The Union Bank of Switzerland (UBS) called Volkswagen Tesla’s most credible rival earlier this month, and it would be hard to deny the claim, especially amidst news of new electric vehicle (EV) factories from the European company. On Monday, Volkswagen announced plans to establish six battery cell factories across Europe by 2030, according to Reuters. […]
On Monday, Canadian Prime Minister Justin Trudeau and Premier of Quebec François Legault together announced plans of an equal investment of nearly $100 million (CAD) into Lion Electric, with the money going towards the establishment of a highly-automated battery pack assembly plant in Saint-Jérôme, according to a press release. The Lion Electric project, which is […]
After an impressive start to the year, Xpeng Motors saw a dip in sales following major price cuts to the rival Tesla’s Model Y SUV. However, the Chinese company still has a lot going for it, including the support of its own government in the world’s largest auto market. Xpeng Motors was awarded 500 million […]
Norges Bank, the central bank of Norway, made massive investments in Tesla and a number of other companies at the forefront of the electrification revolution in Q4 2020 — reports Barron’s. The Norwegian bank currently manages the world’s largest sovereign-wealth fund–the Norway Government Pension Fund–and disclosed the stock investments in a form filed with the […]
On March 11, Canadian Tire announced a new project with NuPort Robotics — a Toronto-based firm that designs driver assistance technology for truckers — to equip its middle-mile semi trucks with autopilot and collision avoidance tech, according to a report from Electric Autonomy. NuPort Robotics is a Canadian firm that has established itself in the niche […]
Honda Electric SUV Concept Unveiled at Beijing Auto Show in Fall 2020. On Thursday, Honda announced plans to sell two fully-electric SUVs in the US in 2024, with hybrid gas-electric versions of many of its top-selling models also expected soon, according to Associated Press. The news comes amid an acknowledgement that the company has work […]
Earlier this year, Toyota claimed it would be announcing two new battery electric vehicles (BEVs) this year, and a new teaser image has the internet wondering if the first one will come within the week. On Thursday, Toyota released a single image teasing an upcoming X Prologue announcement, reports Autocar. The image shows a silhouetted […]
According to a press release Wednesday, electric vehicle (EV) startup Canoo Inc. will open preorders for production versions of the pickup truck in Q2 2021, with deliveries set for 2023. The vehicle premiered Wednesday at the Motor Press Guild’s Virtual Media Day (VMD), in partnership with Automobility LA. The electric pickup truck’s design features a […]
Legacy automakers are sharing their concerns, or rather, lack thereof, about the upcoming Apple Car, including a recent set of statements from Toyota’s head executive. Toyota Motors President Akio Toyoda said Thursday he would welcome Apple’s potential entry into the auto market, but also said that the tech company should prepare for many decades of […]
Talks of an Apple Car have left the internet speculating as to how to company will select a manufacturer for the upcoming, autonomous technology vehicle. As Apple prepares for its first foray into the auto market, Bloomberg posits the tech company could adopt the same strategy it used for building the iPhone – working with […]
According to a new report from Cairn Energy Research Advisors, Tesla’s lead in battery cell and battery packs, when it comes to cost, will last through 2030. “Tesla is definitely putting the hammer down on the accelerator pedal. They see this as the crucial period and they’re building out their capacities,” said Sam Jaffe, managing director […]
Just last month, the 2022 Audi e-tron Gran Turismo (GT) was announced, and now the company is already unveiling a new interior design concept for its Q4 e-tron SUV model. In a press release Tuesday, Audi released the interior concept for its new Q4 e-tron electric SUV, which features an Augmented Reality (AR) “head-up” display […]
In a press release Monday, Kia unveiled the first official images of the EV6, the company’s first dedicated battery electric vehicle (BEV). Built on the company’s new electric vehicle (EV) platform, the Electric-Global Modular Platform (E-GMP), the company also announced that it would use the simple naming convention of starting all of its BEV vehicles […]
The government of Canada announced on Monday it will invest $200,000 CAD ($158,000 USD) to install 20 new electric vehicle chargers across the Township of King, in the province of Ontario. The announcement was made by Deb Schulte, Minister of Seniors and Member of Parliament for King–Vaughan, on behalf of Seamus O’Regan Jr., Canada’s Minister of Natural Resources. […]
Tesla experimented with battery swap programming as far back as 2013, and despite the spread of recent rumors regarding a potential switch to the new model, a Vice President of the company has stated that the model is inefficient. According to CnEVPost, Tesla Vice President of external affairs Grace Tao said Saturday on Weibo the […]
