By fiscal year 2030, it wants 40% of its U.S. Nissan wants EVs to make up at least 75% of its sales in Europe, 55% in Japan, and 40% in China by fiscal year 2026. The company just rolled out its first EV and it has plans to launch three new EVs by 2025. Mazda pledged that 25% of its vehicles will be electrified in 2030, while the rest of its offerings will be hybrids.

Meanwhile, Kia - which is owned by Hyundai - wants to boost annual sales of battery EVs to 1.2 million by the end of the decade. That would equal 7% of the global market. Hyundai plans to sell 1.9 million battery EVs annually by 2030, and will introduce 17 new EV models by then. Honda is working on three new EV platforms for its models, one of which is in partnership with GM. The company wants to offer 30 EV models by 2030, and crank out more than 2 million EVs a year.

Honda aims to make its entire lineup zero-emissions in major markets by 2040. General Motors committed to selling only zero-emission cars and trucks by 2035. By 2024, it hopes to manufacture 270,000 Mach Es a year for North America, Europe, and China produce 150,000 Lightnings in North America and 150,000 electric Transit vans for North America and Europe and sell 30,000 units of a yet-to-be-made electric SUV in Europe. By the end of 2023, Ford wants to produce 600,000 EVs a year. Like BMW, the company has also set interim goals. The German automaker set an interim target of selling 2 million EVs by 2025.įord is planning for half of all vehicles it sells to be electric by 2030. BMW wants 50% of global sales to be electric before 2030.

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