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AISIN to invest more than $200M in new production lines for two-motor hybrid transmissions in N Carolina

Green Car Congress

AISIN Corporation, the fifth-largest Tier 1 auto supplier in the world, announced today that it will launch two new production lines with a total anticipated investment of more than $200 million at its AISIN North Carolina Corporation (ANC) facility in Durham, North Carolina.

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Hyundai Motor Group Partners with SK On to Secure EV Battery Supply for North America

Electric Cars Report

Hyundai Motor Group today signed a memorandum of understanding with SK On Co., a leading EV battery manufacturer, to secure a supply of EV batteries in North America.

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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

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New Honda Prologue EV to go on sale in North America in 2024; Acura EV to follow

Green Car Congress

Honda’s first new volume ba ttery-electric vehicle—an electric SUV coming to market in early 2024—will be named “Prologue,” signaling a new electrified era that will lead to the company’s vision for 100% zero emission vehicle sales in North America by 2040.

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Volkswagen accelerates engineering and R&D capabilities within the North American region with new Chief Engineering Officer

Green Car Congress

Volkswagen continues to expand its design and engineering capabilities as well as grow its leadership team in North America with the addition of the company’s new Chief Engineering Officer, Lyndon Lie.

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

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Panasonic and Mazda entering discussions on medium- to long-term partnership for automotive cylindrical Li-ion batteries

Green Car Congress

and Mazda Motor Corporation agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. Panasonic Energy Co., Automotive cylindrical lithium-ion batteries manufactured by Panasonic Energy: 1865, 2170, 4680.

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