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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 The innovation will be expanded to global plants in the future. Optimizing EV manufacturing capacity. New IMA architecture.

Hyundai 370
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Toray, LG Chem to establish battery separator film joint venture in Hungary

Green Car Congress

The new joint venture would use existing THU facilities to manufacture battery separator film for automotive lithium-ion batteries for sale to LG Group in Europe and the United States. Toray has agreed to sell 20% of its stake in LTHS to LG Chem two and a half years after launching the joint venture.

Hungary 186
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Rio Tinto and Giampaolo Group enter into Matalco aluminum recycling joint venture

Green Car Congress

Rio Tinto will be responsible for sales and marketing of Matalco products following a transition period after completion of the transaction. Rio Tinto is a global leader in aluminum, with a large-scale, vertically-integrated business: bauxite mines and alumina refineries as well as smelters producing aluminum certified as responsible.

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Volkswagen ID.4 to electrify Siemens AG fleet in Germany

Teslarati

4 is Volkswagen’s first all-electric compact SUV, produced and for sale in China, the United States, and Europe. But we also want to be a pioneer in our industry and send a clear signal for sustainable fleet management in line with our DEGREE framework,” explained Stefan Kurz, Head of Global Fleet Management at Siemens.

Germany 115
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Allison Transmission launches eGen Flex, new zero-emission-capable electric hybrid system

Green Car Congress

The inverter is now water ethylene glycol (WEG) cooled, which eliminates oil lines, decreasing installation complexity, reducing maintenance expense, and increasing uptime. eGen Flex and eGen Flex Max will be offered in CertPlus model configurations for sale in California Air Resources Board (CARB)-adopting states.

Hybrid 207
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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Advanced Battery Technology.

Honda 400
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Toyota develops packaged fuel cell system module for sale

Green Car Congress

The four module models can be combined according to the application, flexibly adapting to the output level and amount of installation space available. Modularization eliminates the need to create designs for individually installing FC system-related components and to connect individual components.

Toyota 414