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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. The startup is now turning to auto dealerships for sales and services. IRA EV tax credits winning over more auto dealers in 2024 During CES 2024, Henrik Fisker told Automotive News that the electric vehicle (EV) manufacturer intends to sign with 50 car dealerships by the midyear.

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US Steel and CarbonFree sign MoU to capture CO2 at Gary Works

Green Car Congress

United States Steel Corporation and CarbonFree Chemicals Holdings, LLC (CarbonFree) recently signed a non-binding Memorandum of Understanding (MoU) jointly to pursue the capture of CO 2 emissions generated from US Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle technology.

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Arkema boosting Kynar PVDF production to meet Li-ion materials demand; targeting €1B in battery sales by 2030

Green Car Congress

Arkema now aims for sales of at least €1 billion in the battery sector by 2030. This Center of Excellence, which will help accelerate the development of advanced materials and processes for future generations of more efficient, safer and more compact batteries, was partly financed by the Région-Auvergne-Rhône-Alpes.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87 trillion (US$79 billion) of investment for future businesses by 2030, including KRW 19.4 Optimizing EV manufacturing capacity.

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California ARB fines Ford $2.96 million for sales of non-compliant On-Board Diagnostic systems in California

Green Car Congress

These actions will help ensure that future vehicles are fully compliant with OBD system certification requirements prior to being offered for sale in California. Ford fully cooperated with ARB in the investigation and resolution of this matter and has promptly worked with staff to resolve these non-compliance issues.

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Honda Speaks About Near Future, EV Plans

The Truth About Cars

Honda has sent us a brief on its hopes and plans for the near future. Honda also says it's continuing to aim to reach a goal of a 7 percent return on sales by fiscal year 2026. Honda is touting increased relationships with semiconductor manufacturers, including Taiwan Semiconductor Manufacturing Company Limited.

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Hino to use Cummins engines in MD and HD trucks for North America; shifting resources to Project Z BEV development

Green Car Congress

Hino Trucks intends to produce medium- and heavy-duty Hino trucks with Cummins engines for sale in North America. Hino and Cummins will continue to evaluate additional opportunities to collaborate on powertrain strategies in the future. Hino intends to offer Cummins B6.7 Earlier post.).