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General Motors increases EV investment by 75% through 2025

Teslarati

General Motors has increased its electric vehicle investment by 75%, from $20 billion to $35 billion through 2025, the company announced on Wednesday. Among the obvious point of expanding its product line in general, GM outlined several other finer points of its expanded investment in a press release.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. In terms of annual EV production, Europe’s 1.1 Source: The ICCT. million nearly matched China’s 1.27

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Honda to advance fuel cell system as core of its hydrogen business; expansion to other areas; new FCEV in 2024

Green Car Congress

Honda said that it will take a proactive approach to increase the use of hydrogen as an energy carrier and strive to expand its hydrogen business, in addition to continuing to electrify its products. As the core of its hydrogen business, Honda will further advance its fuel cell system. Commercial vehicles. Stationary power stations.

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Faraday Future receives manufacturing equipment from Guangzhou MINO at Hanford plant

Green Car Congress

Included in the shipment is critical equipment for the body assembly production line of the FF 91. MINO’s main product lines include Body In White (BIW) automatic welding lines, powertrain and new energy manufacturing equipment, electrical automation and robotics application integration and services. Guangzhou MINO Equipment Co.,

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Beyond GM and Sony EV projects, Honda goes solo on solid-state tech

Green Car Reports

Honda has established EV partnerships with General Motors and Sony, but the automaker is going it alone on solid-state battery tech.

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Report: Honda and GM to build fuel cell plant, mass production by 2025

Green Car Congress

The Asahi Shimbun reports that will set up a factory for the joint manufacture of automotive fuel cells, with production beginning by 2025 at the latest. Toyota Motor is working with BMW to develop key components for FCVs, while Nissan Motor Co. is collaborating with Ford Motor Co. Earlier post.).

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Honda partners with CATL on Li-ion EV batteries; 56 GWh by 2027

Green Car Congress

CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Also, at the Beijing Motor Show in 2018, it officially announced that more than 20 electric vehicles would be launched in China by 2025. Contemporary Amperex Technology Co., Earlier post.).

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