IAA Munich 2021: Hyundai announces carbon neutral target to be achieved globally by 2045

By 2030, Hyundai aims to secure 30 percent of its global vehicle sales with ZEVs, and by 2040, the company expects battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs) to account for its total fleet sales. 80 percent will be there.

Hyundai Motor Company today announced its commitment to become carbon neutral by 2045. Hyundai’s integrated strategy to achieve carbon neutrality rests on the following three pillars: clean mobility, next generation platforms and green energy. Jaehoon (Jay) Chang, President and CEO of Hyundai Motor Company, said, “Under our company’s vision, Progress for Humanity, Hyundai Motor is determined to do the right thing for the world. Climate change is an undeniable challenge that needs to be faced by everyone. There is an urgent and urgent need for attention. Hyundai Motor is committed to becoming carbon neutral in its global products and operations by 2045, and we will invest in clean transportation and green energy solutions to achieve a better and more sustainable future for all “

At this year’s IAA, Hyundai Motor is committed to reducing its carbon emissions by 75 percent by 2040 from 2019 levels. Hyundai will achieve carbon neutrality in its products and global operations by 2045. Hyundai Motor’s integrated, multi-pronged strategy for carbon neutrality includes three pillars: expanding its clean mobility lineup, developing next-generation platforms, and investing in green energy solutions and technologies.

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Hyundai Motor is committed to gradually increase the sales share of Zero Emission Vehicles (ZEV) in the coming years. By 2030, Hyundai aims to secure 30 percent of its global vehicle sales with ZEVs, and by 2040, the company expects battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs) to account for its total fleet sales. 80 percent will be there.

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The Nexo fuel cell car will also accelerate the company’s move towards achieving carbon neutrality

Region-wise, Hyundai Motor plans to offer the ZEV only in Europe, starting in 2035. By 2040, Hyundai will phase out all vehicles using fossil fuels in key markets, supporting the transition to clean mobility.

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Hyundai Motor has made pioneering investments in the next generation transportation platforms space. This includes an innovative set of mobility options to move from point A to B, such as UAM and autonomous vehicles, providing greater freedom of mobility without a carbon footprint.

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