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Canadian lawmakers are facing mounting pressure from auto manufacturers, steel producers, and union officials to significantly increase tariffs on Chinese imports, reports Bloomberg. The push comes after US President Joe Biden announced substantial tariff hikes on Chinese goods, including a fourfold increase on Chinese electric vehicles. Why the Push for Higher Tariffs? Canadian industries warn…
Ford and GM’s leaders disagree on the future role of hybrid vehicles Ford’s CEO, Jim Farley, argues hybrids should be viewed as a viable long-term solution, while GM’s CEO, Mary Barra, considers them a temporary step towards full electrification, according to Reuters. Hybrid Vehicles: The Debate Jim Farley wants the industry to stop seeing hybrids…
Tesla has introduced its next-gen home battery, the Powerwall 3, to Canada, following its initial release in the U.S. earlier this year. This launch marks Canada as the first country outside the U.S. to offer this advanced energy storage solution. The Main Upgrade The Powerwall 3 reportedly boasts significant improvements over its predecessor. It offers…
Canada has taken a significant step in its fight against climate change by mandating that all new cars sold by 2035 must be zero-emission.
The town of Becancour in Quebec, already dotted with electric vehicle (EV) projects, has caught the eye of another automotive giant. Ford Motor Co.
RBC Capital Markets analysts predict a potential leap of over $150 billion in Tesla's market value, spurred by the rising demand for robo-taxis.
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