article thumbnail

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

Green Car Congress

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. billion)on technology development, such as connectivity and autonomous driving, KRW 4.8 Under the new plan, the company aims to boost annual global BEV sales to 1.87

Hyundai 370
article thumbnail

Ford Pro and Deutsche Post DHL Group collaborate on electrification of last-mile delivery; > 2,000 electric vans by end of 2023

Green Car Congress

The inked agreement covers a full suite of solutions to operate the electric fleet including access to Ford Pro’s connected E-Telematics software and charging solutions in order to reduce costs and optimize efficiency as a part of the two organizations’ common zero emission goals.

article thumbnail

Teijin to establish Teijin Automotive Center Europe to expand capabilities for next-gen automotive components

Green Car Congress

The company will handle concept, designing, prototyping, evaluations, marketing and technical research for next-generation automotive components, utilizing the Teijin Group’s capabilities to provide multi-material solutions for next-generation vehicles. Teijin is targeting automotive composite business sales of approximately €1.7

article thumbnail

BMW updates BMW Connected with expanded services, device support and availability

Green Car Congress

The personal mobility companion BMW Connected already comprises many functions designed to help users with their daily mobility needs. Using the Open Mobility Cloud as a basis, it connects touchpoints such as smartphones and smartwatches with users’ cars, thus weaving the car into their digital lives.

BMW 150
article thumbnail

Teijin joins AZL Partner Network for Lightweight Production Technology

Green Car Congress

Amid the ongoing shift toward connected, autonomous, shared, and electric (CASE) automobiles, automotive companies are transforming their business models to realize more lightweight and multifunctional next-generation vehicles. of Czech Republic. A component concept will be elaborated in detail. © AZL Aachen GmbH.

article thumbnail

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.

article thumbnail

Volkswagen Group to add 15 more plants to Industrial Cloud this year

Green Car Congress

These include the plants at Brunswick, Emden, Hanover, Ingolstadt, Kassel, Leipzig, Neckarsulm, Salzgitter, Zuffenhausen and Zwickau (all in Germany), Martorell (Spain), Palmela (Portugal), Györ (Hungary), and Mladá Boleslav and Vrchlabi (Czech Republic). Each machine, equipment item and system will be connected manually.