change and build a sustainable future. We are running out of time to limit global warming. million km as of 30 April 2022.

Hyundai 468