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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.

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Holand Automobile Team buys Ferrari bundle in California

Baua Electric

Holand Automobile Team, which owns a lot alternative high-end dealerships in Quebec and Florida, stated the purchase is the nearest step in its U.S. Ferrari South Bay used to be up to now owned by means of Mattioli Automobile Team, which constructed the dealership in 2014. expansion technique.

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J.D. Power study finds consumer EV consideration in Canada significantly lags US

Green Car Congress

By contrast, in Canada, a majority (66%) say they are either “very unlikely” or “somewhat unlikely” to consider an EV for their next vehicle purchase. It is followed by purchase price (59%) and lack of charging station availability (55%). It is followed by purchase price (59%) and lack of charging station availability (55%).

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Saab Automobile and Spyker enter into MOU with Pang Da Automobile on distribution/manufacturing partnership for China and equity participation

Green Car Congress

(Spyker) announced that it and Saab Automobile AB have signed a Memorandum of Understanding (MoU) with Pang Da Automobile Trade Co., Ltd (Pang Da), China’s largest publicly traded automobile distributor with more than 1100 dealerships nationwide. Pang Da shall make a €30 million (US$42.4

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. The bill also includes a reporting requirement for State agencies that purchase vehicles.

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Franchise Fairness Companions unearths $55M minority stake in Landscapes Automobile Crew

Baua Electric

” Folk-run Landscapes Automobile is the second one auto store funding for Franchise Fairness Companions, following its $70 million October funding in Georgica Auto Holdings. In a while then that partnership used to be introduced, Georgica Auto purchased 3 dealerships in Connecticut.

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How China beat everybody to be international chief in electrical automobiles

Baua Electric

By way of: Bloomberg | Up to date on: 18 Jul 2023, 08:55 AM A truck transports unutilized Tesla vehicles at its manufacturing facility in Shanghai, China. Production is booming too — Chinese language manufacturers account for approximately part of all EVs offered globally, HSBC analysts stated in a up to date be aware.