Honda has officially announced a massive $15 billion investment to establish a comprehensive electric vehicle (EV) manufacturing ecosystem in Ontario. The investment includes the construction of four new facilities and is projected to create thousands […]
A class action lawsuit has been filed against Rivian, alleging the automaker failed to disclose important information to investors. Filed in the United States District Court for the Central District of California this week, the […]
Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of […]
Fisker might commence bankruptcy procedures as early as the middle of May, according to a filing with the US Securities and Exchange Commission, SEC. The embattled company has not been able to attract an investor to secure a lifeline. Fisker defaulted […]
Rivian has introduced a new incentive called the “Electric Upgrade Offer,” providing substantial discounts on the purchase or lease of a new Rivian R1 model when trading in certain internal combustion engine (ICE) cars. The […]
We reported Honda was considering investing $18 billion in EV manufacturing in Canada. Now, sources have revealed Honda Canada’s plan to set up a battery plant close to its factory in Ontario, where it will also […]
Elon Musk has confirmed that he will not make the to India this week. Musk confirmed he will be delaying his trip in a reply to a user on X, citing his heavy Tesla obligations […]
VinFast has reported remarkable growth in global sales for Q1 2024. The Vietnamese EV maker delivered nearly 10,000 units in the first three months of the year, a 444 percent improvement over the same period […]
Aerospace and defense company Northrop Grumman is working with SpaceX on a secret spy satellite project, according to a report. Satellites are already taking high-resolution images of the Earth. Reuters previously reported that the program […]
The Canadian government has announced an extension of its Incentives for Zero-Emission Vehicles (iZEV) program. The program was originally set to expire on March 31, 2025. The iZEV program, first launched in 2019, has been […]
