article thumbnail

Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

Green Car Congress

The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. Available in hybrid and plug-in hybrid versions, the new Toyota C-HR will also be the first plug-in hybrid passenger car to be produced in Turkey. market share.

Turkey 459
article thumbnail

Toyota launches flexible engine line at Kentucky plant, boosts hybrid vehicle capabilities

Green Car Congress

This advancement reflects a core goal of the Georgetown facility’s transformation to increase flexibility to align with a shifting market. engines for hybrid Toyota and Lexus products, with the ability to increase hybrid volume as needed to meet customer demand. The new line will supply 2.4L turbo and 2.5L

Kentucky 344
article thumbnail

IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027

Green Car Congress

In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. The European car market is expected to see a significant drop in sales for 2020 due to COVID-19 related shutdowns.

Market 243
article thumbnail

Toyota starts production of 5th-generation hybrid powertrain in Europe for new Corolla

Green Car Congress

Toyota Motor Europe (TME) has started production of its 5 th -generation hybrid powertrains for the new Corolla. 5th generation hybrid transmission 1.8L. TMMP produces hybrid electric transmissions including the MG1 and MG2 motors, integral electrical components of hybrid transmission. liter version. liter version.

Toyota 397
article thumbnail

Renault and Geely sign MOU on joint cooperation in China and South Korean Markets focused on hybrids

Green Car Congress

Renault Group and Geely Holding Group, China’s largest privately-owned automotive group, announced an MoU framework agreement to create a cooperation focused on China and South Korea as initial key core markets. The focus will be on hybrid vehicles in the fast-growing Asian markets.

article thumbnail

Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the US. Hyundai Mobis will assemble battery packs using cells from the plant, then supply them to the Hyundai Group’s US manufacturing facilities for production of Hyundai, Kia and Genesis EV models. billion (KRW 5.7

Hyundai 304
article thumbnail

Major companies with large fleets release new EV roadmap for car & truck manufacturers

Green Car Congress

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. million on-road vehicles in the United States. LDV ZEV Preferences by Vehicle Type.

Fleet 476