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 […]
EV/AV Report: EV investments talks in the GTA; Tesla customers get real about Elon
Toronto, Ontario — Ontario’s EV and education sectors prepare to come together to talk investment opportunities in the Durham Region, meanwhile Tesla’s customer loyalty is put to the test in a newly published survey from Bloomberg. This is the latest in electric and autonomous vehicles. Intelligent investing The Durham Region east of Toronto is gearing […]
Consumer Critique: EVs remain popular, though pragmatic purchasing prevails, KPMG poll says
Ottawa, Ontario — People are in the mood to purchase, according to the latest consumer poll from KPMG which found nearly 70 percent of Canadian drivers intend on buying a new vehicle within the next ten years. The survey, which was distributed to Canadians over the age of 18 between Dec. 21, 2022 and Jan. […]
Tuesday Ticker: July 19, 2022
Toronto, Ontario — Looking for your global automotive stock report? Look no further! In this weekly Tuesday Ticker, Volkswagen amps up its EV deliveries; a former Nissan executive does a postmortem on the OEM’s EV strategy and Porsche preps for a potential IPO. Volts-wagen Volkswagen is pushing its emissions-free offerings and seeing the returns, as […]
EV/AV Report: April 18, 2022
Toronto, Ontario – In this week’s electric and autonomous vehicle report, Ford announces a release date for the F-150 Lightning, the federal government invests in medium and heavy-duty fleet conversions and Volkswagen reports a spike in EV sales since the beginning of the year. Lightning Strikes A release date of April 26 has officially been […]
Pay to Play: Sask. environmental groups fighting back against EV road tax
Regina, Saskatchewan — An environmental advocacy group in Saskatchewan is asking the provincial government to pump the brakes on its electric vehicle tax that came into effect at the beginning of October. The Saskatchewan Environmental Society, alongside the Saskatchewan Electric Vehicle Association, SaskEV and the Tesla Owners Club of Saskatchewan, wants to see 10,500 EVs […]
EV/AV Report: October 18, 2021
Toronto, Ontario – In this week’s electric and autonomous vehicle report, Electrify Canada announces a new Level 2 home charging station, Volkswagen reports strong EV sales numbers for Q3 and a Massachusetts town has found a way to work electric school buses into the public power grid. Home is where the charge is Electrify Canada’s […]
Tuesday Ticker: April 13, 2021
Toronto, Ontario — Magna partners with an Israeli startup, which will see the Aurora, Ont.-based company build electric vehicles atop the startup’s platform; electric vehicle sales grow in B.C. and General Motors meets its mask production promise to the federal government in this week’s Tuesday Ticker. More moves for Magna Magna International will develop an […]
Big Money; Possible Whammies: Stellantis plans to triple EV sales in 2021
Milan, Italy — Stellantis, formed from a merger between FCA and Groupe PSA, is betting big on themselves this year, announcing a plan to triple its global sales of electric vehicles this year, the head of holding company Exor, the carmaker’s main shareholder, said on Thursday. The world’s fourth largest carmaker targets global sales of […]
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, […]