Toyota Battery Manufacturing North Carolina (TBMNC) is set to commence production at its new battery manufacturing facility, marking the company’s first in-house battery plant outside of Japan. The facility is scheduled to begin shipping batteries for North American electrified vehicles in April. This nearly $14 billion investment represents Toyota’s 11th manufacturing plant in the United […]

Audi is implementing a global standardization of its vehicle nomenclature to enhance clarity for customers. The new alphanumeric format will uniformly represent the size and positioning of each model, eliminating the previous differentiation between electric and combustion engine vehicles based on model numbers. Marco Schubert, a board member responsible for Sales and Marketing at AUDI […]

IONNA, a joint venture with major automotive manufacturers such as BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and Toyota, has announced its transition from public beta to a full-scale national release. This announcement is marked by the opening of the first IONNA Rechargery in Apex, North Carolina, along with the establishment of its headquarters […]

Volkswagen of America, Inc. has released initial pricing for the 2025 ID.4 electric vehicle, with production resuming at the Chattanooga factory. The 82 kWh models will start at $45,095 for the rear-wheel-drive Pro and $48,995 for the all-wheel-drive Pro. Models equipped with the 62 kWh battery will be available later, and all variants are expected […]

Honda has announced its strategy for manufacturing electric vehicles (EVs) by late 2025 at the newly established Honda EV Hub located in Ohio. This initiative is characterized by a flexible manufacturing approach that allows the production of internal combustion engine (ICE), hybrid-electric, and battery electric vehicles on the same assembly lines. The investment to retool […]

Acura has officially announced that its next-generation electric vehicle will be named the RSX. This new model is based on the Acura Performance EV Concept and will be the first to utilize a new electric vehicle platform developed by Honda. Additionally, the RSX will introduce Honda’s proprietary ASIMO operating system, which was unveiled at CES […]

Polestar has announced a revised strategy aimed at enhancing its operational, commercial, and financial performance as it enters a new phase of development. The updated business plan projects a compound annual growth rate in retail sales volume of 30-35% from 2025 to 2027, with expectations for a positive adjusted EBITDA in 2025. The company anticipates […]

Hyundai has announced an expansion of its complimentary home charger and charging credit offers for the 2025 Ioniq 5 lineup. Customers who purchase or lease any model from this lineup will have the option to receive either a ChargePoint Home Flex Level 2 charger or a $400 charging credit. The charger will be provided through […]

Subaru of America, Inc. has announced the introduction of the 2026 Subaru Crosstrek Hybrid, marking the third generation of this model. The new hybrid variant features a next-generation series-parallel hybrid system and standard Symmetrical All-Wheel Drive, which aims to enhance both range and capability. This hybrid powertrain is designed to integrate smoothly with the existing […]

Canoo Inc. has filed for voluntary relief under Chapter 7 of the U.S. Bankruptcy Code. This petition was submitted to the U.S. Bankruptcy Court for Delaware, which will appoint a Bankruptcy Trustee to oversee the liquidation of the company’s assets and the distribution of funds to creditors. The company, which has provided services to various […]