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 […]
Montreal based electric jet-ski and snowmobile maker Taiga Motors has announced its plans to go public via a merger with a special purpose acquisition company (SPAC). Taiga Motors, founded in 2015, plans to merge with […]
Much of Texas is experiencing record low temperatures. The frigid cold has meant increased demand on the state’s electricity grid, causing it to buckle under the pressure leaving as many as 4 million Texans without […]
Electric automaker Rivian is seeking to go public with an IPO valuation of more than $50 billion. According to a report by Bloomberg, Rivian has been in discussions with banks about the possible IPO, but […]
Amazon announced in a blog post Tuesday it has officially started testing its new Rivian electric delivery van in Los Angeles. In December Drive Tesla shared the first video of one of the vans delivering […]
General Motors announced this morning plans to be carbon neutral by 2040 in its global products and operations. To help get there, the automaker will end production of gas powered light-duty vehicles by 2035. The […]
Translink has announced plans to add 15 electric buses to its fleet to help reduce its greenhouse gas (GHG) emissions by 45% by 2030. The deal will also be all Canadian. With funding from the […]
Tesla and other electric vehicle (EV) makers in the US are happy today as President Joe Biden announced the entire federal fleet of vehicles will be replaced with American-made EVs. According to the US General […]
Rivian has announced it has secured another $2.6 billion in funding as it nears the launch of its first electric vehicles (EVs). In a statement Tuesday, the automaker said the latest funding round was led […]
General Motors Canada and Unifor Local 88 announced yesterday they have reached a tentative deal that would see the automaker invest $1 billion in Ontario. The deal will involve the large-scale commercial production of a […]
