HONDA AND HYUNDAI ARE SWINGING HARD FOR THE EV FENCES, SPENDING BILLIONS ON BATTERIES AND SOFTWARE

EV Channels Review

This video provides a comprehensive overview of significant investments and developments in the EV sector from Honda, Hyundai, and Polestar. Honda's commitment to North American EV production is highlighted with a substantial investment in a new battery plant in Ohio, aiming for tax credit eligibility and supporting future EV models based on their new e-architecture platform. Hyundai is making a major push into software-defined vehicles, promising over-the-air updates, new EV platforms (EM and ES) by 2025 with a claimed 50% increase in range (up to 450 miles), and advanced autonomous driving features. The Polestar 3 is presented as a premium, high-performance EV SUV, with dual-motor configurations, advanced features like electric torque vectoring, and a starting price of $85,300. While production begins in China, US production is slated for early 2024, with hopes of qualifying for tax credits. The reviewer expresses excitement for Hyundai's range and software advancements and notes the Polestar 3's impressive specs, though questions its high price point and initial Chinese manufacturing.