(Adds details from the launch, comments) By Aditi Shah NEW DELHI, Oct 11 (Reuters) – Warren Buffet-backed Chinese electric carmaker BYD launched its first passenger car in India on Tuesday, an electric sport-utility vehicle (SUV), marking its entry into the mainstream market amid a broader global expansion. BYD, which already sells electric buses and electric… Continue reading UPDATE 1-BYD enters India’s passenger car market amid global push
Tag: Electric vehicles
BYD to launch first passenger EV in India amid global push
By Aditi Shah NEW DELHI, Oct 11 (Reuters) – Warren Buffet-backed Chinese electric carmaker BYD will launch its first passenger car in India on Tuesday, an electric sport-utility vehicle (SUV), marking its entry into the mainstream market amid a broader global expansion. BYD, which already sells electric buses and electric vehicles (EVs) for corporate fleets… Continue reading BYD to launch first passenger EV in India amid global push
EV Roundup: F’s September EV Sales Triple, NIO Expands in Europe & More
A host of factors such as pollution issues, technical superiority and stricter fuel-emission standards have turned the fortunes in favor of electric vehicles (EVs). The demand for electric cars is off the charts. Despite a global deficit in semiconductor supply and other supply chain issues, legacy auto giants like Ford F and General Motors GM… Continue reading EV Roundup: F’s September EV Sales Triple, NIO Expands in Europe & More
@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
German Handelsblatt: Volkswagen subsidiary: Electric focus and higher returns – Cupra should secure the future of Seat005398
Production of the Cupra Formentor in Martorell The VW Group has put the total costs for the conversion and expansion of electrical production in Spain at around ten billion euros. (Photo: Bloomberg) A new car brand is to become the most important pillar of the Volkswagen subsidiary Seat: “Cupra helps Seat to achieve significantly improved… Continue reading German Handelsblatt: Volkswagen subsidiary: Electric focus and higher returns – Cupra should secure the future of Seat005398
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
German Handelsblatt: Volkswagen subsidiary: Electric focus and higher returns – the Cupra should secure the future of Seat005396
Cupra production in Martorell The VW Group has put the total costs for the conversion and expansion of electrical production in Spain at around ten billion euros. (Photo: Bloomberg) A new car brand is to become the most important pillar of the Volkswagen subsidiary Seat: “Cupra helps Seat to achieve significantly improved returns,” said Seat… Continue reading German Handelsblatt: Volkswagen subsidiary: Electric focus and higher returns – the Cupra should secure the future of Seat005396
German Handelsblatt: Electromobility: Why so few company cars from Mercedes, BMW and Audi are electric005395
Electric cars from Audi German manufacturers are heavily dependent on the company car market. (Photo: AUDI AG) German company cars continue to run on diesel and petrol and hardly any electricity. Only every eighth company car was an electric car last year. That is significantly less than in the case of private registrations, where every… Continue reading German Handelsblatt: Electromobility: Why so few company cars from Mercedes, BMW and Audi are electric005395