Premiere of New Mazda CX-90 Crossover SUV JCN Newswire

Premiere of New Mazda CX-90 Crossover SUV

HIROSHIMA, Japan, Feb 1, 2023 - (JCN Newswire via SEAPRWire.com) - On January 31 local time, Mazda North American Operations, which oversees operations of Mazda Motor Corporation in North America, unveiled the Mazda CX-90, the company's new mid-size crossover SUV.MAZDA CX-90 (US model)Mazda plans to introduce four models from its Large Product Group(1) by the end of 2023 to the global market where demand for SUVs is strong. Following the CX-60 released last year, the CX-90 is the second model in Mazda's Large Product Group and offers a significant evolution in environmental and safety performance and greater joy of driving. The CX-90's launch enhances Mazda's SUV lineup, enabling the company to meet customer needs and the particularities of each market. The CX-90 also gives a further boost to Mazda's business and brand.The CX-90 is a crossover SUV newly developed in light of features that customers in the important North American market demand. Based on the "For the Voyage of Your Life" concept, this wide-body three-row SUV offers greater comfort, functionality, and safety performance, making driving more enjoyable and travel with several friends and family more pleasant. This new flagship model makes its debut in the United States this spring.The CX-90 design expresses a feeling of vitality rooted in Mazda's KODO or "Soul of Motion" design theme. The aesthetic of subtraction or "less is more" produces a simple shape and realizes dynamic and majestic proportions. The interior is an expression of Japanese aesthetic throughout, incorporating the dynamism of light and natural materials in an orderly elegant space.For the powertrain, Mazda will offer a new turbocharged 3.3-liter inline six-cylinder gasoline engine augmented by a 48-volt mild hybrid system as well as a plug-in hybrid system e-SKYACTIV PHEV comprising a 2.5-liter in-line four-cylinder gasoline engine. In combination with the new rear-biased AWD architecture, the CX-90 offers superior environmental performance while honoring the driver's intentions.Mazda also focused meticulous attention on creating a comfortable environment for all on board. The interior space has been enlarged around all seats. The third row is designed to seat three(2) and equipped with its own air conditioning vents. In addition, the CX-90's enhanced configuration reinforces towing performance, which together other amenities boosts its functionality, enabling the driver and passengers to enjoy a variety of settings and experiences during the drive.Furthermore, inclusion of See-Through View(2), capable of intuitively discerning information necessary for vehicle operation, as well as a large active driving display(2) support safe vehicle operation and enhance the driver's peace of mind.In moving toward 2030, Mazda will continue research based on the company's human-centered philosophy, create more moving experiences for people to enjoy as they move about in their daily life, and deliver greater enjoyment to everyday life, uplifting and energizing people.(1) The primary markets where the Mazda CX-60 and CX-80 will be introduced are Europe, Japan, and other regions. The Mazda CX-70 and CX-90 will mainly be launched in North America and other regions.(2) Configuration varies according to vehicle grade. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
More
LG Energy Solution and Honda Formally Establish Battery Production Joint Venture JCN Newswire

LG Energy Solution and Honda Formally Establish Battery Production Joint Venture

TOKYO, Jan 16, 2023 - (JCN Newswire via SEAPRWire.com) - LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (Honda) today announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda.The JV will begin construction of a new battery plant early this year with the goal of completion by the end of 2024 and starting mass production of advanced lithium-ion battery cells by the end of 2025. The plant aims to have an annual production capacity of approximately 40GWh. All batteries produced by the new JV will be supplied exclusively to Honda plants in North America to power battery-electric vehicles sold in North America. The new plant will be located approximately 40 miles southwest of Columbus in Fayette County, near Jeffersonville. LGES and Honda have committed to investing $3.5 billion and creating 2,200 jobs to establish the new production facility. The companies' overall investment related to the JV is projected to reach $4.4 billion.About the new JV:Company name:L-H Battery Company, Inc. (tentative name)Location:Jeffersonville, Ohio, U.S.A.Capital:$ 210 million USD (Percentage of ownership: 51% LGES, 49% Honda)Corporate officers:Robert H. Lee, CEO (Currently Executive Vice President, North America Regional Group Leader of LGES)Rick Riggle, COO (Previously Plant Lead of Anna Engine Plant of Honda Development and Manufacturing of America)Comments by Robert H. Lee, CEO of L-H Battery Company, Inc."LG Energy Solution has all the right assets to make this joint venture a success, including the financial stability, quality, competitiveness, and production capacity with global operational expertise," said Robert H. Lee. "With two companies' expertise combined, we will provide top quality batteries to ensure the successful launch of Honda EVs in North America, and grow with the community here in Ohio by creating high value jobs."Comments by Rick Riggle, COO of L-H Battery Company, Inc."The formal establishment of this joint venture between LG Energy Solution and Honda to produce EV batteries in Ohio is another major step toward our electrified future," said Rick Riggle. "We are excited to move forward with such a strong partner in LG Energy Solution and, together, we look forward to establishing a strong relationship with the community in Fayette County, Ohio."About LG Energy SolutionLG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 25,000 patents. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V., Hyundai Motor Group, and Honda Motor Co. Ltd. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit www.lgensol.com.About Honda Motor Co., Ltd.Honda Motor Co., Ltd. (NYSE: HMC) is responsible for the development, production and sales of automobiles, motorcycles, power products and aviation products worldwide. Honda now delivers over 30 million products annually through its three product lines. Honda and its partners build products in more than 60 manufacturing plants in 27 countries, employing about 220,000 associates globally. On a global basis by 2050, Honda is striving to achieve carbon neutrality for all products and corporate activities, as well as zero traffic collision fatalities involving Honda automobiles and motorcycles. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)
More
Toyota: GR Models to be Exhibited at the 2022 Specialty Equipment Market Association (SEMA) Show JCN Newswire

Toyota: GR Models to be Exhibited at the 2022 Specialty Equipment Market Association (SEMA) Show

TOKYO, Nov 2, 2022 - (JCN Newswire via SEAPRWire.com) - Toyota Motor North America (TMNA) announced at the SEMA (Special Equipment Market Association) Show in Las Vegas, Nevada on November 1, 2022, the "GR COROLLA RALLY CONCEPT", the "GR SUPRA '10-SECOND TWINS'", planned and built by Toyota Motorsports Garage, the "GR86 DAILY DRIFTER", a drifting concept car created by Larry Chen, and the "GR86 CUP CAR", a cup car for the "GR Cup", a one-make race to be held by TOYOTA GAZOO Racing North America (hereinafter referred to as TGRNA) from 2023.TOYOTA GAZOO Racing, which promotes making ever-better motorsports-bred cars, will present the GR lineup reflecting the knowledge gained from the challenges and victories of racing and rallying in the development of production vehicles and concept models at the show, the largest event for automotive customization enthusiasts in North America.For more information, visit https://global.toyota/en/newsroom/toyota/38172289.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
More