Hyundai Motor Group raised its global electric vehicle (EV) sales target for 2026 to 1.7 million units from 1 million units, its chief executive has said, underscoring the automaker’s push to meet the growing EV demand.
Hyundai Motor CEO Chang Jae-hoon made the remark in an interview with the US-based Automotive News published on Tuesday, saying that the company will double the EV lineup to at least 13 models by 2026.
“That’s very ambitious. Next year, we expect to sell about 220,000 EVs around the world for Hyundai and Genesis, which is about a 56 percent increase over what we expect this year,” Chang said.
