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Toyota commissions Yamaha to develop hydrogen-fueled 5.0L V8; follow-on from Nov 2021 announcement

Green Car Congress

Toyota Motor Corporation has commissioned Yamaha Motor to develop a 5.0-liter liter V8 engine for automobiles that is fueled entirely by hydrogen. Teaming up with companies with different corporate cultures and areas of expertise as well as growing the number of partners we have is how we want to lead the way into the future.

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Fuji Heavy Industries to change company name to Subaru Corporation

Green Car Congress

the manufacturer of Subaru vehicles, will change its company name to Subaru Corporation with effect from 1 April 2017 (tentatively). In its mid-term management vision “Prominence 2020” announced in May 2014, FHI set a corporate vision for 2020 of being “a high-quality company that is not big in size but has distinctive strength”.

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Honda to invest $40B over 10 years in electrification and software; launching 30 EV models by 2030; > 2M units p.a.

Green Car Congress

In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5 trillion / US$12 billion).

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Audi shows new A6 e-tron concept electric vehicle in Shanghai

Green Car Congress

The first two products are made by a new partner, SAIC Audi. In cooperation with its long-standing joint-venture partner FAW, Audi is currently building a completely new automotive plant specially for the future generation of electric-powered models on the basis of the new PPE technology platform. A6 e-tron concept.

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Panasonic to increase automotive lithium-ion battery production in Japan

Green Car Congress

Panasonic Corporation will start production of automotive lithium-ion batteries at a factory in Himeji, Hyogo Prefecture, expanding domestic production amid increasing demand for such batteries. Panasonic has been building up its production capacity of automotive batteries in Japan, the United States, and China.

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Visitor remark: Global automakers are boosting production jobs, economic development

Baua Electric

In an month of fast technological innovation and rising shopper call for for extra complicated automobiles, a strong paintings power ready to satisfy the wishes of this evolving marketplace is important to the luck of the U.S. car production trade. production and growing hundreds of good-paying careers national. auto trade.

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Stellantis EV battery plant building resumes then monetary trade in with executive

Baua Electric

Building of a $3.7-billion NextStar attorneys spent the past of June reviewing a monetary assistance package deal the government gave the corporate on June 2. The automaker halted some building Would possibly 15. Inflation Reduction Act (IRA),” Stellantis mentioned in a remark. Phrases of the do business in are unknown.