Tuesday Ticker: March 22, 2022

Toronto, Ontario ⁠— In this weekly Tuesday Ticker report, Canada’s third-largest auto parts manufacturer preps to prove its battery-making power; LKQ Corp. enters plans to sell its aftermarket glass division and Boyd Group Services announces its Q1 2022 cash dividend. Proving the power Martinrea International said it will begin proving out its battery technology and […]

EV/AV Report: March 15, 2021

Toronto, Ontario ⁠— This week, Quebec-based battery recycler Lithion joins forces with an OEM, Saskatoon inches closer to electrifying its city fleet and Canadian Tire unveils endeavours in the world of autonomous trucks. Hyundai battery boost Hyundai Canada and Quebec-based battery recycler  Lithion Recycling have announced a service agreement to increase the OEM’s sustainable production […]

Freedom to Charge: Volvo to exclusively sell EVs online by 2030

Toronto, Ontario — According to an announcement from Volvo Cars on Tuesday, the Swedish automaker intends to make the ICE a thing frozen in time, as the company plans to convert entirely to online EV sales by 2030. In a move that the company is saying will “transform the current wholesale market”, Volvo plans to […]

Renewable Rebates: Nova Scotia to offer $9.5 million in rebates for electric cars

Halifax, Nova Scotia — Nova Scotia Premier Iain Rankin has announced $9.5 million in rebates to help people purchase electric vehicles. According to a news release, the $9.5 million will be used for the rebate program for new and used electric vehicles, plug-in hybrids and e-bikes. Rebates will be $3,000 per new vehicle and $2,000 […]

Power Surge: StatsCan data finds EV and hybrid sales lead vehicle sales recovery

Toronto, Ontario – As the Canadian automotive industry makes it’s slow climb toward recovery, following sharp sales declines at the height of the pandemic, new data from Statistics Canada shows that electric vehicle (EV) and hybrid sales are leading the charge in overall sales volume. According to data published by Stats Can on Feb 11., […]

EV/AV Report: February 1, 2021

Toronto, Ontario – In this week’s electric and autonomous vehicle report, LeddarTech reflects on a year of achievement, despite unpredictable challenges, U.S. President Joe Biden announced that the federal fleet will be going electric and New Flyer unveils North America’s first automated transit bus. Pause for Reflection Quebec-based ADAS-developers, LeddarTech, are celebrating a productive 2020, […]

EV/AV Report: January 25, 2021

Toronto, Ontario – In this week’s electric and autonomous vehicle report, Extreme Vehicle Battery Technologies Corp. plans to stand up to Tesla with their TITAN battery system, LeddarTech announced a partnership with German laser and lighting developer, OSRAM, and a Laval, Quebec-based transportation operator placed the largest single order of Lion Electric school buses ever […]

EV/AV Report: January 11, 2021

Toronto, Ontario – In this week’s electric and autonomous vehicle report, LeddarTech will be prominently featured at CES 2021 this year, Magna International announced that they will be developing the AV system for Fisker’s new SUV and Pride Group Enterprises placed their largest-ever order for EV trucks from Workhorse Group. Leddar of the pack Global […]

Industry Insider: Preparations for EV influx underway for collision centres

Vaughan, Ontario – In this week’s episode of Industry Insider, Collision Repair’s Max Reid spoke to Jeff Pabst of Pfaff Autoworks regarding the EV influx and how it could play out in the collision repair industry. With the 365 day long speedbump called 2020 finally in the rearview, collision centres across Canada are finally able […]