Polestar has secured a financial lifeline after announcing a new term loan facility of up to US$600 million from its majority owner, Geely Sweden Holdings AB. The agreement comes as Polestar continues to burn cash […]
Waymo is gearing up for a major capital raise, with Alphabet’s self-driving subsidiary reportedly seeking more than $15 billion in new funding at a valuation approaching $100 billion, which if completed, would represent a dramatic […]
Canada has crossed a major transportation milestone, with more than one million electric and plug-in hybrid vehicles now on the road nationwide. The achievement highlights how rapidly EV adoption has accelerated over the past decade, […]
VinFast entered the North American market with one of the most aggressive expansion plans seen from a new automaker in years. Just a short time later, that strategy has been significantly scaled back, as the […]
American Airlines has entered discussions with Amazon about using its low Earth orbit satellite network, Leo, to power onboard Wi-Fi. According to a report from Bloomberg, American Airlines has held preliminary conversations with Amazon regarding […]
Lucid has officially entered the certified pre-owned (CPO) market with the launch of Lucid Recharged, a new factory-backed program designed to make the brand’s luxury electric vehicles more accessible while maintaining a high standard of […]
Polestar has begun delivering the Polestar 4 to Canadian customers, with U.S. deliveries also now underway, bringing the brand’s latest SUV coupe to North America. In Canada, Polestar 4 deliveries have taken place in Vancouver, […]
Ford has officially pulled the plug on the all-electric F-150 Lightning. As part of a sweeping strategic reset, Ford is abandoning its next-generation electric pickup and redirecting billions of dollars toward gasoline, hybrid, and range-extended […]
Transport Canada has opened a formal investigation into the Kia EV6 following a growing number of complaints from Canadian owners reporting repeated breakdowns tied to 12-volt battery failures and the vehicle’s Integrated Control Charging Unit […]
Kia is quietly winding down sales of the EV6 in Canada, with the electric crossover set to disappear from the lineup after the 2025 model year. The decision, confirmed through information shared at recent Canadian […]
