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

Green Car Congress

The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87 million BEV units, Honda projects EVs will represent 36% of all its sales. This year, Hyundai begin sales of IONIQ 6, followed by IONIQ 7 in 2024.

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PSA Peugeot Citroën to supply Toyota Europe with light commercial vehicles for the European market

Green Car Congress

signed an agreement under which PSA will supply light commercial vehicles to TME for. sale under the Toyota brand in the European market. already make compact passenger vehicles for the European market under a joint-venture. in the Czech Republic. Toyota Motor Corporation’s (TMC’s) European. Toyota and PSA.

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Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

TDI engines for GAZ light commercial vehicles, opening up new business opportunities in international markets. GAZ personnel were trained at Volkswagen and ŠKODA plants in Germany and the Czech Republic, and a new training center was opened at GAZ. The total truck market volume amounted to roughly 12,500 units.

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