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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The compact crossover segment is the largest in the world, with annual volumes of more than 13 million vehicles.

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BYD to build new $1.2B battery factory in China

Teslarati

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China. The facility will be located in Zhengzhou in the Henan province in East-Central China.

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China and Norway Lead the World’s EV Switchover

Cars That Think

China, for one, is expected to meet its own 2030 EV adoption target: 40 percent of vehicles sold. By decade’s end, China is expected to be selling only EVs in regions like the island province of Hainan. According to the WRI’s analysis, above, Iceland, Sweden, the Netherlands, and China are the leading EV adopters after Norway.

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Will it be a Hossan or Ninda? Honda dumps GM, plans new family of affordable electric cars with Nissan

EV Central

Radical Renault 5 electric hatch warming for Australia as Tesla rival after Geneva It’s not known if the ultimate aim of the new deal is to also help Honda roll out a new family of affordable electric cars, but originally the brand declared that from now until 2030 it will launch 30 new EVs.

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Tesla China announces 0% down ‘Financial Leasing’ with buy-out options

Teslarati

Tesla China has announced a new “Financial Leasing” plan for more affordability as it offers the option of 0% down to purchase a vehicle, as well as several other financing options. Widespread EV adoption is already occurring in China, and Tesla is among the most popular manufacturers in the market.

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GM, Honda announce new partnership to build affordable electric vehicles

Teslarati

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM By 2027, GM and Honda plan to launch low-priced and affordable electric options, including compact crossover vehicles, officials said. The companies already have worked together with EVs and autonomy.

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Ford costs are ‘not competitive’ in China, announces sweeping changes

Teslarati

Ford has announced a sweeping set of changes to help make its operations in China more competitive as quickly as possible. This trouble has resulted in the Blue Oval instituting aggressive cost-cutting measures to improve operating efficiency and profitability in key segments. What do you think of the article?

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