Surprise Visit: European authorities raid Hyundai and Kia, diesel defeat devices suspected

Frankfurt, Germany — On June 29, European authorities raided multiple Hyundai and Kia buildings in Frankfurt and Luxembourg. This operation was coordinated by Eurojust under suspicion that the South Korean companies were equipping vehicles with illegal diesel defeat devices. This device analyzes different inputs such as steering and throttle to identify whether a vehicle is […]

EV/AV Report: June 13, 2022

Toronto, Ontario – In this week’s electric and autonomous vehicle report, Canada Post plans to electrify their fleet, Nimbus announces an EV the size of a motorcycle, and the European Parliament votes to ban combustion engines in cars by 2035. Voltaic vans On June 9, Canada Post announced a radical new plan using $1 billion […]

Tuesday Ticker: July 20, 2021

Toronto, Ontario ⁠— In this Tuesday Ticker, the Bank of Canada plans to let inflation run on past its previously planned targets, the European Union says it will wave goodbye to gas-powered vehicles in 2035 and top execs at Toyota say it’s “too soon” to be focussing only on electric cars.  Get to runnin’  The […]