Ford EVs are losing money, but hope is on the way with a next generation of vehicles. Mazda shows an appealing electric sedan so far limited to China. Toyota plans a second U.S.-made three-row electric SUV. And Honda is creating another EV hub in Canada. This and more, here at Green Car Reports. More lower-priced Ford EVs are on the way, the automaker said
A plug-in hybrid Gladiator will join the Jeep lineup next year. Cadillac gets cold feet about its 2030 end date for gasoline. And Biden agencies ease one area of the EV tax credit that could mean more qualifying EVs. This and more, here at Green Car Reports. The Biden administration provided updated EV tax credit rules for manufacturers and suppliers on
Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday. The federal government as well as the province of Ontario, where the plant will be built, will both provide some financial incentives for the
The U.S. government has finalized rules regarding the $7,500 clean vehicle tax credit. The changes are technical, but could result in more electric vehicles being eligible for tax credits. The U.S. Department of Treasury, the Internal Revenue Service, and the Department of Energy have revealed the final rules for the clean vehicle tax credit. It’s valued at up to $7,500 but the exact number depends on a variety of complicated factors. One of the big changes is a new test for calculating the...
Tesla has confirmed that it will offer more affordable electric vehicles, though it has not provided any details. A talented designer created this compelling Model 3 hatchback concept, sparking desires for an official Tesla hatchback. A hatchback version of the Model 3 could boost sales, especially in European markets, but Tesla hasn't shown any official interest in this body style. Tesla recently confirmed it is working on more affordable electric vehicles, and while it didn’t specify if this...
Honda on Thursday announced plans to push its EV supply chain into Canada, in a move that it said recognizes "the long-term attractiveness of the Canadian EV manufacturing ecosystem.” The investment is significant—$11 billion U.S. dollars, including investments by joint-venture partners—but it doesn’t yet actually commit to
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion (U.S.$11 billion), for a massive new EV battery and vehicle assembly plant. Honda chief executive Toshihiro Mibe told a joint news conference with Prime Minister Justin Trudeau and other officials that electric vehicles (EVs)
Honda announced plans to invest $11 billion in Ontario, Canada, to establish a comprehensive EV value chain.
Honda is establishing Canada's first comprehensive EV supply chain
Honda plans to build two new electric crossover models by early 2028 in Ontario and will require multiple plants in more than one centralized location, says AutoForecast Solutions’ Sam Fiorani. Honda’s nearly $18-billion electrification plan for Ontario is expected to be formally announced as early as Thursday. The investment includes plants for electric vehicle and […]
SUV was VW’s most popular vehicle globally last time around, and this one takes some important steps forward
Toyota Motor Corp said Friday it will invest $1.4 billion in its factory in the U.S. state of Indiana to start producing electric vehicles from 2026, making it the company's second EV production site in the country after its Kentucky plant. The Japanese automaker will hire up to 340 new