BYD Plans to Start Producing Electric Vehicles in Brazil Before March 2025

BYD Plans to Start Producing Electric Vehicles in Brazil Before March 2025

On Monday evening local time, the Brazilian government issued a notice announcing that the country’s President Luiz Inácio Lula da Silva met with Stella Li, Vice President and CEO of BYD Americas at the Planalto Palace to receive a briefing on BYD’s plan to produce the first batch of electric vehicles in Brazil by March 2025. Simply put, BYD plans to create 10,000 direct job opportunities for its new factory in Brazil from January to August 2025 and aims to create a total of 20,000 jobs by...
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Cebu City plans to phase out old buses for electric vehicles

Cebu City plans to phase out old buses for electric vehicles

THE Cebu City Government is planning to gradually replace its fleet of old government buses with electric vehicles. This was announced by Acting Mayor Raymond Alvin Garcia on Monday, Sept. 16, 2024. The initiative aims to reduce the city’s carbon footprint and align with Republic Act 11697, or the Electric Vehicle Industry Development Act, which requires government agencies, including local government units, to convert at least 10 percent of their fleet to electric vehicles. Garcia revealed th...
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Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada

Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada

Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada – Honda to strengthen electric vehicle supply system and capability with an eye toward a future increase in EV demand in North America– Honda to support global initiative to make BEVs and FCEVs represent 100% of vehicle sales by 2040 by investing approximately CAD$15 billion, including investment by joint venture partners, to build a comprehensive electric vehicle (EV) value chain in Canada–...
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