Tag: Honda

Honda, GS Yuasa to build Japanese battery factory in $3bn push

TOKYO — Honda Motor and Japanese battery maker GS Yuasa will invest over 400 billion yen ($2.99 billion) to develop and mass-produce cells for electric vehicles and homes in Japan through a joint venture to be set up this year, Nikkei has learned. As a first step, the companies will construct a domestic lithium-ion battery factory with… Continue reading Honda, GS Yuasa to build Japanese battery factory in $3bn push

Honda and the Honda USA Foundation Award more than $2.7 Million to Advance Environmental Sustainability and Conservation Activities

Honda commits $625,000 in funding to The Nature Conservancy Honda and the Honda USA Foundation award more than $2 million in grants to 67 additional organizations to support environmental education and conservation initiatives across the U.S. TORRANCE, Calif., April 27, 2023 /PRNewswire/ — Honda and the Honda USA Foundation today announced more than $2.7 million… Continue reading Honda and the Honda USA Foundation Award more than $2.7 Million to Advance Environmental Sustainability and Conservation Activities

@VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007082

The Race  In glorious sunshine and set against the stunning backdrop of the Pacific coast, the IMSA series treated fans to an extremely entertaining show on the narrow street circuit in Long Bach. Hollywood, barely 50 kilometres away, could hardly have staged it better. The two Porsche 963 fielded by Porsche Penske Motorsport had started… Continue reading @VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007082

KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years

KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years KPIT Technologies, a software-driven solutions provider for car and truck manufacturers, reported revenue of US$418 million (Rs 3447.246 crore) during FY23, a 27.4% increase from the previous year. The company expects revenue growth to be between… Continue reading KPIT Technologies expects to grow by 27–30% in FY24 on back of robust business visibility for next 3-5 years

Kia and Honda raise EV production targets as the market heats up

Two legacy automakers, Kia and Honda, both revealed new electric vehicle targets as the market for zero-emission EVs continues growing at a record pace globally. According to recent data, electric vehicle sales grew by 60% last year, with one in every passenger car bought being an EV. Although around 14% of total auto sales may… Continue reading Kia and Honda raise EV production targets as the market heats up

Honda Motor taps TSMC to ensure ‘stable’ supply of chips

TOKYO — Honda Motor will collaborate with Taiwan Semiconductor Manufacturing Co. to ensure a “stable” supply of chips, the automaker announced on Wednesday, as it unveiled its latest strategy for the electric vehicle market. The agreement with the world’s largest chipmaker follows a difficult period for Japanese automakers in which production plans were hit by… Continue reading Honda Motor taps TSMC to ensure ‘stable’ supply of chips

Electric Vehicle (EV) Charging Infrastructure Market to Reach $121.09 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, April 24, 2023 /PRNewswire/ — The global electric vehicle charging infrastructure market size is expected to reach USD 121.09 billion by 2030, expanding at a CAGR of 25.5% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The growth of the EVCI market can be attributed to the… Continue reading Electric Vehicle (EV) Charging Infrastructure Market to Reach $121.09 Billion by 2030: Grand View Research, Inc.