Honda and LG Energy will invest $4.4 billion in a joint venture battery plant in the US
29 August 2022
The batteries made there will power Honda and Acura EVs for the North American market.
- Fearghast 506
Anonymous, 30 Aug 2022Honda will be the first to go under in the EV transition. Or they won't as they are one of the last manufactures that invest heavily in EVs.
They make good, reliable ICE cars, they are starting to implement their hybrids in a lot more production than before and unless trends or legislation will push them to implement EVs faster, they will be fine.
But I agree that there is still a possibility every traditional car brand will die and cheap "china" EVs will bury them. Hopefully, a lot of manufacturers can survive the early "I blindly want a big number phase".
- 30 Aug 2022
- 0Cs
- Anonymous
Honda will be the first to go under in the EV transition.
- 30 Aug 2022
- Ibx