Electric

Canadians are not letting high prices and interest rates prevent them from getting their hands on a new electric vehicle or plug-in hybrid —thanks to Ottawa. A total of 95,775 Incentives for Zero-Emission Vehicles (iZEV) claims were made by dealers on behalf of customers during the first half of 2024.

Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on autonomous driving and other technology. Elon Musk's electric vehicle company reported profits of $1.5 billion, down 45 percent, on revenues of $25.5 billion, which were up two percent behind an …

The list of car companies scaling back their EV plans and ambitions due to the segment’s slower than expected growth keeps getting longer and longer. Porsche is the latest. In recent statements quoted by Reuters , the German sports car maker acknowledged that the transition to EVs is taking longer …

For 2025, Porsche is doubling the number of models available with the all-electric, second-generation Macan. In addition to the previously introduced Macan 4 and Macan Turbo , customers will be able to choose a base Macan with rear-wheel drive and a sportier Macan 4S equipped with the electronically controlled Porsche …

Toyota is joining BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis in IONNA , a joint venture that aims to develop a new, high-powered charging network in North America in order to accelerate the transition to electric vehicles . The seven allied automakers hope their joint venture will become …

Hyundai has just unveiled the all-new Inster, a highly affordable EV aimed at global markets including Europe, the Middle East and the Asia-Pacific region. Canada won’t be part of them. This model is essentially a battery-powered variant of the Casper that’s sold in South Korea, albeit larger and blessed with …

The launch of the all-new and highly promising Volvo EX30 in the U.S. has been pushed back a full year, a company spokesperson confirmed on Wednesday, citing “changes in the global automotive landscape.” The delay is also attributable to the need to ramp up production at Volvo’s plant in Ghent, …

Following key powertrain upgrades including increased range for the 2024 model year, the Polestar 2 electric sedan gets one more round of enhancements for 2025, hoping to steal a bit of the refreshed Tesla Model 3 ’s thunder. The car is available to order in Europe and Canada as of …

The Canadian government could soon follow the lead of the U.S. and Europe by slapping tariffs on electric vehicles coming from China in order to ensure the playing field stays level. According to reports by Bloomberg , which spoke with people familiar with the Trudeau administration’s plans, public consultations on …

After Quebec said it would phase out its provincial zero-emission vehicle (ZEV) incentive program starting in 2025, British Columbia is now making far fewer models eligible under the CleanBC Go Electric Passenger Vehicle Rebate Program. The maximum MSRP for cars has been lowered from $55,000 to $50,000. Additionally, SUVs and …