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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. Advanced Battery Technology.

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

Green Car Congress

The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit. Sales of electric vehicles in the US increased by more than 80% in 2018 and two manufacturers have already hit the lifetime cap of 200,000 units (GM and Tesla). ITC Holdings Corp.,

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng Motor Corporation (DFM) is the third biggest Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei Province.

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Global production of Mazda3 reaches 4M units; currently ~30% of total sales

Green Car Congress

Mazda Motor Corporation announced that cumulative production of the Mazda3 (known as Mazda Axela in Japan) reached four million units on 22 January 2014—ten years and seven months after production of the first-generation model commenced in June 2003. No other Mazda model has reached the milestone as quickly.

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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. By 2025, Toyota’s goal is to have 40% of new vehicle sales be electrified models, and by 2030 expects that to increase to nearly 70%.

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Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer based in Wuhan, Hubei.

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