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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

Hyundai aims for 10% rise in global sales as it shifts to electric cars

Newly manufactured vehicles roll off the production line at Hyundai Motor Manufacturing Czech plant in Nosovice, Czech Republic
Hyundai said it aimed to sell 4.3m vehicles globally in 2023. Photograph: Martin Divíšek/EPA

The carmaker behind Hyundai and Kia has said it aims to increase global sales by 10% this year, as the company accelerates its transition to electric vehicles.

Hyundai Motor Company’s new forecasts come despite it having failed to reach its sales targets for 2022 because of supply chain disruptions that resulted in a shortage of semiconductor chips and other vital car parts.

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