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Toyota invests more in the United States for battery & BEV production

Teslarati

The veteran automaker plans to invest more in its North Carolina battery plant in preparation for a new battery-electric SUV. Toyota’s electric SUV will be assembled in the United States, qualifying for the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax incentives. Toyota is investing another $2.1

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VinFast Announces New U.S. Dealers Across Several States

The Truth About Cars

is the VF 8 SUV. Deliveries have been slow to start in 2024, with only 448 new registrations in the first two months of the year. VinFast’s North Carolina factory will be up and running by next year and is expected to start production by the end of 2025. Image: VinFast] Become a& TTAC& insider.

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Report: Toyota To Build Subaru Three-Row EV in Kentucky

The Truth About Cars

The brotherly love is expected to continue with a new three-row SUV in 2025. Its Kentucky facility is getting a multi-million-dollar retooling to support EV production and will eventually source batteries from another Toyota plant in North Carolina. Neither automaker’s current EVs are eligible for U.S.

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VinFast Went Public and Quickly Exceeded Legacy Automakers' Valuations

The Truth About Cars

Automotive News pointed out that many fizzled out after a few days when the buzz dies down. The company invited journalists to Vietnam to drive its new electric SUV, the VF8, only to be met with reviews ranging from “send it back” to “not ready for sale.” & [Image: VinFast] Become a& TTAC insider.

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Flash Drive: 2023 VinFast VF 8

Clean Fleet Report

VinFast invited Canadian and American automotive journalists to California to drive the 2023 VF 8, an all-electric midsize two-row SUV. The company has ambitious plans to import the three-row VF 9 by the end of 2023 and the two-row VF 7 in the first part of 2024, both of which are electric SUVs built in Hai Phong, Vietnam.

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EV tax credit supply chain rules ease, but China restrictions remain

Baua Electric

In a coordinated push through federal agencies, the Biden administration on Friday released a revised set of regulations applying to the EV tax credit that will ultimately make the credit easier to claim for a wider range of vehicles in 2025 and 2026 but no easier for Chinese companies to gain a foothold on the market.

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Blazer EV pause, Mercedes EV updates, affordable EVs, clean hydrogen rules: The Week in Reverse

Baua Electric

It’s giving its EQS hatchback, EQS SUV, EQE sedan, and EQE SUV lineups a heat pump for the U.S., revamped regenerative and friction braking for an “improved brake feel,” an all-wheel-drive disconnect to add range, and for the EQS SUV, a boost to its battery’s usable kwh. As we lead up to a winner on Jan.