Tesla’s credit rating is moving up to investment-grade status, with Moody’s Investors Service moving the rating up a notch to Baa3 late yesterday. The move is not a surprise as the S&P Global Ratings did […]
Polestar has officially unveiled the Polestar 3 in China. However, the electric SUV has undergone a price cut of roughly ¥‎200,000 ($39,700 CAD) from its global debut last year. The Swedish automaker first unveiled the […]
General Motors’ Cruise unit has submitted a request to the California Department of Motor Vehicles (DMV) seeking permission to test its autonomous vehicles throughout the state. The move comes as the company looks to expand […]
Ford has revealed some dealers that originally opted in to their ‘Model e’ electric vehicle (EV) certification program have decided to back out, while others have agreed to sign up after changes were made to […]
Volkswagen’s battery subsidiary PowerCo SE announced the start of construction of a new battery Gigafactory in Valencia, Spain. The new facility is part of a broader 10 billion investment by VW Group companies in Spain. […]
Volkswagen is planning to invest in mining projects as part of a wider effort to reduce the cost of battery cells, meet 50% of its own demand, and sell to third-party customers. Thomas Schmall, the […]
The Federal Government, Nova Scotia Government and Michelin jointly announced a $300 million expansion of Michelin’s Bridgewater plant. The funding secures the 1,200 jobs at the Bridgewater Michelin plant and will also see an additional […]
Cruise, which is owned by General Motors, has announced it will soon begin testing its autonomous electric robotaxi, the Origin, on public roads in Austin, Texas. During a speech at the SXSW event this week, […]
Volkswagen is not a company to be left behind, even though its response is coming a little later than the rest. The German automaker has followed Tesla’s lead in cutting its EV prices. Volkswagen likes […]
VinFast announced that the company is pushing back the start of operations for its first US plant to 2025. Although they did not go into specifics, VinFast cited a procedural delay as the reason for […]
