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
Tag: Electric vehicles
Tesla slips, but still owns two-thirds of the US EV market
Tesla’s market shares slip in the US, but the automaker still owns two-thirds of the rapidly growing market. For years now, Tesla has dominated the electric auto market in its home country. It is expected that Tesla’s hold on the market will erode as more EV options hit and help grow the US market, but… Continue reading Tesla slips, but still owns two-thirds of the US EV market
Tesla Playbook: Renault to install network of ultra-fast chargers across Europe
While Tesla has been rolling out its global network of 30,000 fast chargers for years, Renault has announced its own plan to build a network of 200 EV ultra-fast-charging stations across Europe, kicking off first in its native France. Mobilize, Renault’s newly named e-mobility unit, is partnering with Renault and Mobilize dealerships to install the… Continue reading Tesla Playbook: Renault to install network of ultra-fast chargers across Europe
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
Lyft exec was wrong about driverless vehicles — but he still believes in their potential
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama / Getty Images DETROIT — In 2016, Lyft… Continue reading Lyft exec was wrong about driverless vehicles — but he still believes in their potential
GM is launching a new business to connect homes and businesses with EV chargers, energy storage
Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC General Motors on Tuesday said that it is forming a new business unit to offer stationary battery packs, solar panels, electric vehicle chargers and other energy-management products for homes and businesses. The new unit, called GM Energy, aims to… Continue reading GM is launching a new business to connect homes and businesses with EV chargers, energy storage
Auto giant Stellantis looks to Australian materials, including nickel, for its EVs
This image, from July 2021, shows a Citroen e-C4 electric vehicle on display at a showroom in Paris, France. Citroen is a brand of Stellantis, one of the world’s biggest automakers. Benjamin Girette | Bloomberg | Getty Images Stellantis is turning to Australia as it looks to procure the materials needed for its electric vehicle… Continue reading Auto giant Stellantis looks to Australian materials, including nickel, for its EVs
GM creates new energy business
General Motors Co. announced Tuesday it’s forming a new business called GM Energy for energy management products and services to expand growth opportunities beyond selling vehicles. Ultium Charge 360, introduced in April, will be part of GM Energy, and its portfolio of integrated public charging networks and mobile apps will expand. The company also introduced… Continue reading GM creates new energy business
GM to invest in Australian minerals company to secure nickel, cobalt supplies
General Motors Co. on Tuesday said it has secured a new source of nickel and cobalt for its Ultium battery cells through an investment of up to $69 million in an Australian minerals exploration company. The Detroit automaker announced it is investing in Queensland Pacific Metals for the development of the company’s proposed Townsville Energy… Continue reading GM to invest in Australian minerals company to secure nickel, cobalt supplies
Stellantis details ‘circular economy’ business unit to get most use from parts
A new division of the maker of Jeep SUVs and Ram pickup trucks has the mission of ensuring the vehicles and their parts last as long as possible as the industry battles parts constraints and fears of electric-vehicle battery shortages in the future. Stellantis NV’s “circular economy” business unit is one of seven pillars of… Continue reading Stellantis details ‘circular economy’ business unit to get most use from parts