Europe’s largest automaker, Volkswagen, is making big moves towards building a sustainable future with the announcement of its subsidiary, PowerCo, establishing an electric vehicle (EV) battery manufacturing facility in St. Thomas, Ontario, Canada. This is a significant investment in the Canada’s automotive industry, with the potential to create jobs and boost economic growth in theContinue reading “Volkswagen to Establish EV Battery Manufacturing Facility in Ontario”
Category Archives: EV
Tesla Slashes Prices in Canada, Model 3 Qualifies for Federal Rebate Again
As the part of global price cuts to boost demand, Tesla slashes prices across its lineup in Canada. The price of base trim Rear-Wheel Drive Model 3 has been dropped from $59,990 to $54,990, meaning Model 3 RWD qualifies for federal iZEV $5,000 rebate again. The price of entry level Model Y, Long Range All-WheelContinue reading “Tesla Slashes Prices in Canada, Model 3 Qualifies for Federal Rebate Again”
2023 Canadian International AutoShow What To Expect
After 3 years waiting, Canadian International AutoShow is back. From February 17 to February 26, the 2023 Canadian International AutoShow will be held at the Metro Toronto Convention Centre (MTCC) in both the North and South Buildings, located in the heart of downtown Toronto. Celebrating its coming 50th anniversary with an eye on the futureContinue reading “2023 Canadian International AutoShow What To Expect”
Tesla cuts prices in China for the second time in 3 months
Tesla cut prices for Model 3 and Model Y in China for the second time in less than 3 months on Friday, January 6th. In late October 2022, Tesla announced price cuts up to 9% on Model 3 and Model Y. The latest cut in China, along with October’s price adjustment and recent incentives meanContinue reading “Tesla cuts prices in China for the second time in 3 months”
BYD Launches Luxury EV Brand Yangwang with 1100 HP and 4 Motors
BYD’s luxury EV sub-brand Yangwang has launched U8, its first high-end, hardcore off-road SUV. Yangwang U8 features an in-house e4 (Yisifang) architecture, using four IP68 sealed electric motors to drive each wheel independently with a central control unit. The e4 system provides over 1100 HP and more precise torque allocation which can achieve a 360-degreeContinue reading “BYD Launches Luxury EV Brand Yangwang with 1100 HP and 4 Motors”
Canada’s First Full-Scale EV Plant
Canada’s first full-scale EV manufacturing plant opened in Ingersoll, Ontario on Monday, December 5th. With the investment support of total $518 million from provincial and federal governments, GM has converted CAMI Assembly plant into the new global manufacturing home of BrightDrop’s fully electric delivery van. DHL will be the company’s first Canadian customer. The firstContinue reading “Canada’s First Full-Scale EV Plant”
Subaru Canada Announces First EV SUV Pricing
2023 Subaru Solterra marks the brand’s first all-electric SUV. Solterra will start at $54,295 with Symmetrical All-Wheel-Drive, 215 horsepower, 72.8 kWh battery and up to 360 kilometres range. A CCS1 combo charger allows for Level 1 and Level 2 AC and 100kW DC fast charging. The Level 2 charger is capable of charging from 10%Continue reading “Subaru Canada Announces First EV SUV Pricing”
Automotive Industry Analysis 2021
The Canadian automotive industry faced significant challenges in 2021 due to the ongoing pandemic, but has shown signs of recovery as the year progressed, with production and sales both showing improvement. Additionally, the industry continues to innovate and invest in new technologies, positioning it well for the future.
Automotive Industry Analysis 2020
The Canadian automotive industry faced significant challenges in 2020 due to the ongoing COVID-19 pandemic. The industry saw a decline in production and sales, as well as a shift in consumer demand towards electric and hybrid vehicles. Despite these challenges, the industry has continued to innovate and make progress in the development of electric vehiclesContinue reading “Automotive Industry Analysis 2020”
EV maker BYD supplies Medical Masks to Canada and Japan
The government of Canada signed an agreement with Warren Buffett-backed EV maker BYD for the production of tens of millions of masks and millions of litres of hand sanitizer fluid. BYD has the world’s largest mass-produced face masks plant. The plant is now running at full capacity and is able to produce 15 million masksContinue reading “EV maker BYD supplies Medical Masks to Canada and Japan”
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