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
Tag: Electric vehicles
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
Lithium Mining Market in High Gear as Demand Continues to Grow at an Accelerated Pace
PALM BEACH, Florida, Oct. 11, 2022 /PRNewswire/ — FinancialNewsMedia.com News Commentary – Lithium — the lightest metal on Earth — was discovered by Swedish chemist Johan August Arfwedson more than 200 years ago. Since then, lithium and its compounds have been used in everything from psychiatric medicine to lubricating grease, but interest in lithium has… Continue reading Lithium Mining Market in High Gear as Demand Continues to Grow at an Accelerated Pace
European e-mobility specialist QUANTRON expands to North America
In the future, Quantron AG will also offer its commercial vehicles with hydrogen fuel cell drive and battery electric drive as well as retrofit packages on the North American market To enter the North American market, the company has founded Quantron US Inc. and appointed Richard Haas as CEO of Quantron US. Raymond Staples becomes… Continue reading European e-mobility specialist QUANTRON expands to North America
China’s electric car market is booming but can it last?
And this is largely driven by government mandates and incentives, says Mr Hsieh. For more than a decade, the Chinese government has subsidised EV purchases. The value of these subsidies has fallen over time, and they are due to end by 2023, but there are still plenty of reasons why buying an electric car is… Continue reading China’s electric car market is booming but can it last?