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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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Performance variant of Holden Commodore coming to North America as Chevrolet SS

Green Car Congress

Australia-based Holden confirmed that the Commodore will return to North America in late 2013 as the new Chevrolet SS performance sedan. The car will be the first Chevy rear-wheel-drive sedan for sale in the US in 17 years. The car will be the first Chevy rear-wheel-drive sedan for sale in the US in 17 years.

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Volkswagen Group outselling GM in China

Green Car Congress

As a result, the Group is outselling GM, which itself has been posting record results. For the first nine months of 2016, retail sales by GM and its joint ventures in China increased 9% on an annual basis to a record 2,718,315 units. Reinforcing our customers’ trust in our products remains our top priority.

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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Under the agreement, HUMMER would contract vehicle manufacturing, key components and business services from GM during a defined transitional time period. Citi is acting as financial advisor to GM.

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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First 2011 Chevrolet Volt Rolls Off the Line, But Not For Sale

All Cars Electric

The 2011 Chevrolet Volt took another step last week in its long and highly publicized gestation, with the first complete vehicle rolling off the production line at GM's Detroit Hamtramck assembly plant.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

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