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Tesla FSD in China could add $2.3 billion in annual earnings by 2030: Bank of America

Teslarati

Bank of America seems to be seeing the potential of Full Self Driving (FSD) for Tesla’s future in China. The China Association of Automobile Manufacturers also noted that Tesla has cleared data security and processing requirements in the country. billion in annual earnings by 2030: Bank of America appeared first on TESLARATI.

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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. Renewable Energy Efforts in North America.

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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.

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Honda begins production of 2023 Honda CR-V Hybrid in North America

Green Car Congress

All three plants producing CR-V in North America—HCM, IAP and ELP—worked in close collaboration with the Anna Engine Plant (AEP) and the Honda Transmission Plant in Ohio (TMP-O), which are responsible for the all-new powertrain for the latest Honda electrified vehicle. Cumulatively, Honda has invested nearly $24.6

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill also includes a reporting requirement for State agencies that purchase vehicles.

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Subaru of America Reports Strong December Sales and Year-End Performance

The Truth About Cars

Photo credit: Teddy Leung / Shutterstock.com Subaru of America, Inc. percent decrease from the previous year, the results are largely influenced by the semiconductor shortage and broader supply chain disruptions affecting the automobile industry. Although this represents a 4.7 percent increase in sales compared to 2021.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,