article thumbnail

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 Hyundai Motor aims to establish a high efficiency manufacturing process for BEV production to accelerate its transition into electrification.

Hyundai 370
article thumbnail

Volkswagen Group expands presence in Russia with agreements with GAZ

Green Car Congress

The main focus will be on the delivery and joint assembly of components as well as joint product concepts. Under the project, new assembly and body shops were built at GAZ, the paint shop was modernized, logistic and quality control systems were improved, and production of components for Volkswagen and ŠKODA vehicles was established.

Russia 186
article thumbnail

Volkswagen Group outselling GM in China

Green Car Congress

Reinforcing our customers’ trust in our products remains our top priority. —Fred Kappler, Head of Group Sales. The positive delivery performance in Poland and the Czech Republic in particular offset the slight decline in Russia (-2.5%). —Jürgen Stackmann, Volkswagen Brand Board Member for Sales.

China 150