Honda’s CAD$15 billion investment in Canada will build an EV value chain, creating at least 1,000 new jobs and boosting EV production to 240,000 units/year.

04/25/2024

AUTO

Honda Electric Cars To Be Produced at Ohio-Based EV Hub in 2025

Honda electric cars, batteries, and EV components will be produced in three of Honda’s most important Ohio plants, forming a new EV Hub.

04/22/2024

BUSINESS

Xos Acquires ElectraMeccanica, Maker of Electric Three-Wheeled SOLO

In March 2024, Xos, Inc. announced it had closed its acquisition of ElectraMeccanica Vehicles, maker of the three-wheeled, all-electric SOLO.

04/15/2024

AUTO

Tesla Production Numbers Hit 6 Million Electric Vehicles

Tesla production numbers hit 6 million EVs in March, while Tesla’s stock took a significant dive in the first quarter of 2024, marking a 29% plunge.

04/04/2024

AUTO

Hyundai EV Cars to Lead Global Auto Industry with New $51B Investment

The Hyundai Kia Automotive Group said it will invest $51 billion over three years to ramp up production of its Hyundai EV cars.

04/02/2024

BUSINESS

Canoo’s Oklahoma City Facility Accelerates EV Manufacturing Strategy with Foreign Trade Zone Designation

Canoo’s Oklahoma plant, now a Foreign Trade Zone, promises EV innovation, 1,100 job growth, and economic benefits.

03/28/2024

AUTO

Fisker Automotive Misses Interest Payment, Pauses Production Amid Bankruptcy Speculation

In March 2024, Fisker plans to halt production of its EVs for six weeks after missing an interest payment, causing speculation of imminent bankruptcy.

03/19/2024

AUTO

Scout Motors’ EVs Revive Iconic American Brand, With New South Carolina Factory

VW, Scout Motors’ parent company, is bringing back the Scout as an EV. Scout Motors’ factory in South Carolina will create over 4,000 jobs.

03/04/2024

POLITICS

Mexico Is Attracting Chinese EV Factories Like BYD, Alarming U.S. Officials

U.S. concerns rise as Chinese automakers like BYD Mexico eye Mexico for EV production, potentially disrupting American EV market dynamics.

02/24/2024

AUTO

Hyundai’s First U.S. EV Plant Fast-Tracked to Gain Electric Vehicle Tax Credit in 2024

The first U.S. Hyundai EV plant will be open as soon as this October, allowing the company to qualify for the electric vehicle tax credit in 2024.

02/21/2024

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AUTO

Honda’s $15 Billion Investment to Establish Comprehensive EV Value Chain in Canada

Honda’s CAD$15 billion investment in Canada will build an EV value chain, creating at least 1,000 new jobs and boosting EV production to 240,000 units/year.

04/25/2024

AUTO

Honda Electric Cars To Be Produced at Ohio-Based EV Hub in 2025

Honda electric cars, batteries, and EV components will be produced in three of Honda’s most important Ohio plants, forming a new EV Hub.

04/22/2024

BUSINESS

Xos Acquires ElectraMeccanica, Maker of Electric Three-Wheeled SOLO

In March 2024, Xos, Inc. announced it had closed its acquisition of ElectraMeccanica Vehicles, maker of the three-wheeled, all-electric SOLO.

04/15/2024

AUTO

Tesla Production Numbers Hit 6 Million Electric Vehicles

Tesla production numbers hit 6 million EVs in March, while Tesla’s stock took a significant dive in the first quarter of 2024, marking a 29% plunge.

04/04/2024

AUTO

Hyundai EV Cars to Lead Global Auto Industry with New $51B Investment

The Hyundai Kia Automotive Group said it will invest $51 billion over three years to ramp up production of its Hyundai EV cars.

04/02/2024

BUSINESS

Canoo’s Oklahoma City Facility Accelerates EV Manufacturing Strategy with Foreign Trade Zone Designation

Canoo’s Oklahoma plant, now a Foreign Trade Zone, promises EV innovation, 1,100 job growth, and economic benefits.

03/28/2024

AUTO

Fisker Automotive Misses Interest Payment, Pauses Production Amid Bankruptcy Speculation

In March 2024, Fisker plans to halt production of its EVs for six weeks after missing an interest payment, causing speculation of imminent bankruptcy.