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Honda targeting annual sales of 70,000 for electric Prologue SUV in 2024

Green Car Congress

Honda announced an initial annual sales target of 70,000 units for the Prologue SUV, Honda’s first new volume battery-electric vehicle (BEV), when it goes on sale in 2024. This will take Honda to anticipated sales of 500,000 BEVs by 2030, and ultimately leading to 100% zero emission vehicles sales in North America by 2040, Honda said.

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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

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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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Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

Kia Corporation described its roadmap to 2030 at the company’s 2022 CEO Investor Day virtual event. These core business aims include: Accelerating electrification and achieving annual sales of 1.2 These core business aims include: Accelerating electrification and achieving annual sales of 1.2 million BEV sales in 2030.

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Honda investing $700M in three Ohio plants to retool for EVs; with LG gigafactory, Ohio becomes Honda EV hub

Green Car Congress

Honda plans to begin production and sales of Honda EVs in North America in 2026, based on its new Honda e:Architecture. Honda’s EV hub will leverage the company’s longstanding production, product development, and purchasing operations located in Central Ohio. Cumulatively, Honda has invested nearly $24.6

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

Green Car Congress

Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. 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. ITC Holdings Corp., ITC Holdings Corp., ITC Holdings Corp.,

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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