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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

sale under the Toyota brand in the European market. in the Czech Republic. Toyota Motor Corporation’s (TMC’s) European. subsidiary Toyota Motor Europe NV/SA (TME) and PSA Peugeot Citroën (PSA) have. signed an agreement under which PSA will supply light commercial vehicles to TME for. There are no plans. Toyota and PSA.

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Volkswagen Group expands presence in Russia with agreements with GAZ

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GAZ personnel were trained at Volkswagen and ŠKODA plants in Germany and the Czech Republic, and a new training center was opened at GAZ. There is to be an additional, second step in the cooperation between the parties with a view to developing the model range and growing product sales volumes. Supply of Volkswagen 2.0

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Volkswagen Group outselling GM in China

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The Volkswagen Group is having a very strong sales year so far in China. For the first nine months of 2016, retail sales by GM and its joint ventures in China increased 9% on an annual basis to a record 2,718,315 units. —Fred Kappler, Head of Group Sales. of total group sales. to 2,853,900 from the year before.

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