Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Prologue, Honda’s first electric SUV, is coming to market in 2024

Honda said Monday it will sell its first electric SUV in North America in early 2024, part of the automaker’s push to shift away from gas-powered vehicles before the middle of the decade. The new car’s name, Prologue, is meant to signify the beginning of what the company called its “new electrified era.”

Prologue is one of two forthcoming Honda vehicles that will use General Motors’ Ultium Cells EV platform and battery packs. The other, yet unnamed car, will be under the Acura brand and will also debut in 2024. GM will also manufacture the two vehicles at its North American facilities, as part of a long-running partnership between the two OEMs.

The automaker is keeping quiet about key details of the new SUVs, including the price and even what the car will look like. But it will enter a competitive electric SUV market, up against rivals such as Tesla’s Model Y, the Ford Mustang Mach-E, and Volkswagen’s ID.4.

Honda joined other automakers, including GM and Volvo, in setting ambitious electrification targets. GEO Toshihiro Mibe in April set an escalating target for its global battery and fuel cell electric sales of 40% by 2030, 80% by 2035 and completely phasing out internal combustion engine sales by 2040. As part of that target, Honda said it has plans to develop its own EV platform, dubbed e:Architecture, for EV models launched in the second half of the decade.

Honda separately announced on Monday that it had entered into an agreement with Battery Resourcers to recycle batteries from Honda and Acura EVs. These batteries will initially be processed at the recycling firm’s site in Worcester, Massachusetts, and then at a commercial scale plant that the company says will be operational in 2022. Battery Resourcers recently raised a $20 million Series B to scale its operations, including opening the new plant.

Comments

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...

Leading VCs discuss how COVID-19 has impacted the world of digital health

In December 2019, Extra Crunch spoke to a group of investors leading the charge in health tech to discuss where they saw the most opportunity in the space leading into 2020 . At the time, respondents highlighted startups in digital therapeutics, telehealth and mental health that were improving medical practitioner efficiency or streamlining the distribution of care, amongst a variety of other digital health markets that were garnering the most attention. Where top VCs are investing in digital health In the months since, the COVID-19 crisis has debilitated national healthcare systems and the global economy. Weaknesses in healthcare systems have become clearer than ever, while startups and capital providers have struggled to operate while wide swaths of the market effectively shut down. Given significant volatility and the rapid changes seen in the worlds of healthcare, venture and startups broadly, we wanted to understand which inefficiencies might have been brought to light, w...

News-reading app Flipboard expands local coverage, including coronavirus updates, to 12 more U.S. metros

Earlier this year, personalized news aggregation app Flipboard expanded into local news . The feature brought local news, sports, real estate, weather, transportation news and more to 23 cities across the U.S. Today, Flipboard is bringing local news to 12 more U.S. metros and is adding critical coronavirus local coverage to all of the 35 supported locales. The 12 new metros include the following:  Baltimore, Charlotte, Cleveland, Detroit, Indianapolis, Nashville, Pittsburgh, Orlando, Raleigh, Salt Lake City, St. Louis, and Tampa Bay. They join the 23 cities that were already supported:  Atlanta, Austin, Boston, Chicago, Dallas, Denver, Houston, Las Vegas, Los Angeles, Miami, Minneapolis-St. Paul, New Orleans, New York City, Philadelphia, Phoenix, Portland, Sacramento, San Diego, San Francisco Bay Area, Seattle, Toronto, Vancouver and Washington, D.C. To offer local news in its app, Flipboard works with area partners, big and small, like The Plain Dealer’s Cleveland.com , ...