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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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Much Awaited Electric Cars Sales Report – Feb’ 23

Electric Vehicles India

With the advent of battery technology, the automobile industry is shifting towards electric vehicles from the gasoline ones. In the recent years, India has manufactured numerous electric vehicles with various features and the sales of those showed a great surge. 56 MG Motors 345 425 38 807.89 -19 BYD India 228 132 12 1800.0

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First driving behavior-based telematics automobile insurance developed for Toyota connected cars in Japan

Green Car Congress

have jointly developed Japan’s first driving behavior-based telematics automobile insurance. The service is scheduled to go on sale on 15 January 2018, while insurance liability is scheduled to commence in April 2018. Aioi Nissay Dowa Insurance is a pioneer of telematics automobile insurance in Japan.

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

The Truth About Cars

witnessed a notable increase in vehicle sales during December 2022, with a reported 56,760 vehicle sales. This marks an 11 percent rise compared to December 2021, indicating a positive trend despite ongoing industry challenges. Annual Sales Overview The year 2022 ended with Subaru achieving a total of 556,581 vehicle sales.

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Delaware adopting California’s ZEV regulations

Green Car Congress

The regulations mandate that a certain percentage of the vehicles delivered for sale in a state are ZEV vehicles. Each year, manufacturers must meet a ZEV credit amount that is based on average annual sales. In states already in the program, the automobile industry has successfully met the required percentage.

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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

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Hyundai invests more in Georgia to produce hybrids

Teslarati

billion), and sales reached a record high of over 40 trillion won (US$29 billion). There was a big decline in EV sales, but those of hybrids — a high-margin product—contributed to the high profitability,” explained Hyundai’s CFO Seung Jo Lee. trillion won (US$2.5 Battery electric vehicles (BEVs) accounted for 4.5% from a year ago.

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