Tesla has agreed to pay a $1.5 million settlement over allegations of mishandling hazardous waste across its California facilities. The lawsuit, brought forward by district attorneys from 25 counties, accused Tesla of improper disposal and […]
BMW has declared a pivotal shift in its business strategy, acknowledging that the era of peak sales for its gasoline-powered luxury cars has passed. With an eye on the future, BMW is now focusing its […]
Honda is reportedly considering investing $18.4 billion in an electric vehicle (EV) and battery plant in Canada. The move is part of Honda’s efforts to gain ground in the rapidly evolving EV market. According to […]
As the automotive industry accelerates towards an electrified future, a divide is emerging among Ford dealerships across the United States. Approximately half of Ford dealers, totaling 1,550, have opted to continue selling hybrid and internal […]
In 2023, Tesla strengthened its position, showing strong results despite the unstable economic situation. Wedbush analyst Dan Ives expects the company to be worth a trillion dollars in 2024 and boosted his price target on […]
Hyundai Canada announced this week that the 2024 Hyundai Kona Electric will start at $46,399 and be available in two trims. The Preferred Trim is the base model and starts at $46,339. While the Ultimate […]
Nissan has announced plans to invest up to £3 billion ($3.8 billion) into its British electric vehicle (EV) business. The majority of this investment, approximately £2 billion ($2.5 billion), will be directed toward upgrading its […]
The Indian government is reportedly on the verge of finalizing an agreement with Tesla, a move which would finally allow automaker to import its electric vehicles (EVs) into the country starting as soon as next […]
BYD is one of the big names at the ongoing Guangzhou Auto Show, where it revealed the Sea Lion 07, a mid-size electric SUV coupe. The new EV is considered a direct competitor of the […]
A new report from the Parliamentary Budget Office (PBO) reveals that provincial and federal support for electric vehicle (EV) battery manufacturing in Canada will surpass initial government projections by $5.8 billion. The report, released on […]
