Volkswagen sinks another $200 million into solid-state battery company QuantumScape

Volkswagen said Tuesday it has invested another $200 million into QuantumScape, a Stanford University spinout developing solid-state batteries as the automaker bets on a next-generation technology that will unlock longer ranges and faster charging times in electric vehicles. Volkswagen’s relationship with QuantumScape, which had early backing from Kleiner Perkins and Khosla Ventures, actually stretches back to… Continue reading Volkswagen sinks another $200 million into solid-state battery company QuantumScape

2021 Nissan Rogue makes room for car seats, adds clever navigation

CLOSE A new version of Nissan’s best-selling Rogue compact SUV goes on sale this fall with advanced new driver assistance features including adaptive cruise control that can slow the vehicle in anticipation of oncoming curves and exit ramps. As it enters its third generation, the 2021 Rogue gets a bit shorter and adopts boxy new… Continue reading 2021 Nissan Rogue makes room for car seats, adds clever navigation

Explosion at Honda Motor plant in central Japan injures 2

TSU, Japan (Kyodo) –An explosion at a Honda Motor plant in Mie Prefecture, central Japan, seriously injured two men on Sunday, police said. The blast occurred at around 9:15 a.m. near an electrical power distribution board at the Japanese automaker’s Suzuka factory in Suzuka city, the police said. The two men, who were nearby, sustained… Continue reading Explosion at Honda Motor plant in central Japan injures 2

Explosion hits Honda’s plant in central Japan, 2 workers hospitalized

TOKYO (Reuters) – An explosion was reported at Honda Motor Co Ltd’s plant in central Japan, police said on Sunday, with two workers sent to the hospital with burns. The explosion at a switchboard occured at around 9:15 am lcoal time (0015 GMT) in Honda’s plant in Suzuka city, Mie prefecture, an officer with the… Continue reading Explosion hits Honda’s plant in central Japan, 2 workers hospitalized

UPDATE 1-Honda resumes production at plants hit by suspected cyber attack

FILE PHOTO: The Honda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy TOKYO (Reuters) – Japan’s Honda Motor Co has resumed production at automobile and motorcycle plants in the United States and other countries after they were hit by a suspected cyber attack this week,… Continue reading UPDATE 1-Honda resumes production at plants hit by suspected cyber attack

Auto industry recovery from COVID-19 could take years, signaling slow climb back

Global vehicle sales could fall year-over-year by more than 20% in 2020, according to a new study, and not return to pre-COVID-19 levels until 2023 — another gloomy sign that contributed to the Dow Jones Industrial Average plunging nearly 1,900 points Thursday to its lowest since March. The Dow fell 6.9%, the S&P 500 dropped 5.9% and the tech-heavy Nasdaq… Continue reading Auto industry recovery from COVID-19 could take years, signaling slow climb back

GM’s electric push risks market-share loss for top moneymakers

David Welch, Bloomberg Published 1:04 p.m. ET June 11, 2020 | Updated 1:06 p.m. ET June 11, 2020 General Motors Co.’s ambitious push into electric vehicles could pose a near-term risk as the automaker spends less to replace its more profitable gas-powered vehicles, according to an annual study published by Bank of America Global Research.… Continue reading GM’s electric push risks market-share loss for top moneymakers

@Honda: Honda Establishes Hynex Mobility Service, a New Joint Venture Company, to Accelerate Advancements Toward Next-generation Connected Services Business in China

June 10, 2020 – Honda Motor (China) Investment Co., Ltd., a wholly-owned Honda subsidiary in China, today announced the establishment of Hynex Mobility Service Co., Ltd. (Hynex Mobility Service), a new joint venture company with Neusoft Reach Automotive Technology (Shanghai) Co., Ltd. (Neusoft Reach). Hynex Mobility Service will strive to advance connected services and offer… Continue reading @Honda: Honda Establishes Hynex Mobility Service, a New Joint Venture Company, to Accelerate Advancements Toward Next-generation Connected Services Business in China