Factbox: Major carmakers' electric vehicle investment and production goals

  • 10/26/2021
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Oct 26 (Reuters) - Car and truck makers from Volkswagen (VOWG_p.DE) to Nissan (7201.T) and Ford (F.N) have embraced the narrative that reducing carbon emissions in line with the Paris Agreement should be a main tenet of their business agenda. read more Below is a summary of key goals set by major automakers and brands for electric vehicle production - hybrids, battery electric vehicles, and fuel cell vehicles powered by hydrogen - listed in alphabetical order. BENTLEY (VOLKSWAGEN (VOWG_p.DE)) 2025 - produces first electric vehicle.2026 - 100% of global sales to be plug-in hybrid or all-electric. 2030 - 100% of global sales to be all-electric.BMW (BMWG.DE) 2030 - 50% of global sales to be all-electric. read more FORD MOTOR CO (F.N) 2024 - All vehicles produced in Europe to be electric. 2025 - To invest $30 bln in battery-electric cars by this year. 2030 - 40% of global volume, including 100% of European line-up to be all-electric. read more GENESIS (HYUNDAI MOTOR CO (005380.KS)) 2030 - 100% global sales to be all-electric. GM (GM.N) 2035 - 100% of global sales to be all-electric. read more HONDA (7267.T) 2022 - 100% of European line-up to be hybrid or all-electric. 2030 - 40% of sales in major markets to be all-electric. 2040 - 100% of sales in major markets to be all-electric. read more HYUNDAI MOTOR GROUP 2030 - 30% of global sales to be all-electric. 2040 - 80% of global sales to be all-electric. MERCEDES-BENZ (DAIGn.DE) 2030 - To be all-electric worldwide (if market allows), sees $40 bln investment in electric vehicles. read more NISSAN (7201.T) Early 2030s - New cars in key markets to be electric. read more STELLANTIS (STLA.MI) 2025 - Investing $35.5 bln in EVs, 70% of European sales and 35% of U.S. sales to be hybrid or all-electric. TOYOTA (7203.T) 2030 - 70% of U.S. sales to be hybrid or all-electric. Global sales of approximately 8 million electrified vehicles, of which 2 million will be battery-electric or fuel cell. VOLKSWAGEN (BRAND) 2030 - 70% of European sales to be all-electric, 50% in the U.S. and China. read more 2035 - 100% of European sales to be all-electric or hybrid. read more VOLVO (GEELY.UL) 2050 - 50% global sales to be hybrid, 50% battery electric 2030 - 100% of global sales to be all-electric. read more

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