Latest News

New Street Research raises Tesla price target as shares reach all-time high
New Street Research analyst Pierre Ferragu has raised his price target for Tesla from $530 (which it has already passed) to $800 on Tuesday, continuing his long-term Tesla bull status. Following the news, Tesla shares […]

Deal reached between Tesla and state of Michigan to allow for direct sales and service centres
In what is seen as a victory for Tesla, they have reached a settlement with the state of Michigan that would allow the California automaker to sell vehicles directly to consumers and open service centres […]

Subaru CEO says there’s no demand for electric vehicles in the US after poor sales for their PHEV Crosstrek
After averaging unit sales of about 300 per month for their plug-in hybrid Crosstrek SUV (27 km on the electric motor), Subaru Corp. CEO Tomomi Nakamura said he doesn’t see much evidence that Americans are […]

Tesla officially responds to ‘Unintended Acceleration’ complaints and NHTSA probe and sets the record straight
Late last week it was announced the NHTSA had received a petition requesting an investigation into ‘unintended acceleration’ in Tesla vehicles. It was later discovered that the petition was filed by Brian Sparks, someone who […]

Small city outside Vancouver considering fees at public EV charging spots
The small City of Powell River on the Sunshine Coast will soon be implementing a user fee of $2 per hour for anyone who uses the city-owned electric vehicle (EV) charging stations. According to city […]

The first hybrid electric BC Ferries arrive in Canadian waters
After recently announcing plans to convert the entire BC Ferries fleet to electric, their first hybrid electric ferries arrived in Canadian water this past weekend. The two Island Class vessels arrived at Ogden Point in […]