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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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Extinguishing the EV Battery Fire Hype

Cars That Think

In July, a Panamanian-flagged, Japanese-owned ship called the Fremantle Highway , which was ferrying 3,800 new cars across the Atlantic Ocean on its way to Singapore, caught fire. The Hanoi fire took place two months after another fire was wrongly blamed on EVs. 498 of the vehicles in its holds were electric cars.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 With the current sales figures and the seductive future expectations, Southeast Asia has successfully attracted the attention of Chinese car companies. What is the mystery behind it?.

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Electric Car Watch #5: BYD's Blade Battery & World leader

Plug In India

We talk about their game changing blade battery and their incredible sales of electric cars. No wonder sales of BYD EV’s are more than sales of BYD ICE cars. BYD: Global leader in Electric Cars All of this focus on RnD and cost reduction has resulted in BYD breaking record sales in 2021. BYD can fill that space.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

And EV straggler Honda shed a bit more light on its upcoming EVs built on GM’s Ultium battery and powertrain platform. Honda of America sales chief Dave Gardner told reporters one of the electric SUVs will be from the Honda brand, while the other will be an Acura. Dave Gardener, Sales Chief – Honda of America.

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