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

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
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Mitsubishi Motors targeting 50% electrified sales by 2030, 100% by 2035

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This three-year plan, dubbed “Challenge 2025”, sets out MMC’s corporate direction in reinforcing the company’s environmental commitment toward a carbon-neutral future, laying the foundation for how MMC will work within the Renault-Nissan-Mitsubishi Alliance and other global alliances, and discussing future plans for various global markets.

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

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United States Steel Corporation and CarbonFree Chemicals Holdings, LLC (CarbonFree) recently signed a non-binding Memorandum of Understanding (MoU) jointly to pursue the capture of CO 2 emissions generated from US Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle technology.

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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

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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. Honda SUV e:prototype shown at Shanghai 2021.

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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

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BASF now has the worldwide distribution rights for RheoFalt smart additives to modify asphalt and bitumen manufactured by the Netherlands-based company Ventraco. We are pleased to have won BASF for sales and the joint further development of our RheoFalt product. —Jeroen Venema, Founder and managing director of Ventraco.

Global 397
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Volkswagen Passenger Cars lifts global deliveries of BEV vehicles by 197% and of electric vehicles overall by 158% in 2020

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Even though it was only introduced in the second half of the year, it ranked in the top of the sales charts in many countries almost right away. —Klaus Zellmer, the board member responsible for Sales of Volkswagen Passenger Cars. We really hit the bullseye with the ID.3.

2020 389