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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit. Sales of electric vehicles in the US increased by more than 80% in 2018 and two manufacturers have already hit the lifetime cap of 200,000 units (GM and Tesla).

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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. By 2025, Toyota’s goal is to have 40% of new vehicle sales be electrified models, and by 2030 expects that to increase to nearly 70%.

PHEV 305
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Honda targeting 2/3 of unit sales from PHEVs, HEVs and ZEVs by ~2030; PHEVs the core of electrification

Green Car Congress

At a press event in Tokyo to lay out his future vision and direction for the company, Honda Motor President & CEO Takahiro Hachigo said that the company will strive to make two-thirds of its overall unit sales from plug-in hybrid/hybrid vehicles and zero-emissions vehicles such as fuel cell vehicles and battery EVs by around 2030.

Honda 150
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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 members from across North America who have been nominated for the 2022 National Electric Auto Association (EAA) Board, and will be voted on by members in early November. The end of ownership usually results in used sales, which increases affordability and adoption. What type of leadership makes you thrive?

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FCA proposes 50:50 merger with Groupe Renault

Green Car Congress

Fiat Chrysler Automobiles N.V. Groupe Renault has a strong presence across Europe, Russia, Africa and Middle East, while FCA is uniquely positioned in the high margin segments in North America and is a market leader in Latin America. The combined business would sell approximately 8.7 million vehicles annually.

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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 members from across North America who have been nominated for the 2022 National Electric Auto Association (EAA) Board, and will be voted on by members in early November. The end of ownership usually results in used sales, which increases affordability and adoption. What type of leadership makes you thrive?

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 billion yuan (US$679 million).