Nissan Suspends Development Of New Electric Vehicle

Slumping demand for electric vehicles and the incredibly large losses per electric vehicle sold have many automakers reassessing their electric vehicle plans. Nissan, one of the first traditional brands to launch an electric car, has become the latest automaker to announce updated plans for its electric vehicle future. Source: Cars Direct

Honda’s HPD Transforms Into HRC US, Contributing To The Development Of F1

Honda and Acura enthusiasts are likely familiar with Honda Performance Development, or HPD for short. Well, say goodbye to HPD. Because from now on, it will be HRC US. HRC stands for Honda Racing Corporation, and since HRC Japan already exists, it is a sister group called HRC US. … Source: www.autoblog.com

Polestar 3 Development Is Nearly Complete, With U.S. Production Scheduled To Begin In The First Quarter Of 2024

The electric midsize SUV has just completed two weeks of extreme heat testing in the United Arab Emirates. The Polestar 3 electric midsize SUV was announced in October 2022, but its market debut is still many months away. Production of the Polestar 3 for the U.S. market is scheduled to begin in the first quarter of 2024 at Volvo Cars’ Read More