Hyundai Motor aims to triple EV sales by 2025 koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.
Hyundai, however, did not provide on its earnings call any update on recently reported talks between it and Apple Inc about an electric car and battery tie-up.
On sales, the automaker said it expects a 12% jump in its biggest market, North America, in 2021. Its sales in the fourth quarter ended December slipped 2% in the region.
“With our lineup with new models ready to launch in the United States, we aim to increase our market share to 4.8% this year,” Senior Vice President Koo Za-yong said on the call.
Last year, the company managed to slightly advance its U.S. market share to 4.4%, helped by sales of the Palisade SUV and Kona EV, he said, despite a 10% fall in sales.
Hyundai announces most profitable quarter since 2017 autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.