Remove Building Remove Global Remove Market Remove Motor
article thumbnail

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. Under the new plan, the company aims to boost annual global BEV sales to 1.87 Presentation of Jaehoon Chang, President and CEO of Hyundai Motor Company. New IMA architecture.

Hyundai 370
article thumbnail

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. At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project. Our ultimate goal is to fight climate change and build a sustainable future.

Hyundai 468
article thumbnail

Jing-Jin Electric and Allison Transmission partner to accelerate development of commercial vehicle electrified powertrain solutions for global markets

Green Car Congress

Allison brings more than 100 years of experience in building reliable and valued propulsion solutions, including two decades of electrified propulsion systems development and commercialization. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

article thumbnail

Nikkei: Nidec to build $715M e-axle plant in Mexico

Green Car Congress

The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company plans to be capable of building an annual 7 million e-axles by March 2026. Competition for e-axle market share is intensifying, the Nikkei report noted.

Mexico 259
article thumbnail

Hyundai Motor and Unity partner to build meta-factory accelerating intelligent manufacturing innovation; digital twin

Green Car Congress

Hyundai Motor Company and Unity, a platform for creating and operating real-time 3D (RT3D) content, announced a partnership to design and build jointly a new “metaverse roadmap” and platform for Meta-Factory. The MOU pertains to the fields of smart manufacturing, AI training and study as well as autonomous driving simulation.

Hyundai 221
article thumbnail

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. As a result, all the Jeep vehicles on sale in the region will be 100% electric by 2030.

Jeep 415
article thumbnail

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 As a result, Volkswagen is creating the conditions in 2022 for building 1.2 As a result, Volkswagen is creating the conditions in 2022 for building 1.2 Following its market launch in early 2021, the ID.4

Global 435