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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings. The new plant is expected to start manufacturing battery cells in the second half of 2025 with an annual production capacity of 35 GWh, which is sufficient to support the production of 300,000 EVs.

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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

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Majority of workers at Mercedes-Benz plant sign up for UAW

Teslarati

Most workers have signed up for the union at the company’s Mercedes-Benz U.S. International (MBUSI) factory in Tuscaloosa, Alabama, according to a statement from the UAW on Tuesday. manufacturing plants. We know what the company, what the politicians, and what their multi-millionaire buddies will say. facilities.

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

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Hyundai Motor Group plans to produce various EV models in the United States through Hyundai Motor Alabama Plant (HMMA), Kia Georgia Plant (KaGA), and Hyundai Motor Group New Plant (HMGMA). The MOU is also expected to further strengthen the two companies’ partnership. million full electric vehicles annually by 2030.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America. Earlier post.)

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Honda announces next steps in preparation for EV production in US

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AEP will transfer component production for two different generations of engines to the engine plant at the Alabama Auto Plant (AAP). The two companies have committed to invest $3.5 The overall investment of the two companies in the JV facility is projected to reach $4.4 Anna Engine Plant (AEP).

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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

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In China, the company has been introducing EV models while utilizing local resources; Honda will further accelerate this approach from here forward. The company plans to introduce 10 Honda-brand EV models within five years. In China, Honda will strive for a BEV/FCEV sales share of 40% by 2030, 80% by 2035 and 100% by 2040.

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