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Honda to invest $40B over 10 years in electrification and software; launching 30 EV models by 2030; > 2M units p.a.

Green Car Congress

In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5 trillion / US$12 billion).

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April auto gross sales defy financial hesitancy

Baua Electric

from March to $1,606 consistent with automobile throughout all automakers, in keeping with TrueCar knowledge. million automobiles in April, flat with March however 45 p.c Energy and LMC Automobile stated. ” Regardless of buying groceries process, affordability extra a priority. and Acura complex 21 p.c.

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Update: Top 10 Electric Cars

Clean Fleet Report

The Model 3 its affordable ($35,000 as it was originally advertised, though most have sold for more), smaller model changed everything. Take the Mach-E battery pack and drop it into the best-selling Ford Transit commercial vehicle and the E-Transit enters the last-mile delivery market. Nissan Leaf – the Standard Bearer.