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Hyundai Motor Group signs MOU with SK On to secure EV battery supply for N America

Green Car Congress

Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. Under the MOU, both parties will cooperate to provide SK On batteries to the Group’s plants in the US after 2025 for the EV production. Further details on the cooperation will be revealed at a later stage.

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Honda announces next steps in preparation for EV production in US

Green Car Congress

In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026. These EV batteries will power the EVs to be produced at MAP and ELP. Joint Venture EV Battery Plant.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Advanced Battery Technology.

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USDOT announces $84.9M through Lo-No program to expand advanced bus technologies

Green Car Congress

These include hydrogen fuel cells, battery electric engines, and related infrastructure investments such as charging stations. Alabama A&M University. The Anaheim Transportation Network will receive funds to purchase advanced battery-electric buses. Delaware Transit Corporation. Project Sponsor. 284,759.

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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory. GW expansion of its Ohio manufacturing complex and new factories in Alabama and Louisiana, each of which is expected to add 3.5 GW of annual nameplate capacity when online.

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

The vast majority of the funded projects are for battery-electric buses and infrastructure; two projects are receiving a total of $3.2 Alabama A&M University. Alabama A&M University’s Bulldog Transit System will receive funding to purchase electric buses, charging stations, and other associated equipment. Description.

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Hyundai CEO Jose Muñoz says consumers would pay for a richer combine

Baua Electric

You don’t have many OEMs who’ve a complete portfolio of battery EV, plug-in hybrid or even hydrogen. However clearly, we have been depending on positive systems after we did our calculations to put money into our battery EV plant in Savannah and in a U.S. battery plant. Our corporate maintains 0 tolerance.

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