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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.

Hyundai 370
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Chart to provide fuel system for LNG-Hybrid barge delivering shore power in Hamburg

Green Car Congress

The LNG-Hybrid Barge uses LNG to generate electricity from combined heat and power units and generators; electricity thus generated will be fed into the cruise ship’s power supply as needed. LNG will be supplied in modular form using ISO containers swapped on a full-for-empty basis to eliminate the need for a dedicated bunkering station.

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

Green Car Congress

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

Green Car Congress

President and CEO Jaehoon Chang explained how the company’s second-generation dedicated EV platform, under the new Integrated Modular Architecture (IMA), will replace its Electric-Global Modular Platform (E-GMP) going forward. The proportion of global EV production is set to increase from 8% this year to 34% in 2030.

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Lumax and Italian ally gear up for new vehicle emission dynamics – ET Auto

Baua Electric

However, this was not the first time that LCAT had seen its products going global. Going forward, if India can make out a strong case for low- cost manufacturing, more work can be diverted here for global supplies of air filters and air intake systems. The Toyota sign-up for exports was a big step forward,” said the CEO.

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This Community-Run Internet is Bridging the Digital Divide

Cars That Think

billion people around the world who don’t have meaningful access to it, according to a Brookings Institution report, “Bridging the Global Digital Divide.” Last year the IEEE Future Networks initiative ran the inaugural IEEE Connecting the Unconnected Challenge to seek out innovative projects and ideas aimed at increasing connectivity.