Tuesday Ticker: BYD stalls plan to enter North American market; Rivian experiences first revenue decline
Toronto, Ontario — In this weekly Tuesday Ticker, Chinese EV maker BYD reportedly scraps plans to enter the Canadian market, while Rivian experiences its first revenue dip since going public four years ago. Bye-bye, BYD China’s largest electric vehicle manufacturer, BYD, has decided not to expand into Canada, despite having previously conveyed its intentions to […]
Tuesday Ticker: Hertz to ‘accelerate’ sale of Tesla fleet; BYD seeks EV tariffs discussions with Ottawa
Toronto, Ontario — In this weekly Tuesday Ticker, Hertz plans to ditch more of its Tesla fleet, while BYD informs the federal government of its plans to enter the Canadian market. Hertz hurts Not only is vehicle rental company Hertz accelerating its plan to sell 100,000 Tesla units; but the company also plans to sell […]