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Honda to invest $23 million in Marysville plant expansion


Honda of America Manufacturing will invest $23 million to expand its Marysville, Ohio plant where it will build the 2014 Accord Hybrid, the company announced. Honda Motor Company's U.S. unit will hire about 50 workers for production of the hybrid sedan, which is scheduled to go on sale this autumn. The Accord Hybrid will be the third hybrid built by Honda ...
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Fisker Lost $30M Due to 300 Karmas Destroyed by Hurricane
Fisker announced it had lost more than $30 million when Hurricane Sandy flooded a shipment of Karma plug-in hybrids. When Hurricane Sandy hit the US East Coast, it had destroyed 300 ...
Chrysler Temporarily Stops EV Testing
Chrysler announced it will temporarily suspend testing of the plug-in hybrid electric vehicles. The automaker took the decision to stop the testing after three of the vehicles suffered damages when their ...
US Invests $7.5 Billion by 2019 to Boost Electric Car Production
The US government will spend $7.5 billion by 2019 on federal policies to promote EVs, a project which will have ‘little or no impact’ on the national gasoline consumption. Almost 25% ...
Japanese Companies Make Partnership to Create Cutting-Edge Lithium-Ion Batteries
Reports indicate that in Japan companies have started to ally to mass-produce a cutting-edge lithium ion battery material, for domestic use and export. Itochu, Kureha and Kuraray are bonding with Innovation ...
BMW to start selling the i3 and i8 online
BMW has decided to sell cars online for the first time, in an attempt to reach more customers in a rather inexpensive way. And what better models to be first sold ...
China Focuses More On Plug-In Electric Vehicles
The Chinese government expects PEV sales to reach 500,000 units annually by 2015. China, the world’s largest auto market, currently focuses on the plug-in electric vehicle, offering many national and local ...
Major carmakers agree on fast charging system
Seven automakers, including General Motors, Ford, BMW, VW Porsche and Daimler Ag have agreed to adopt a fast-charging system that can charge electric vehicles and plug-in hybrids in as little ...
Panasonic to supply Ford with Lithium-ion Battery Cells
Panasonic Corporation, the Japanese multinational consumer electronics corporation, on Friday announced that it will supply lithium-ion battery cells for Ford Motor Company's hybrid and plug-in hybrid vehicles. Therefore, the upcoming models ...
Ford May Build Electric Cars in China
Ford Motor Co. may build electric cars with its partner in China as the auto industry moves toward producing more fuel-efficient vehicles, Chief Executive Officer Alan Mulally said. Why are foreign ...

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