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Honda breaks ground on its $4.4 billion Gigafactory in the US

Teslarati

Honda and its partner LG Energy Solutions have broken ground on their first joint venture battery production location in the United States. Honda is far from a leader in the electric vehicles market, but with a series of investments , they hope to change that over the next decade. Lee, CEO of the Honda/LG joint venture.

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Honda to step up its game with new electric motorcycles and EVs

Teslarati

Honda appears ready to go full electric and dive into the increasing competition in the EV industry. At the same time, Honda plans to increase its annual sales of electric motorcycles to 3.5 Now, Honda is setting ambitious goals for its electrification business. million units by 2025. Its 2030 goal is to sell 3.5

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. In terms of annual EV production, Europe’s 1.1 Source: The ICCT. million nearly matched China’s 1.27

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Nissan and Honda confirm new EV partnership as they look to play catch up with Tesla, BYD

Baua Electric

Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. Nissan and Honda form EV partnership to keep pace Yesterday, Electrek reported that Nissan and Honda were considering partnering up to introduce more affordable EVs. It’s official.

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

To create the largest impact, the researchers concluded, emphasis should be placed on the largest producers of vehicles; the five largest producers of automotive vehicles in the United States are General Motors, Ford, Toyota, Chrysler, and Honda. Examples of biobased parts in production. The production of these tires uses less energy.

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More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. Tesla will suspend production at its Fremont plant on 23 March.

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Tesla looking to produce next-gen EV codenamed “Redwood” in mid-2025: report

Teslarati

Citing people reportedly familiar with the matter, Reuters recently claimed that Tesla has informed its suppliers that it is looking to start the production of its next-generation platform in mid-2025. The publication’s sources also noted that in recent years, Tesla tore down a Honda Civic to study how to manufacture affordable cars.

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