South Korean automaker Hyundai has big plans for this year. According to the statement of the Chief Financial Officer of Hyundai Europe Haesung Park, the company intends to double the sales of electric cars in Europe in 2025.
“We will do everything we can to meet the emissions targets,” he said. “To do this, we want to double the sales of electric cars this year,” Park added.
Starting this year, the European Union intends to tighten CO2 regulations, which many manufacturers oppose because non-compliance with these measures can mean large fines that can go up to a billion euros or more. This will force them to increase sales of electric vehicles to avoid potential penalties, which will be very difficult due to cheap Chinese cars.
In 2024, Hyundai sold 68,279 EVs in Europe, which is 15% less than the year before. The best-selling models were the Hyundai Kona (36,526 units), Ioniq 5 (22,830 units) and Ioniq 6 (8,731 units).
Source: Automotive News Europe