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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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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. million units in March 2020, down by 39% from March 2019. million units.

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

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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. Higher repair costs also weighed on the company’s overall fleet maintenance expenses.

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Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR | Autocar Professional

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Addressing the CEO Investor Day 2024 in Seoul, Korea on Friday, Ho-Sung Song, the president and CEO of Kia said, “We forecast sales of 1.1 In India where the market demand is also expected to grow, we will establish a sales system to sell 4 lakh units by showcasing new models that are scheduled to launch in 2025.”

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