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

The Kia EV9 Is Already Being Discounted In Some Places

Something interesting is going on, and I don’t think I’ve ever seen it happen before, at least not in these past few years: a vehicle is getting discounted at dealers before it’s even officially launched. That’s what’s happening with Kia and its newest EV, the EV9. Dealers across the country have hit the EV9 with … Read more

tata motors share price: Tata Motors shares jump 6% to double money in 2023. What’s fueling the rally

Shares of Tata Motors rallied 6% to hit the 52-week high at Rs 802.6 in Friday’s trade, backed by heavy volumes on the NSE. A total of 2,11,18,340 equity shares worth Rs 1,655.5 crore changed hands so far. Meanwhile, the rally in the stock was also led by the government’s plan to replace 800,000 diesel … Read more

Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

After posting record-breaking volumes in 2023, Indian automobile industry is driving into the new year aware of a lurking moderation in sales growth but ready to embrace green technologies, led by electric vehicles. Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. Veteran industry … Read more

United States weighs rise in tariffs on Chinese EVs

The Biden administration in the United States is discussing raising tariffs on some Chinese goods, including electric vehicles, the Wall Street Journal said late on Wednesday, citing people familiar with the matter. Chinese automobiles face a 25% levy imposed during the administration of former President Donald Trump and extended by the Biden administration. The U.S. … Read more

Ottawa to outline details of electric vehicle regulations – National

By Staff The Canadian Press Posted December 19, 2023 7:38 am Updated December 19, 2023 1:22 pm Descrease article font size Increase article font size Environment Minister Steven Guilbeault will outline on Tuesday the details of his plan to eventually phase out the sale of gas-powered vehicles in Canada. The electric-vehicle sales mandate regulations will … Read more

Canada lays out road map for electric vehicle key 2035 targets

Descrease article font size Increase article font size Ottawa has unveiled new regulations for all electric vehicles (EVs) in Canada. At a press conference on Tuesday, Environment and Climate Change Minister Steven Guilbeault announced new standards that he says will provide more affordable EVs and more charging stations. The federal government had previously announced that … Read more