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Honda begins production of 2023 Honda CR-V Hybrid in North America

Green Car Congress

The CR-V hybrid features a new two-motor hybrid system produced at Honda’s Ohio Transmission Plant (TMP-O), and a newly refined Atkinson-cycle engine unique to hybrid models that is made at the Anna Engine Plant (AEP), also in Ohio. HCM is the global lead plant for CR-V hybrid production, the first time a hybrid has been built in Canada.

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Nikkei: Nidec to build $715M e-axle plant in Mexico

Green Car Congress

The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company is currently producing e-axles in China and Europe but will start making them in North America as well ahead of an expected surge in demand.

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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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Who’s Leading the Shift Away from Internal Combustion Engine Automobiles?

Clean Fleet Report

Which countries are leading the shift from internal combustion engine automobiles to EVs? Globally, China is leading the transition to EVs in terms of sheer numbers. It’s produced on three continents–North America, China and Europe.] percent of global lithium-ion battery manufacturing capacity, Germany 11.3

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The proportion of global EV production is set to increase from 8% this year to 34% in 2030. trillion (US$27.8 billion) for electrification.

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Volvo EM90 Minivan Probably Not Coming to North America

The Truth About Cars

However, the 500-plus horsepower (and torque to match) figure stemming from the Zeekr’s dual-motor setup should be the same regardless of market and is allegedly capable of bringing the van to 60 mph in roughly 4.5 That’s mighty quick for a minivan, especially one as big (205 inches long) and heavy as the 009.

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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 is supported by 60 organizations, including ABB Inc., The Nature Conservancy, Toyota Motor North America, Union of Concerned Scientists, Volkswagen Group of America, and Volta. The Driving America Forward Act is supported by 60 organizations, including ABB Inc.,