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South Korea’s Hyundai Motor Plans to Invest $16 Billion in EV Push

06:08pm, Wednesday, 02'nd Mar 2022 The Epoch Times
SEOUL—South Korea’s Hyundai Motor Co. said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together with affiliate Kia Corp. is among the world’s top 10 biggest automakers by sales, targets to achieve a […]
Hyundai Motor Company today unveiled a roadmap to accelerate …

Hyundai targets 1.87m annual BEV sales by 2030

03:41pm, Wednesday, 02'nd Mar 2022 Just Auto
Hyundai Motor CEO Jaehoon Chang has unveiled the company’s electrification roadmap and strategies at the 2022 CEO Investor Day forum. The post Hyundai targets 1.87m annual BEV sales by 2030 appeared first on Just Auto .

S Korea''s Hyundai Motor plans to invest $16b in EV push

02:36pm, Wednesday, 02'nd Mar 2022 DealStreetAsia
Hyundai said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030.
Achieving the new goal will give the automaker about seven per cent of the global EV market, Hyundai said.

Hyundai announces $16B investment in EVs by 2030

11:24am, Wednesday, 02'nd Mar 2022 Breaking the News 24/7
Hyundai Motor Company announced on Wednesday that it would be investing $16.1 billion in developing electric vehicles by the end of the decade. The company plans to "expand EV production capability, b…
[Economy] : Hyundai Motor will aim to sell one-point-87 million electric vehicles(EV) a year by 2030 to grab a share of seven percent in the global EV market. Announcing the new sales target on Wednesday, the Korean automaker said it would strengthen its EV lineup to produce more than 17 types of EVs, including … [more...]

Hyundai, Kia''s U.S. sales rise 6.4 pct in Feb.

10:01am, Wednesday, 02'nd Mar 2022 Yonhap News
SEOUL, March 2 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Corp. said Wednesday their combined sales in the United States rose 6.4 percent in February from a year earlier despite the prolonged pandemic and chip shortages. The corporate duo so

South Korea''s Hyundai Motor plans to invest $16 bn in EV push

09:21am, Wednesday, 02'nd Mar 2022 Business Standard
The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030

Hyundai Motor plans to invest $79.2 bn through 2030

07:01am, Wednesday, 02'nd Mar 2022 Economic Times India
In late 2020, Hyundai Motor, which together with affiliate Kia Corp is among the world''s top 10 biggest automakers by sales, said it would target a share of 8% to 10% of the global EV market by 2040.
Hyundai Motor CEO Jaehoon Chang unveiled the company''s electrification roadmap and strategies at the 2022 CEO Investor Day forum today Hyundai targets to sell 1.87 million BEVs annually by 2030 by strengthening line-up ⋯ To introduce 17 new BEV models by 2030; 11 for Hyundai models and…

Hyundai''s Feb. sales rise 1.4% despite chip shortage

06:56am, Wednesday, 02'nd Mar 2022 KoreaHerald
Hyundai Motor Co., South Korea''s biggest carmaker, said Wednesday its sales rose 1.4 percent last month from a year
South Korea''s Hyundai Motor plans to invest $79.2 billion through 2030
SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to invest about 95.5 trillion won ($79.21 billion) through 2030, the company said on Wednesday, including a figure of about 19.4 trillion won for electrification.
South Korea's Hyundai Motor Co plans to invest about 95.5 trillion won ($79.21 billion) through 2030, the company said on Wednesday, including about 19.4 trillion won towards electric vehicles (EV).
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