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Showing posts with the label electric car

Sony and Honda introduced their new electric vehicle brand, Afeela, at CES

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Sony and Honda said almost a year ago that they wanted to work together to make and sell  electric  vehicles. They have now shown off a prototype of their product, which they are selling under the name Afeela. The four-door sedan was driven onstage at CES on Wednesday as Sony CEO Kenichiro Yoshida discussed the company's mobility philosophy, which prioritizes building vehicles with autonomous capabilities that can be transformed into "moving entertainment spaces." The Afeelas will be available for preorder in the first half of 2025, with sales beginning the following year, according to Yoshida. The first shipments will be made to North American customers in the spring of 2026.. Honda Sony afeelas  Sony and Honda have previously stated that the new EV will be manufactured initially at Honda's North American factory and will have Level 3 automated driving capabilities under limited conditions. Level 3 autonomy means that the car can drive in situations such as traffic...

Volkswagen nearing agreement to sell Electrify America stake to Siemens

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  Volkswagen is close to selling minority stake in its US EV charge business to an arm of Siemens AG, a deal which would value the  network  at over $2 billion, according to sources. A stake sale in Volkswagen’s Electrify America LLC would generate additional financing as part of a strategy to more than double the number of EV charging stations that Electrify America operates across the US and parts of Canada to 1,800 by 2026. Electrify America, based in Reston, Virginia, also offers EV charging stations for use at home. According to sources, Germany-based Siemens would invest in its Siemens Financial Services subsidiary. The deal would complement Siemens’s existing operations in the EV charging sector. In August 2021, the technology and engineering firm said it plans to expand its manufacturing operations in the US to make over 1 million EV chargers for that market over the next four years. Bets on EV charging networks are supported by a doubling of EV  auto  s...