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SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

However, the series of bills do not address the main obstacle to producing primary aluminum: access to ample supplies of affordable energy, the report says. The SAFE “ Legislative Analysis for the U.S. The IIJA funds $73 billion for aluminum-heavy electric infrastructure and $5 billion for a nationwide network of EV charging stations.

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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.

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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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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

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National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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

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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. Joby’s eVTOL. Joby’s eVTOL. —Joby Aviation founder and CEO JoeBen Bevirt.

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

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General Motors and Honda announced the executive structure for their recently established joint venture company, Fuel Cell System Manufacturing, LLC (FCSM). Haq and Kosaka will be responsible for operations, overseeing the start-up of the JV and ongoing manufacturing operations. Kosaka was president & CEO of Honda of America Mfg.,

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Tesla Model Y overtakes Model 3 in April Global EV sales, Model 3 #1 in 2021

Teslarati

The Tesla Model Y crossover has overtaken its sibling vehicle in the Tesla Model 3 in April’s global electric vehicle sales figures, new data shows. In April, around 392,000 electric vehicles were registered globally, making it the fourth-best month in the history of electrification. Credit: EV Sales Blog.

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Tesla Model 3 claims top spot in February global EV sales, Model Y takes third

Teslarati

Tesla took two of three podium spots in February’s Global Electric Vehicle Sales rankings, with the Model 3 taking the top position. The Model Y captured third for the first time, further establishing Tesla’s dominance in the global EV market. A/C will add $500 to the price.

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