Last month the Government of Nova Scotia announced $9.5 million in funding for a new electric vehicle (EV) incentive program. Announced on February 24, the Electrify Nova Scotia Rebate Program is now officially open and […]
The Government of Prince Edward Island (PEI) announced their new operating budget today, revealing plans to help increase electric vehicle (EV) adoption. Along with investments in healthcare and childcare, the 2021-2022 PEI provincial budget allocates […]
In an earnings call, Fiat Chrysler stated that in 2020, it spent $362 million USD ($458 million CAD) on regulatory credits in Europe. For automakers who struggle to meet Europe’s CO2 emission standards, they can […]
Steve Westly, a former Tesla board member, told CNBC that Tesla will soon be facing intense competition in the electric vehicle industry. Tesla is currently the leader in the EV sector, generating $31.5 billion in […]
Despite the country’s role in the global supply chain, Australia is one of the slowest adopters of electric vehicles. The world saw a 43% surge in the sale of EVs, accounting for 3.2 million sales. […]
Fresh off raising $253 million in funding earlier this month, Highland Electric Transportation has secured the single largest order for electric school buses in North America. The deal, worth $169 million over 16 years, will […]
Ontario based Magna International announced it has broken ground on a new electric vehicle (EV) battery manufacturing facility in St. Clair, Michigan. The 345,000 square foot facility, named Magna Electric Vehicle Structures, will manufacture complex […]
In an attempt to boost electric vehicle (EV) adoption in the province, Nova Scotia has announced $9.5 million in funding for a new EV incentive program. Rebates of up to $3,000 will be available on […]
Tesla surprised almost everyone by announcing last month they had purchased $1.5 billion worth of Bitcoin. Along with the purchase, the automaker said they would soon accept the cryptocurrency as a form of payment for […]
In an attempt to help fund its future in electric vehicles (EVs), Volkswagen Group is reportedly considering an initial public offering (IPO) of Porsche. Citing confidential sources at VW, Manager Magazin reported the deal could […]
