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Sony and Honda sign MOU to create JV to develop and sell EVs and mobility services; first model on sale in 2025

Green Car Congress

Sony Group Corporation and Honda Motor signed a memorandum of understanding that outlines their intent to establish a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs) and commercialize them in conjunction with providing mobility services.

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Toyota keeps world’s top-selling automaker crown in 2023, sells 1.12 crore cars

Baua Electric

Read more Toyota held the pole position in global passenger vehicle sales hart in 2023, while BYD grabbed the top spot in global electric car sales pushing Tesla to second position. Toyota Motor Corporation claimed to have sold 1.12 per cent to 1.12 crore units last year, as compared to 2023, claimed the auto company.

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Honda, Sony agree to electric vehicle development partnership, first deliveries in 2025

Teslarati

and Sony Group Corporation announced in a press release they have agreed to form a strategic alliance that aims to develop new electric vehicle technologies and mobility services. The New Company will be responsible for the planning, design, development, and sale of the EV, but not own and operate manufacturing facilities, it said.

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Toshiba to supply inverters for Fords HEVs and PHEVs from 2012

Green Car Congress

The Ford Motor Company has selected Toshiba Corporation to supply automotive inverters for hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV). Ford plans to start mass production of new models of both kinds of vehicle in 2012. billion) in fiscal year 2010 to ¥1.5 trillion (US$18.7 billion) in fiscal year 2020.

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Career Opportunities in the Electric Vehicle Industry

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The growth factors for the Indian EV industry are PLI to promote domestic production of electric vehicles, hydrogen fuel cell vehicles, and a boost for locally produced ACC battery storage goods. In India, EV sales surpassed 300,000 units in 2021. Battery Researchers and Engineers. EV Opens Numerous Doors.

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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., GAC Components mainly manufactures automobile interior parts, electric components, etc. to manufacture automotive traction motors. billion to US$9.3 billion) in 2030.

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2025-2035: Rewriting The Automotive History

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A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. According to the research, worldwide and US electric vehicle sales increased by 40% and 4%, respectively over the year.