Electric Vehicles Archives — Page 3 of 4

November 6, 2021 No Responses

Ford To Retire $5b Debt, Issue Green Bonds For Electric Vehicles

Ford Motor Company said it plans to retire up to $5 billion in high-interest debt and tap into the fast-growing market for “green” bonds to help it finance new electric vehicles and expand credit to customers with lower scores. Ultimately,...

September 28, 2021 No Responses

Ford Votes $11.4b For Electric Vehicle Plants

Ford has announced a major investment in electric vehicle (EV) production in the US, promising to build its biggest ever factory in Tennessee, and two battery parks in Kentucky. Under the $11.4bn (£8.3bn) plan, the carmaker said it will build...

September 8, 2021 No Responses

Toyota Votes $13.5b To Develop Electric Vehicle Battery

Toyota Motor Corp said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system – a bid to lead in the key automotive technology over the next decade.The world’s largest automaker....

August 8, 2021 No Responses

Hyundai Nigeria Seeks Subsidy On Locally Assembled Electric Vehicles

Stallion Hyundai Motors Nigeria has appealed to the Federal Government to approve subsidy for locally assembled Electric Vehicles. Speaking at the just concluded 2021 Nigeria Auto Journalists Association (NAJA) training workshop, Hyunda...

July 30, 2021 No Responses

Nigeria Incorporates Electric Vehicles In Revised Auto Plan

By Moses Ebosele, ebosele@hotmail.com – The Nigerian Government is incorporating Electric Vehicles (EVs) into its National Automotive Industry Development Plan (NAIDP). Addressing participants on Thursday at forum put together by the Nigeria Autom...

July 23, 2021 No Responses

Toyota, Suzuki, Daihatsu Explore Electric Vehicle Venture

Suzuki Motor Corporation and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corporation, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars.The two automakers ...

July 20, 2021 No Responses

Suzuki Stakes $13b On Electric Vehicles

Suzuki Motor Corp will enter the electric vehicle (EV) market by 2025 starting in its stronghold market India, Nikkei reported on Monday.The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after governm...

July 14, 2021 No Responses

Volkswagen To Double Charging Infrastructure By 2025

Volkswagen‘s electric vehicle (EV) charging unit, Electrify America, said on Tuesday it planned to more than double its charging infrastructure in the United States and Canada over the next four years.The company said it expects to have over 1,800 fas...

June 15, 2021 No Responses

Hyundai Accelerates ‘Flying Car’ Efforts

Hyundai Motor Co has accelerated efforts around developing “flying cars” and will offer services around those vehicles rather than just selling them, the South Korean automaker’s chief operating officer told Reuters.Hyundai is ahead of t...

May 29, 2021 No Responses

Hyundai Targets One Million Electric Vehicles By 2025

Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs). According to Reuters report, the move will result in a 50% reduction in m...

May 24, 2021 No Responses

Ford CEO: Electric Vehicle Demand Will Transform Industry

A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery-powered vehicles.Jim Farley, the company’s new CEO, calls the introduction of an elect...

May 22, 2021 No Responses

Pope Francis To Get First Electric Popemobile From Fisker

Los Angeles-based Fisker Inc plans to supply the first pure electric vehicle for Pope Francis next year, it said on Friday, with features such as a solar roof and carpets made of recycled plastic bottles from the ocean.Fisker will covert its all-electric O...

May 21, 2021 No Responses

South Africa Unveils Electric Vehicle Manufacturing Agenda

As part of measures to increase the country’s competitiveness in the global automotive market, the South African Government has launched a public consultation on how to boost domestic production of electric vehicles (EVs). Already, the Department o...

May 14, 2021 No Responses

Hyundai To Invest $7.4b In Electric Cars, Expansion

South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.The announcement came b...