Honda considers $14B EV plan in Canada

Honda Motor Comoany is considering building an electric vehicle plant in Canada in a near 2 trillion yen ($13.83 billion) project that could possibly include in-house production of batteries, Japan’s Nikkei newsgroup reported on Sunday. The project could be one of Honda’s largest investments, the report said. The Japanese automaker is looking at multiple potential … Read more

Automakers Buying EV Credits From Tesla Is Short Term Thinking At Its Worst

The future of personal transportation, cars and trucks and bikes and scooters, is electric. We know this now, and we’ve known it for some time, but automakers, despite all that knowledge, have dragged their feet on actually producing electric cars. Instead, when mandates came down from on high demanding more battery-powered cars, automakers simply shelled … Read more

Japanese company considering Manitoba for $1.6B lithium ion battery facility – Winnipeg

A Japan-based company is eyeing Manitoba as a potential spot to build a $1.6-billion lithium ion battery separator manufacturing facility, sources have told 680 CJOB. The company is considering a parcel of city-owned land near the West End Water Pollution Control Centre close to Wilkes Avenue and the Perimeter Highway. A document obtained by 680 … Read more

Why EPA Doesn’t Use Brand New Electric Vehicles For Range Tests

Photo: John Keeble (Getty Images) The Environmental Protection Agency has been the non-partisan adjudicator of vehicle emissions and fuel mileage in the United States for over 50 years. With the rise in electric vehicle sales, range has become a crucial selling point for customers. The EPA goes to extraordinary lengths to ensure that its figures … Read more

IPO: IPO ring to get louder in 2024 with companies looking to raise more than Rs 1 lakh crore

Mumbai: The momentum of India’s primary market is poised to accelerate in 2024 with companies looking to raise more than ₹1 lakh crore through initial public offerings (IPOs), twice the ₹49,434 crore raised in 2023. The average size of such offerings is also expected to more than double to ₹2,000 crore, with several large-sized IPOs … Read more

Your New EV Is Even More Expensive Now

Happy Tuesday! It’s January 2, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Rivian Recalls Nearly Every Car It Has Built 1st Gear: EVs In The U.S. Just Got More … Read more

Tesla May Not Hit Its Lofty Sales Goals

Happy Wednesday! It’s December 27, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla Sales Are Good, But Likely Will … Read more

Investors Are Bailing On EV Charging Companies Because They Might Not Make Any Money

Right now, the reality for electric vehicles is pretty grim. People are buying EVs, but the growth in sales is cooling. That’s having a ripple effect, from rising EV inventory at dealers to automakers rethinking their EV investments and production plans. Even EV charging companies are taking a hit. Electric Car Charging Still Sucks, But … Read more

Six Month Microleases Are Finally Getting People To Drive EVs

The ever-evolving electric vehicle landscape and lingering skepticism about going green has forced automakers to get creative with their marketing and sales strategies. Microleasing, according to Bloomberg, is the latest way to get butts in seats. The whole goal is to just get a prospective EV buyer behind the wheel of an EV while they … Read more

2024 Might Finally Be A Good Year For Car Buyers

Happy Tuesday! It’s December 26, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Ed Begley Jr. On The Past And Present Of Electric Vehicles 1st Gear: 2024 Will Be A … Read more