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

Green Car Congress

million BEV units, Honda projects EVs will represent 36% of all its sales. Hyundai Motor Global Innovation Center in Singapore (HMGICS), the cornerstone for innovation in the company’s mobility value chain, will build a human-centered manufacturing innovation platform. The previously announced target was 560,000 units by 2025.

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Extinguishing the EV Battery Fire Hype

Cars That Think

For instance, a deadly building fire in Hanoi, Vietnam, in September reportedly became the subject of unsubstantiated rumors. In July, a Panamanian-flagged, Japanese-owned ship called the Fremantle Highway , which was ferrying 3,800 new cars across the Atlantic Ocean on its way to Singapore, caught fire.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

In addition, other countries in Southeast Asia, besides Thailand, are in the midst of similar changes as the world’s fifth largest economy with a consumer market of 660 million people, Thailand, Vietnam, Singapore, and Indonesia together sold only 13,000 new energy vehicles in the first half of 2022.

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Electric Car Watch #5: BYD's Blade Battery & World leader

Plug In India

In this week’s episode we will talk about the Chinese EV maker - BYD or Build Your Dreams. If so, then we should be focusing on building batteries that surpass Blade or even compare to it. BYD is also betting big in the UK, Singapore, Australia, and NZ. What is not to like about it? BYD can fill that space.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

And EV straggler Honda shed a bit more light on its upcoming EVs built on GM’s Ultium battery and powertrain platform. Honda of America sales chief Dave Gardner told reporters one of the electric SUVs will be from the Honda brand, while the other will be an Acura. Honda will offer more details later this year, he said.

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