The chief executive of Korean automaker Hyundai Motor Co., Jose Munoz, said his company aims to increase the share of green vehicles sold in the United States to 50% by 2030.
The South Korean automaker is poised to increase the share of its green vehicles sold in the United States to 40-50% over the next eight years given its highly diverse portfolio and highly competitive products, Munoz said. during an interview with the Korean press.
Hyundai plans to launch “loniq” electric vehicles for US customers this year. These vehicles will be produced at the Hyundai plant in Alabama and the Kia plant in Georgia.
→ Read also: Hyundai Motor reports a 17% drop in sales amid shortage of chips
Referring to the market share of automobiles in the United States, the same official pointed out that sport utility vehicles (SUVs) constitute 65% of Hyundai’s sales, boosted by the increase in demand for this category of vehicles.
Demand for fully electric, plug-in hybrids and gasoline hybrids is also on the rise, which has allowed Hyundai to quickly catch up to its big rivals like BMW and Audi, he added. .
Low-emission and zero-emission models, meanwhile, account for about 10% of total sales in the United States, he said, believing their market share is expected to increase over time.
Though exposed to a shortage of semiconductor parts as well as major logistical challenges, the automaker aims to sell 4.32 million cars worldwide this year, up 11 percent from the previous year. last year.
With MAP