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

Hyundai 370
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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. Registrations fell in all 27 markets, but with varying severity.

Europe 261
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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

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Excluded from the agreement are Belgium, Luxembourg and The Netherlands, where Ventraco will continue to supply the products. The product improves the properties of weathered and hardened bitumen, rejuvenating old bitumen or reclaimed asphalt pavement (RAP). It opens up the opportunity to recycle up to 100% of raw materials.

Global 397
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Toyota and Suzuki to start discussing joint projects for technological development, vehicle production, and market development; India and Africa

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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)

Suzuki 199
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Volvo Trucks and Bucher collaborate to electrify sewer cleaner trucks

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Bucher Municipal is expecting that up to 80 sewer trucks, or 50% of their production of cleaning vehicles, will be zero exhaust emission trucks from Volvo by the end of 2023. Volvo Trucks goal is that electric models will account for half of its truck sales in 2030. Serial production will start in the autumn and gradually ramp up.

Cleaner 475
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Li-Metal successfully produces lithium metal directly from lithium carbonate at Ontario pilot plant

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Domestic lithium metal production capacity is essential for the development of a sustainable supply chain for next-generation batteries. Additionally, this milestone will allow the Company to secure its own supply of lithium metal for its anode production, in order to implement its vertically integrated business model. Li-Metal Corp.,

Carbon 396
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Anjie Wireless licenses WiTricity technology for China EV market

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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