CHATTANOOGA — Any day now, the first U.S.-made Volkswagen electric vehicle will roll out of a $4-billion-plus plant located on 1,400 acres just outside this small mid-southern city. VW’s American dealers have been selling ID4 electric SUVs for a year and a half, but they’ve been imported from Germany. Starting with the 2023 model year… Continue reading Drivers will love these new features on VW’s first US-made electric vehicle
Tag: Honda
Honda announces major EV and battery production investment in the US
Honda announced today a major investment in producing electric vehicles and batteries in the US. The company is the latest automaker to take that route in order to comply with requirements linked to the new EV tax credit. The goal is to turn Ohio into Honda’s “EV Hub.” It doesn’t sound like the investment changes… Continue reading Honda announces major EV and battery production investment in the US
Honda’s new $4.4 billion EV battery plant will be built in Ohio
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wright | Bloomberg | Getty Images Honda Motor and LG Energy Solution on Tuesday said a new multibillion-dollar plant to produce batteries for… Continue reading Honda’s new $4.4 billion EV battery plant will be built in Ohio
HITACHI CAR AMONG LEADERS IN 2022 INDYCAR SERIES
TOKYO, Oct. 11, 2022 /PRNewswire/ — Josef Newgarden drove his No. 2 Hitachi Team Penske Chevrolet to a second-place finish in the final race of the 2022 NTT INDYCAR SERIES season at the Firestone Grand Prix of Monterey at Laguna Seca in California last month. He charged from the 25th position in a 26-car field… Continue reading HITACHI CAR AMONG LEADERS IN 2022 INDYCAR SERIES
Honda to create $700M EV hub in Ohio
Honda said on Tuesday it is spending $700 million to retool three of its Ohio plants to build electric vehicles as it aims to phase out gas engines by 2040. Batteries for the electric vehicles from Honda and its Acura division will be supplied by a joint venture with LG Energy Solutions. The automaker confirmed… Continue reading Honda to create $700M EV hub in Ohio
@Honda: Honda and LG Energy Solution Announce Ohio as Home to Joint Venture EV Battery Plant
MARYSVILLE, Ohio, October 11, 2022 – Honda and LG Energy Solution (LGES; KRX: 373220) today announced that their new joint venture (JV) battery plant will be located in Fayette County, Ohio, about 40 miles southwest of Columbus, where the two companies will commit to investing $3.5 billion and creating 2,200 jobs, pending final government approvals.… Continue reading @Honda: Honda and LG Energy Solution Announce Ohio as Home to Joint Venture EV Battery Plant
Governor DeWine Announces Honda to Invest in Ohio for Electric Vehicle Production, Including New Battery Plant with LG Energy Solution
COLUMBUS, Ohio, Oct. 11, 2022 /PRNewswire/ — Ohio Governor Mike DeWine, Lt. Governor Jon Husted, and JobsOhio leaders announced today that Ohio will continue its historic dominance in the automotive manufacturing industry as Honda selected Ohio to lead its electric vehicle (EV) production and, with LG Energy Solution, a joint venture battery plant. During a… Continue reading Governor DeWine Announces Honda to Invest in Ohio for Electric Vehicle Production, Including New Battery Plant with LG Energy Solution
Honda Makes Major Investment in Ohio to Create New Electric Vehicle Hub
Includes $700 million investment in three Honda plants in Ohio to re-tool for EV production $3.5 billion committed by joint venture battery plant in Fayette County, Ohio, that will support production of battery modules for Honda and Acura vehicles MARYSVILLE, Ohio, Oct. 11, 2022 /PRNewswire/ — Honda today announced two major investments in Ohio, including… Continue reading Honda Makes Major Investment in Ohio to Create New Electric Vehicle Hub
Honda and LG Energy Solution Announce Ohio as Home to Joint Venture EV Battery Plant
New joint venture company to produce battery modules in Fayette County, Ohio EV batteries produced at JV plant to be provided to Honda plants for EV production MARYSVILLE, Ohio, Oct. 11, 2022 /PRNewswire/ — Honda and LG Energy Solution (LGES; KRX: 373220) today announced that their new joint venture (JV) battery plant will be located… Continue reading Honda and LG Energy Solution Announce Ohio as Home to Joint Venture EV Battery Plant
Light Commercial Vehicle Market Size to Record a CAGR of 1.5%, Rising Penetration of Downsized Engines in LCVs to Boost Market Growth – Technavio
NEW YORK, Oct. 11, 2022 /PRNewswire/ — The “Light Commercial Vehicle Market by Type (Conventional fuel vehicles and Alternative fuel vehicles) and Geography (North America, APAC, Europe, South America, and Middle East and Africa) – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. The potential growth difference for the light commercial vehicle… Continue reading Light Commercial Vehicle Market Size to Record a CAGR of 1.5%, Rising Penetration of Downsized Engines in LCVs to Boost Market Growth – Technavio