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Financial Fact-Check: New gigafactory supports Tesla and Ontario’s EV production goals

Toronto, Ontario – Previously reported allegations of a new major Tesla factory in Ontario have been revealed to have some teeth, with information from multiple sources suggesting that a new Gigafactory aligns with Tesla’s plan to expand production by 13 new factories, and Ontario’s goal to become a global electric vehicle production hub. While the […]

Just Keep Building: GM to bolster EV development with expanded truck, SUV production

Detroit, Michigan — In the face of global parts shortages and skyrocketing gas prices, General Motors’ CEO has announced that the legacy OEM will double-down on its North American production capabilities and plans on “selling every truck we can build.” Mary Barra, the automotive giant’s head since 2013, made the announcement on Monday during GM’s […]

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