All posts tagged: Honda

Honda, Hyundai, Ford, Kia EV sales climb higher in January

Honda, Hyundai, Ford, Kia EV sales climb higher in January

Several automakers, including Honda, Hyundai, Ford, and Kia, reported higher EV sales in the US in January. Here’s a look at some of the top-selling EV models (outside of Tesla) last month. EV sales in the US by model in January 2025 With nearly 133,000 electric vehicles sold in December, EVs accounted for 8.8% of new car sales in the US, a new record. According to Cox Automotive’s Kelley Blue Book, the strong end-of-year sales helped push total EV sales to 1.3 million in 2024, up 7.3% from 2024. With Trump reportedly planning to end electric vehicle incentives, like the $7,500 federal tax credit, demand is expected to pick up as buyers look to lock in the savings before they disappear. Several automakers reported US sales numbers for January, giving us a better idea of how the EV market is playing out. Ford sold 5,666 EVs last month, up 21% and a new January record. The Mustang Mach-E had its best January with 3,529 models sold, up 173% from January 2024. Last year, the Mach-E …

Honda And Nissan To Work Toward Merger That Would Make Them World’s Third Largest Automaker

Honda And Nissan To Work Toward Merger That Would Make Them World’s Third Largest Automaker

As China continues its dominance over the global market, EVs continue to play a central role in changing the business and global economies slow down, Honda and Nissan have announced plans to merge, according to AP. The resultant company would be world’s third-largest automaker by sales, according to the report. On Monday the two companies announced they had signed a memorandum of understanding to integrate their businesses, with Mitsubishi Motors also joining the discussions. Facing competition from EV leaders like Tesla and China’s BYD, Japanese automakers are uniting to cut costs and accelerate their transition to electric vehicles. Honda’s president, Toshihiro Mibe, stated the companies plan to form a joint holding company, maintaining their brands while Honda leads management. A merger agreement is targeted for June, with the holding company expected to list on the Tokyo Stock Exchange by August 2026. There is still to study and discuss, Mibe said. He commented: “Frankly speaking, the possibility of this not being implemented is not zero.” “We have come to the realization that in order for both parties to be …

Model Y loses top sales spot as Walmart goes solar

Model Y loses top sales spot as Walmart goes solar

On today’s energizing episode of  Quick Charge, judges rule that Montana’s companies owe their kids a cleaner future, the Dacia Sandero looks set to overtake the Tesla Model Y in the European sales race, and a bunch of other stuff. We’ve also got two brand-new, zero-emission Honda EVs set to debut at the CES show in January, a new and better way to recycle electric car batteries developed by BMW, and a massive new solar project being bankrolled by Walmart. Source Links Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple Podcasts, Spotify, TuneIn, and our RSS feed for Overcast and other podcast players New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news! Got news? Let us know!Drop us a line at [email protected]. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show. FTC: We use …

Honda Prelude is BACK! Hybrid-Electric and Coming to the US

Honda Prelude is BACK! Hybrid-Electric and Coming to the US

The automotive world is buzzing with excitement as Honda announces the triumphant return of the iconic Prelude, this time as a hybrid-electric sports coupe. Set to debut as a sixth-generation model, the new Prelude promises to seamlessly blend Honda’s rich legacy of sporty performance with the latest advancements in hybrid technology. First introduced in 1978, the Prelude has long been a favorite among driving enthusiasts, known for its sleek design, nimble handling, and engaging driving dynamics. Its return marks a significant milestone in Honda’s ongoing electrification strategy, which aims to reduce the brand’s carbon footprint while still delivering the thrilling performance that fans have come to expect. The new Prelude will be powered by Honda’s award-winning two-motor hybrid powertrain, offering an optimal balance of efficiency and excitement, making it a compelling choice for eco-conscious driving enthusiasts. Innovative Features: Honda S+ Shift One of the most anticipated features of the new Prelude is the introduction of Honda S+ Shift, a groundbreaking drive mode that takes the hybrid sports coupe driving experience to new heights. This innovative …

Honda to develop bn EV hub and battery plant in Canada

Honda to develop $15bn EV hub and battery plant in Canada

Honda has revealed it will invest $15bn to build an EV production and EV battery plant in Ontario, Canada. The company unveiled plans to create an innovative and environmentally responsible EV value chain in Canada. The multi-billion dollar investment will cover all aspects of the value chain, helping Honda accelerate production capabilities through a stand-alone battery plant that will produce the cells essential for the separate EV production facility. The Honda EV value chain will also include a cathode active material and precursor (CAM/pCAM) processing plant through a joint venture with POSCO Future M Co., Ltd. And a separator plant in collaboration with Asahi Kasei Corporation. The company has begun evaluating the investment and is working to complete negotiations with its joint partners, with the work expected to be finalised in the next six months. Commenting on Honda’s Canadian EV value chain plans, Toshihiro Mibe, Global CEO of Honda, said: “Honda is making progress in our global initiatives toward the realisation of our 2050 carbon neutrality goal. In North America, following the initiative to establish …

Honda to build 240K EVs a year with historic B investment

Honda to build 240K EVs a year with historic $11B investment

Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually. Honda reveals game changing investment to build EVs Honda announced its largest investment in Canada ever as it prepares for the electric era. The plans for a new Honda EV plant and stand-alone EV battery factory in Alliston, Ontario. Once fully operational, the EV facility will be able to produce 240,000 EVs a year, while its battery plant will have capacity of 36 GWh per year. Production is expected to begin in 2028. According to a press release from the prime minister’s office, Honda will build Canada’s first comprehensive EV supply chain. The project will include four new manufacturing plants in Ontario. In addition to the EV plant and battery factory, Honda will build a cathode active material and precursor plant through a joint venture …

Honda Commits to E.V.s With Big Investment in Canada

Honda Commits to E.V.s With Big Investment in Canada

Honda Motor on Thursday said it and several suppliers would invest $11 billion to build batteries and electric cars in Ontario, a significant commitment from a company that has been slow to embrace the technology. Like Toyota and other Japanese carmakers, Honda has emphasized hybrid vehicles, in which gasoline engines are augmented by electric motors, rather than cars powered solely by batteries. The Honda Prologue, a sport-utility vehicle made in Mexico, is the company’s only fully electric vehicle on sale in the United States. But the investment adjacent to the company’s factory in Alliston, Ontario, near Toronto, is a shift in direction, raising the possibility that Honda and other Japanese carmakers could use their manufacturing expertise to push down the cost of electric vehicles and make them affordable to more people. “This is a very big day for the region, for the province and for the country,” Prime Minister Justin Trudeau said at an announcement event in Alliston, where Honda manufactures the Civic sedan and CR-V S.U.V. The investment, which will create 1,000 new jobs, …

US NHTSA upgrades probe into braking issues in 3 million Honda vehicles

US NHTSA upgrades probe into braking issues in 3 million Honda vehicles

:The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it had upgraded its probe into reports of unexpected activation of automatic emergency braking systems in around 3 million Honda Motor vehicles to an engineering analysis. An engineering analysis is a mandatory requirement before the auto safety regulator can potentially demand a recall. The probe includes the Japanese automaker’s popular Accord sedans and CR-V crossover SUVs. The NHTSA said it had received 2,876 consumer complaints, and reports of 93 injury incidents and 47 crashes involving Honda cars with unique vehicle identification numbers that may be related to the issue. The regulator had opened a preliminary evaluation into about 1.7 million Honda vehicles in February 2022 to assess claims that the automatic emergency braking system activated with no apparent obstruction in the vehicle’s path. While the preliminary evaluation covered 2017-2019 Honda CR-V and 2018-2019 Honda Accord vehicles, the NHTSA has expanded the probe to include 2020-2022 models of the Honda CR-V and Accord vehicles as well. Honda did not immediately respond to a Reuters request …

Honda launches next-gen EV brand in China to take on BYD

Honda launches next-gen EV brand in China to take on BYD

Can Honda turn things around in China? Domestic automakers like BYD are dominating the market. Meanwhile, Honda unveiled its next-gen EV brand “Ye” with the debut of the first set of models, including a pair of electric SUVs and a sporty GT model. Honda unveils new Ye EV brand in China to boost sales After sales fell 10% in China last year, Honda looks to jumpstart the brand with its new EV brand. The new “Ye” series was unveiled in China on Tuesday, making it Honda’s third brand in the country after e:N and Lingxi. Honda plans to launch six new Ye vehicles by 2027. Honda’s Ye brand will wear a new “H mark” to represent its next-gen EVs. The company said its new models are designed to offer more value to customers in China. They will be based on a newly developed dedicated EV platform tailored for the Chinese market. The first two models are crossovers, the Ye P7 and Ye S7, which will go on sale by the end of the year. Based …

Nissan, Honda confirm EV partnership to play catch up with BYD

Nissan, Honda confirm EV partnership to play catch up with BYD

It’s official. Nissan and Honda are forming a new EV partnership after falling behind leaders like Tesla and China’s BYD. Will working together help turn things around? Nissan and Honda form EV partnership to keep pace Yesterday, Electrek reported that Nissan and Honda were considering partnering up to introduce more affordable EVs. Sources at Nissan told Nikkei the automaker was looking to team up with Honda to discuss joint battery and EV development. Nissan and Honda made the partnership official Friday, signing a memorandum of understanding (MOU) to advance EV and software development. The Japanese automakers will explore new software platforms, EV components, and other related tech. Nissan’s CEO, Makoto Uchida, said it’s “important to prepare for the increasing pace of transformation in mobility in the mid-to-long term.” Uchida explained that the partnership with Honda is “significant” given that the two “face common challenges.” Toshihiro Mibe, Honda’s CEO, said the company will see if combining tech and knowledge “will enable us to become industry leaders by creating new value.” Nissan Ariya (Source: Nissan) With Nissan …