AutoSector.com ®

Manufacturing

Volkswagen Group And PowerCo SE Launch Search For First Gigafactory In North America

The Volkswagen Group and its battery company PowerCo SE announced that they intend to accelerate the build-up of their global battery business through rapid expansion to North America. Volkswagen CEO Oliver Blume and the Canadian Minister for Innovation, Science and Industry, François-Philippe Champagne, signed in Wolfsburg Germany an Addendum to the non-binding Memorandum of Understanding […]

Volkswagen Group And PowerCo SE Launch Search For First Gigafactory In North America Read More »

Honda To Begin U.S. Production Of Fuel Cell Electric Vehicles In 2024

Honda announced that it will produce a hydrogen fuel cell electric vehicle (FCEV) based on the recently launched Honda CR-V starting in 2024 at its Performance Manufacturing Center (PMC) in Marysville, Ohio. This new zero-emissions vehicle will contribute to Honda’s previously announced goal to make battery electric vehicles (BEVs) and FCEVs represent 100 per cent

Honda To Begin U.S. Production Of Fuel Cell Electric Vehicles In 2024 Read More »

Hyundai Motor Group Signs MOU With SK On To Secure EV Battery Supply For North America

Hyundai Motor Group has a memorandum of understanding (MOU) with SK On, an electric vehicle battery manufacturer, to secure a supply of EV batteries in North America. The signing of the MOU took place at SK Group Headquarters in Korea, participated by Heung-soo Kim, executive vice-president and head of corporate future growth planning division and

Hyundai Motor Group Signs MOU With SK On To Secure EV Battery Supply For North America Read More »

GM Expects North American EV Portfolio To Be Profitable in 2025

General Motors said that its rapidly growing portfolio of electric vehicles will be solidly profitable in 2025 in North America as the company aims to scale EV capacity to more than 1 million units annually. “GM’s ability to grow EV sales is the payoff for many years of investment in R&D, design, engineering, manufacturing, our

GM Expects North American EV Portfolio To Be Profitable in 2025 Read More »

Subaru Canada Announces 2023 Solterra EV Pricing

Subaru Canada announced the pricing for the 2023 Solterra, the brand’s first global battery-electric vehicle. Starting at $54,295 and qualifying for all Federal and Provincial rebates, where applicable, the Solterra AWD comes well equipped with standard Symmetrical All-Wheel Drive and Dual-Function X-MODE with new Grip Control that incorporates hill ascent and descent assist for increased control when off-road.

Subaru Canada Announces 2023 Solterra EV Pricing Read More »

New Hyundai 2023 IONIQ 6 Unveiled At 2022 Automobility Los Angeles

The , inspired by Hyundai’s Prophecy EV concept, made its North American Debut at AutoMobility Los Angeles. The four-door electrified streamliner with a targeted estimated driving range of 340 miles (547 km) is equipped with ultra-fast charging that can charge the battery from 10 to 80 per cent in just 18 minutes. The IONIQ 6

New Hyundai 2023 IONIQ 6 Unveiled At 2022 Automobility Los Angeles Read More »

VinFast Opens Location In Toronto’s Yorkdale Shopping Center

VinFast officially opened its first Canadian store at Yorkdale Shopping Centre in Toronto. The flagship location is part of the company’s rollout in Canada, with seven more stores set to open before year end, including two locations at CF Carrefour Laval in Quebec, and Park Royal Shopping Centre in Vancouver, British Columbia. The VinFast Store network in Canada is part of

VinFast Opens Location In Toronto’s Yorkdale Shopping Center Read More »