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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. Honda SUV e:prototype shown at Shanghai 2021.

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Albemarle signs exclusivity agreement with Mineral Resources for 50/50 lithium JV in W. Australia; $1.15B deal

Green Car Congress

The proposed JV, which remains subject to negotiation of definitive documents, would combine Albemarle’s lithium production and marketing expertise with Mineral Resources Limited’s (MRL) leading regional presence and mining capabilities. The purchase price for Albemarle’s 50% interest in the JV would be US$1.15

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Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 million units (approximately 15% of total sales) as of 2030. Suzuki Motor Corporation and Yamaha Motor Co.—have Commuter EVs.

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DriveElectric agrees strategic investment partnership with Sumitomo Corporation

Drive Electric

We are delighted to announce that DriveElectric has agreed a transformative deal with Sumitomo Corporation which will see an acceleration in our products and services to meet the increasing demand for electric vehicles in the UK. Sumitomo Corporation is a leading Fortune 500 global trading company, founded in 1919 in Japan.

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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). For the fiscal year ending March 2017, Subaru projects its global vehicle sales to exceed one million units (1,050,000 units on a consolidated basis) for the first time in its history.

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Syrah Resources successfully produces Li-ion battery grade spherical graphite; market numbers

Green Car Congress

Australia-based Syrah Resources has successfully produced uncoated battery grade spherical graphite, using natural flake graphite from its Balama Graphite & Vanadium Project in Mozambique. The International Energy Agency (IEA) 2013 has forecast annual sales of electric vehicles (EVs) of nearly 6 million units by 2020.

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Bosch, GS Yuasa, and Mitsubishi Corporation to set up JV for next generation lithium-ion batteries

Green Car Congress

and Mitsubishi Corporation have agreed to work together on the next generation of high-performance lithium-ion batteries. The three companies intend to set up a joint venture for joint research and development, and to support their parent companies in sales and marketing activities. The headquarters will be Stuttgart/Germany.