General Motors takes on Tesla with new energy division The car maker is now selling electric vehicle chargers, solar panels and other energy products to EV owners and utilities ‘Our competition in this space … is really only Tesla, which is a strong energy management company,’ said GM executive Travis Hester. Photograph: Rebecca Cook/Reuters ‘Our… Continue reading General Motors takes on Tesla with new energy division
Tag: Electric vehicles
What is Scott Painter’s Plan for 23k Electric Vehicles?
Painter says that 80% of Autonomy’s present customers are primarily plugging into 110v outlets at home for Level 1 charging and only traveling an average of 25 miles a day. Photo: Autonomy Scott Painter is all in on electric. If car manufacturers are switching to electric, and California and New York are legislating electric futures,… Continue reading What is Scott Painter’s Plan for 23k Electric Vehicles?
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
SK Announces New Funding Into Electrofuels Innovator Infinium
SEOUL, South Korea, Oct. 11, 2022 /PRNewswire/ — SK Trading International (SKTI), a wholly owned subsidiary of SK Innovation, announced today it has closed a round of institutional funding into Infinium, a clean fuels innovator. The investment will support acceleration of Infinium’s commercial developments globally. Continue Reading “SKTI is excited about the opportunity to… Continue reading SK Announces New Funding Into Electrofuels Innovator Infinium
UPDATE 1-BYD enters India’s passenger car market amid global push
(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
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