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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. For example, 15 new electric and flex-fuel vehicle models are being launched by 2025 alone. Hybrid vehicles will also follow in the medium-term. To this end, we are investing one billion euros in South America by 2026.

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Audi of America, Verizon partner to bring 5G to vehicle lineup starting in MY2024

Green Car Congress

Verizon and Audi of America will bring 5G connectivity to the automaker’s US lineup, estimated to begin with select models for the 2024 model year. The deal also marks Verizon’s first agreement with a global premium automaker for 5G-enabled automobiles.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Advanced Battery Technology.

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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

Bank of America seems to be seeing the potential of Full Self Driving (FSD) for Tesla’s future in China. In a note, the bank noted that FSD has the potential to boost the electric vehicle maker’s earnings by $2.3 billion in annual earnings by 2030 under the same assumptions,” Bank of America noted.

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Plug In America partnering with National Automobile Drivers Association to train dealers nationwide

Plug in America

On March 11, at the National Automobile Dealers Association (NADA) Show in Las Vegas, Plug In America announced that it is partnering with NADA and the Center for Sustainable Energy (CSE) to educate franchised auto dealerships nationwide on electric vehicles. said NADA president and CEO Mike Stanton.

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Honda reveals styling of new Prologue battery-electric SUV; new CR-V hybrid to be gateway vehicle

Green Car Congress

Honda has provided the first look at the exterior and interior styling of the all-new Honda Prologue battery-electric SUV that will come to market in North America in 2024. —Gary Robinson, vice president, automobile planning and strategy at American Honda. Prologue Dimensions. Exterior Measurements.

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Honda begins production of 2023 Honda CR-V Hybrid in North America

Green Car Congress

Linear Shift Control elevates the driving experience by mimicking the vehicle speed-linked rev feel associated with a conventional drivetrain shifting gears at wide open throttle. TMP-O is the lead plant for production of the new two-motor system in North America. Cumulatively, Honda has invested nearly $24.6