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

Green Car Congress

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. 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.

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Jeep introducing all-electric Avenger at Paris Motor show

Green Car Congress

The Jeep brand will showcase a 100% electrified presence at the 2022 Paris Motor Show (Mondial de L’Automobile 2022), with a stand fully dedicated to the introduction of the all-new fully electric Jeep Avenger, the brand’s first BEV. It will also be followed early next year by the launch of the 4xe version of the all-new Jeep Grand Cherokee.

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Toyota Motor Europe’s market share climbs to record 7.5% in first 9 months; Toyota brand 66% electrified sales, Lexus 79%

Green Car Congress

Toyota Motor Europe (TME) reported sales of 813,547 Toyota and Lexus vehicles, a decrease of -6% year-on-year but still outperforming the European automotive market which fell by -16% over the same period. TME’s market share increased to a record 7.5%, marking an increase of +0.8% points compared to the same period in 2021.

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Ducker survey of automakers suggests aluminum content surge in EV market; SUVs & pickups to constitute 85% of the BEV market by 2030

Green Car Congress

A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. SUVs and pickups will make up nearly 85% of the BEV market by 2030.

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Electric cars and SUVs help charge Tata Motors FY2024 performance | Autocar Professional

Baua Electric

Tata Motors is on a roll. This strong showing is the result of strong sales emanating from its domestic passenger and commercial vehicle businesses as well as record sales of luxury car and SUV maker JLR. FY2024 saw major facelifts for the Nexon, Nexon.ev, Harrier and Safari SUVs. market share.

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Mullen Automotive acquires controlling interest in EV truck maker Bollinger Motors

Green Car Congress

Mullen Automotive, an emerging EV manufacturer, is acquiring a controlling interest in EV truck maker Bollinger Motors. million in cash and stock for a 60% controlling interest, which gives Mullen the majority ownership of Bollinger Motors. Bollinger B1: Class 3 Sport Utility EV SUV. The purchase price is $148.2

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Volkswagen’s Scout Motor CEO teases details on upcoming electric vehicles 

Teslarati

Volkswagen’s Scout Motor CEO recently teased some details about the revived company’s upcoming electric vehicles (EVs). Scout Motor is expected to help Volkswagen break into the United States electric pickup truck market, but it doesn’t want to stop there. The company is also developing an all-electric SUV.

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