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🚗 Four Automaker Moves Worth Watching This Week

Honda adds $3B in U.S. investment, Lucid gets a major liquidity boost, and BMW’s new i3 takes top honors.

Author

John Rooney
November 12, 2026

In partnership with

5-MINUTE BRIEFING


Honda’s $3B Bet

Expanding its North American electrification strategy, Honda is investing $3 billion in a new Ohio plant and upgrading facilities across three states to boost hybrid vehicle and powertrain production, while maintaining flexibility to build future battery-electric models.

TOP EV NEWS

Lucid’s Turnaround
Demonstrating progress in its turnaround strategy, Lucid reports a 30% sequential reduction in third-quarter cash consumption, $350 million in revenue, and a $1.75 billion liquidity boost through expanded PIF support.

BMW i3 Wins
Earning top honors in the 2026 Golden Steering Wheel Awards, BMW’s all-electric i3 takes first place in the Mid-size Cars category, showcasing Neue Klasse technology, up to 567 miles of range, and ultra-fast 400 kW charging.

RAV4 Goes Plug-In
With hybrid and plug-in hybrid options across its fully electrified 2027 RAV4 lineup, Toyota adds NACS fast-charging capability and up to 52 miles of all-electric range

Harbinger Raises $240M
Fueling its expansion in EV manufacturing and electrification technologies, Harbinger secures $240 million in Series D funding to accelerate growth across commercial transportation, energy storage, and other industries.

$614B Grid Savings
Highlighting the value of EV smart charging, The Brattle Group and The Pew Charitable Trusts find that expanding distributed energy resources could save the U.S. power system $614 billion through 2050.

Nevada Lithium Advances
Advancing domestic lithium production for the EV battery market, Century Lithium’s Angel Island project in Nevada clears a key BLM milestone and moves closer to environmental review.

EV Speed Record
Reaching a record-breaking 312.65 mph in the YANGWANG U9 Xtreme, Giti Tire secures a Guinness World Records title for its high-performance EV tires.

Favorite Family Vehicle
Earning its second “Favorite Family Vehicle” award this year, Kia’s 2027 Telluride Hybrid receives top honors at MAMA’s Fall Fest.

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OPEN ROLES THIS WEEK

*If you’re using Outlook, click “Read Online” at the top to see the video links above.

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