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 […]
A filing with the United States’ Security and Exchange Commission (SEC) has confirmed SpaceX has received $850 million in funding. Sequoia, an investment firm, has also contributed over $600 million to SpaceX. In addition, with […]
Lucid Motors has been making headlines this week after announcing plans to go public through a merger with Churchill Capital Corp IV, valuing the automaker at $24 billion. At the same time it announced the […]
Brisk electric vehicle (EV) sales combined with a pandemic has unfortunately resulted in the perfect storm for British Columbia’s EV incentive program. The province is one of the few in Canada that offers an additional […]
Hyundai Motor has announced it will replace the batteries in 82,000 of their electric vehicles (EVs) due to fire risks. The recall impacts two of Hyundai’s consumer EVs. Approximately 76,000 Kona EVs built between 2019 […]
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 […]
Across the United States, Lordstown Motors Corp. has pre-sold 100,000 fully electric pickup trucks. “Our initial foray is into fleets, and we have pre-sold 100,000 of these vehicles to various fleets across America — really […]
Hyundai has officially unveiled the Ioniq 5, a stylish crossover utility vehicle (CUV) with impressive figures for their first attempt at an all-electric vehicle. Design Probably the most notable feature of the Ioniq 5 is […]
Elon Musk revealed that SpaceX‘s internet service, Starlink, will double its speed and drop its latency sometime in 2021. “Speed will double to ~300Mb/s & latency will drop to ~20ms later this year,” Musk said […]
Following more than a month of rumours, Lucid Motors officially announced today its plans to go public through a reverse merger with a special purpose acquisition company (SPAC). Lucid will be joining forces with Michael […]
