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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 trillion (US$79 billion) of investment for future businesses by 2030, including KRW 19.4 The innovation will be expanded to global plants in the future.

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Porsche and Boeing to partner on premium urban air mobility market; electric VTOL concept

Green Car Congress

Porsche and Boeing signed a Memorandum of Understanding to explore the premium urban air mobility market and the extension of urban traffic into airspace. With this partnership, both companies will leverage their respective market strengths and insights to study the future of premium urban air mobility vehicles.

Porsche 265
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Tesla Cybertruck resale market loses all momentum

Baua Electric

Tesla Cybertrucks were getting more than twice their value on the resale market just a few weeks ago, but the electric pickup truck has now lost all its momentum in terms of resale value. The automaker has taken actions to try to limit the Cybertruck resale market. FTC: We use income earning auto affiliate links.

Market 52
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Anjie Wireless licenses WiTricity technology for China EV market

Green Car Congress

Under the terms of the agreement, Anjie Wireless will license WiTricity’s patented magnetic resonance technology and industry-leading designs to develop and commercialize highly efficient wireless electric vehicle (EV) charging systems for sale to leading carmaker brands in the China market.

China 249
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US Steel and CarbonFree sign MoU to capture CO2 at Gary Works

Green Car Congress

The parties may also consider collaborating on more carbon capture, utilization and storage projects in the future. The technology produces PCC for sale into the global specialty chemicals market, and calcium carbonate for the sequestration of CO 2.

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Toyota and Suzuki to start discussing joint projects for technological development, vehicle production, and market development; India and Africa

Green Car Congress

Toyota Motor Corporation and Suzuki Motor Corporation (Suzuki) agreed to start discussing new joint projects in the fields of technological development, vehicle production, and market development. TKM) to produce models developed by Suzuki for sale in India through each of the Toyota and Suzuki brand network. (TKM)

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity. million units. Some models performed better than others.

Europe 261