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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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

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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

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of total California auto sales in 2021. The CEC updates its Zero Emission Vehicles (ZEV) sales figures quarterly by analyzing DMV data. Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard.

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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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Global sales of BMW Group electrified vehicles up 1.4% in January; BMW i3 the top seller

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Overall sales of BMW Group Electrified vehicles increased by 1.4% —Pieter Nota, Member of the Board of Management of BMW AG responsible for Sales and Brand BMW. —Pieter Nota, Member of the Board of Management of BMW AG responsible for Sales and Brand BMW. of MINI Countryman sales. Source: BMW. Source: BMW.

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Adamas Intelligence: Record EV lithium deployment in Q3 2022, consumption up 70% year-over-year

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In Q3 2022, more than 77,000 tonnes of lithium carbonate equivalent (LCE) were deployed onto roads in the cells of newly-sold passenger PHEVs and BEVs globally—70% more than was deployed the same period the year prior, according to data from Adamas Intelligence.

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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business. Both Hertz and Avis have lost about half of their market value this year.

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