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

Green Car Congress

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

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Lucid (LCID) is ramping up its global expansion in Europe and other markets this year

Electrek

After launching its first electric SUV, the Gravity, the company plans to double production this year. According to Lucids interim CEO, Marc Winterhoff, the EV maker will enter new global markets this year, including parts of Europe and the Middle East. Lucid (LCID) is gearing up for big growth this year.

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Subaru’s first global all-electric vehicle SOLTERRA makes world debut

Green Car Congress

Subaru jointly developed the e-Subaru Global Platform together with Toyota Motor Corporation as a BEV-dedicated platform. The Japanese market SOLTERRA will come in FWD (150 kW AC synchronous electric motor) and AWD (2 x 80 kW motors, front and rear) versions. US market specifications will be revealed in LA.

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Mitsubishi introducing PHEV version of redesigned Eclipse Cross; 2nd MMC PHEV on market

Green Car Congress

The new Eclipse Cross will offer a plug-in hybrid drivetrain (PHEV) in select global markets. The Eclipse Cross will be the second Mitsubishi PHEV on the market. Launched globally in 2017, the Eclipse Cross is the company’s crossover SUV, which fuses a coupe-like style with SUV capabilities.

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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

Green Car Congress

Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. Overall, global fuel economy has improved by an average of 1.7% in the past two years.

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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase. Production for the US market will start in Chattanooga in the fall. 4 in Emden. Chattanooga (ID.4)

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Honda reveals styling of new Prologue battery-electric SUV; new CR-V hybrid to be gateway vehicle

Green Car Congress

Honda has provided the first look at the exterior and interior styling of the all-new Honda Prologue battery-electric SUV that will come to market in North America in 2024. Prologue’s generous dimensions and roomy interior position the SUV alongside the Passport in Honda’s light truck lineup. inch audio/connectivity display.

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