Porsche Shifts Back to Gas Engines as EV Sales Slump
Porsche AG will invest €800 million ($831 million) in gasoline and hybrid vehicles, triggering a sharp decline last week as
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Electric Vehicles
Hertz Slashes Prices on Electric Vehicles Rented From Its Fleet
Hertz Global Holdings (NASDAQ: HTZ) is employing a unique strategy to mitigate ongoing losses in its electric vehicle fleet. The
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Canada Retreats From Mega Battery Plant Race In EV Strategy Pivot
The Canadian government is adjusting its approach to electric vehicle production amid challenges in the global energy transition, signaling a
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Arkansas Could Hold World’s Largest Lithium Reserve for EV Batteries
A groundbreaking study led by the US Geological Survey has identified an enormous lithium reserve in southwestern Arkansas that could
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No Government Bailout for Northvolt, Says Swedish Prime Minister
Northvolt will need to figure its future out on its own, it appears. Swedish Prime Minister Ulf Kristersson said that
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Swedish Battery Maker Northvolt Slows C$7 Billion Canadian Project
Swedish battery maker Northvolt is adjusting its expansion strategy, including plans for its C$7 billion facility in Canada. The company
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Volkswagen Mulls First-Ever Factory Closures in Germany
Volkswagen Group (ETR: VOW3), Europe’s largest automaker, is contemplating the closure of factories in Germany for the first time in
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Canada To Impose 100% Tariff On Chinese EV’s Weeks After Berating Poilievre For Suggesting Action
Canada is set to impose new tariffs on Chinese-made electric vehicles, aluminum, and steel, aligning with Western allies and taking
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Global Impact of China’s Lithium Battery Price Drop: What It Means for the Future of EVs
Prices for lithium-ion batteries in China are plummeting, marking a significant turning point for the global automotive and power sectors.
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Ontario Expects Another Major EV Battery Plant Amid Auto Sector Race
Ontario expects to land another major electric vehicle battery plant commitment soon as Canada’s most populous province races to secure
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