Electric

ElectricHonda Doubling Investment in EVs to $88 Billion
Honda announced plans on Thursday to double investment in electric vehicles to 10 trillion yen (approx. $88 billion CAD) by 2030 as it seeks to go fully electric by 2040. In April, the Japanese auto giant announced the largest auto investment in Canada's history with a new $15 billion EV …
ElectricKia Spotted Testing EV9-Like Electric Pickup in the U.S.
Kia is currently testing not one but two pickup prototypes on U.S. roads. One appears to be the new Tasman that will be sold in global markets outside of North America, while the other looks like an EV9 with a cargo bed in the back. We’ll obviously focus on the …
Electric2025 Kia EV6 Shows Refreshed Look, Gets Larger Battery
Kia has unveiled a refreshed and improved EV6 in its domestic market of South Korea, where customers can already order one. The vehicle is expected to launch in North America by the end of the year as a 2025 model. Similar to the Hyundai IONIQ 5 , the EV6 is …
ElectricEven Electric Hypercars Are Struggling to Sell Right Now
Slowing EV growth can be explained by a market that has run out of early adopters and the fact that these vehicles are still not affordable or convenient enough for most people. But even in the world of hypercars aimed at the one percent, customers are not rushing to go …
ElectricHertz to Reduce EV Fleet by an Additional 10,000 Cars
Rental car giant Hertz had bold plans to electrify its fleet, ordering no fewer than 100,000 cars to Tesla back in 2021. But three years later, the harsh reality of the EV market in the U.S. is hitting the company big time. In January, we told you that Hertz would …
ElectricCadillac May Not Go All-Electric in 2030, After All
Cadillac , which had planned to become an EV-only brand by 2030, will possibly continue to sell ICE-powered vehicles in the next decade. That seems to be what Cadillac boss John Roth hinted at during a media roundtable to talk about the upcoming Optiq crossover, adding that gas and electric …
ElectricElon Musk Confirms Supercharger Expansion Despite Firing Team
After announcing it would lay off 10 percent of its global workforce in mid-April, Tesla this week decided to fire its head of new products as well as the senior director of its Supercharger team, along with everyone reporting to them. Around 500 people are affected. The automaker informed employees …
ElectricTesla Drops New Model 3 Prices by $3,000 in Canada
Tesla didn’t waste too much time adjusting the prices of the refreshed and improved 2024 Model 3 . Customers will rejoice, except obviously those who ordered one in the past couple of months. You see, the single-motor Model 3 RWD now carries a base MSRP of $50,990 instead of $53,990, …
ElectricFord is Losing More and More Money With EV Business
Ford ’s 2024 Q1 results announced last week are pretty telling about the state of the electric vehicle market, especially in the U.S. While the automaker ended the quarter with a net income of $1.3 billion USD, mainly thanks to the success of its fleet vehicles, the EV-focused Model e …
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