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Toyota invests $394M in, collaborates with Joby on air mobility

Green Car Congress

Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. —Toyota Motor Corporation President and CEO Akio Toyoda.

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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

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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. and Jiangling Motors Corporation. Earlier post.).

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GM and Honda announce executive leadership and board of directors for Fuel Cell System Manufacturing, LLC

Green Car Congress

General Motors and Honda announced the executive structure for their recently established joint venture company, Fuel Cell System Manufacturing, LLC (FCSM). Representing Honda on the FCSM board of directors are: Takashi Sekiguchi, Managing Officer and Director/Chief Operating Officer, Automobile Operations, Honda Motor Co.,

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Splendid Wall readies EV battery meeting, analysis in Thailand

Baua Electric

BANGKOK — China’s Splendid Wall Motor Co. The Hebei-based corporate could also be taking into account starting a analysis and construction middle in Thailand that would paintings on battery powered pickup vehicles, Narong Sritalayon, managing director of Splendid Wall Motor Thailand, stated in an interview.

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Maruti Suzuki Fronx soon to be exported to Australia? Here’s why

Baua Electric

petrol engine paired with a small electric motor and a 12-volt battery. The company, led by Chairman RC Bhargava, revealed plans for a new, more affordable hybrid technology specifically designed for its mass-market vehicles. In India, the Fronx offers a mild-hybrid option (“Smart Hybrid”) only with the 1.0L

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Geneva auto display made over for 2024 as ‘reasonably priced’ match

Baua Electric

The Geneva auto display will go back in 2024 with a unutilized, “affordable” thought for exhibitors and guests. Organizers have advanced a unutilized thought for the display to seriously let go the prime prices of displaying that experience do away with many automobile firms.

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