Tagged: eV

China offers incentives to boost old car replacements, analysts expect up to 2 million additional sales

China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.

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Honda commits to $11B EV hub in Canada, to start in 2028

Honda 0 Saloon conceptHonda on Thursday announced plans to push its EV supply chain into Canada, in a move that it said “represents recognition of the long-term attractiveness of the Canadian EV manufacturing ecosystem.” The investment is significant—$11 billion US, including investments by joint-venture partners—but it doesn’t yet...