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Ford GM ‘discards’ investment in electric vehicles, ‘4-fold increase’ in hybrid gasoline vehicle production American automaker Ford GM postponed its investment in electric vehicles and announced increased production and sales of hybrid and gasoline vehicles. Ford Chief Financial Officer John Lawler wrote in an investor note on the 26th that the company will “defer some of its planned multibillio..

Japanese electric car all-solid-state battery Gigacast charges for 10 minutes Automaker manufactures the same The Japanese electric car market has started a competition for latecomers by driving 1,000 km with an all-solid-state battery charged in 10 minutes by the Giga Cast process at a factory in Japan. Japan adopted the same manufacturing process development system for electric vehicles and ba..

Honda and GM unveiled a business that expanded the production of ‘hydrogen fuel batteries’ and applied them to their own power plants for electric vehicles and large truck construction machinery, and on the 20th of last month, GM announced the breakdown of its fourth battery plant joint venture with LG Ensol. Honda managing director Shinji Aoyama told reporters at an event in Tokyo, "We will beg..

On the 11th, Honda exclusively announced an allocation of $350 million to a battery plant in the US, where it jointly invests $440 million with LG Ensol, and exercised management leadership. Japan's Honda Motor Company announced on the same day that it would allocate $350 million out of the initially announced input of $440 million to the Ohio battery plant, embodying plans to operate in 2025 an..

Regarding the joint venture between LG Solution and Honda in the US battery factory, the Japanese media reported that it was ‘only for Honda’, and the Korean media reported that it was ‘supplied to 8 locations’. ‘The Chosun Ilbo’ reported on “The produced batteries are supplied to Honda and Acura (Honda's premium brand) electric vehicle models. (omitted) It is evaluated that it is the result of ..