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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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2025 Skoda Octavia fourth generation enters production globally. Check details

Baua Electric

By: HT Auto Desk | Updated on: 11 Apr 2024, 12:28 PM Skoda has started production of the fourth-generation Octavia in Mladá Boleslav, showcasing the brand's commitment to excellence and innovation. Škoda Auto plans to transition Octavia production to the Kvasiny plant in the second half of the year.

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Ford Pro and Deutsche Post DHL Group collaborate on electrification of last-mile delivery; > 2,000 electric vans by end of 2023

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The inked agreement covers a full suite of solutions to operate the electric fleet including access to Ford Pro’s connected E-Telematics software and charging solutions in order to reduce costs and optimize efficiency as a part of the two organizations’ common zero emission goals.

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Teijin to establish Teijin Automotive Center Europe to expand capabilities for next-gen automotive components

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Later, TACE will develop marketing and research functions to explore opportunities for new technologies and M&A, aiming to accelerate joint development with European automakers and respond to demands for greater design freedom, productivity and cost efficiency as well as weight reduction and strength. billion (US$2 billion) by 2030.

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Bosch to begin developing electrolyzer components; €500M investment by end of decade

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Bosch forecasts that the global market for electrolyzer components will increase to a volume of around €14 billion over the same period, with Europe set to see the highest rates of growth. As in the fuel cell, the key component of an electrolyzer is a stack, which comprises several hundred individual cells connected in series.

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Chart to provide fuel system for LNG-Hybrid barge delivering shore power in Hamburg

Green Car Congress

Chart’s on-board LNG system comprises two 40-ft LNG ISO intermodal containers and a skid mounted Gas Processing Unit (GPU), along with connecting equipment, controls, safety appliances and associated piping. All engineering, major capital equipment and assembly will be performed by Chart’s operations in Decin, Czech Republic.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

The key parts of the company’s strategy include introducing a next-generation modular architecture for EVs, strengthening EV production capacity, battery development capabilities and future businesses. Production. The proportion of global EV production is set to increase from 8% this year to 34% in 2030. New EV platform.

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