In committing billions of dollars to their Ontario assembly plants, the Detroit 3 have signaled that they see Canada as central to their electrification plans — thanks in part to enhanced government incentives. In January, General Motors committed to a $781 million investment in CAMI Assembly in Ingersoll, Ontario, to build its new BrightDrop EV600
0 Comments
ChargePoint, one of the largest EV charging infrastructure providers in the U.S., has completed the business combination with Switchback Energy Acquisition Corporation (a publicly traded special purpose acquisition company – SPAC), announced several months ago. As a result, the company is now listed on the New York Stock Exchange: “The Business Combination was approved by
0 Comments
FRANKFURT – Volkswagen Group said it expects revenues and deliveries to rebound strongly in the current year, shrugging off the impact of the coronavirus pandemic. The automaker also said its operating profit, stripping out special items related to the diesel scandal, fell 45 percent to 10.6 billion euros ($12.9 billion) last year. VW is projecting an
0 Comments
Carvana Co.’s fourth-quarter revenue soared amid higher unit sales, though a large outlay to restructure debt led to a higher netloss. The online used-vehicle retailer said Thursday it posted a fourth-quarter net loss of $154.6 million, compared with a net loss of $125.7 million in the year-earlier period. Carvana said the net loss included $34
0 Comments
Kia Soul Full Overview Spend enough time driving any vehicle, and you’re sure to get a good, solid perspective of its performance dynamics and capabilities. We’ve been spending plenty of time with our 2020 Kia Soul crossover tooling around town, putting miles on the odometer during its long-term test evaluation, yet there is no substitute for
0 Comments
As such, the concept car cribbed its underpinnings from the Buick Park Avenue full-size sedan. The use of the flagship Buick model’s unibody architecture afforded the Signia a low step-in height while also offering a raised, SUV-like seating position.  See all 10 photos Although the Signia was no beauty pageant contender, its design certainly included
0 Comments
Fear not loyal viewers! This Friday is not the last episode of Top Gear America for this season; you’ve got five more coming at you starting May 7th, 2021, exclusively on the MotorTrend App! Dax Shepard, Rob Corddry and Jethro Bovingdon are just getting warmed up. Overlanding in sports cars, ultra-luxury SUVs in the snow, land speed
0 Comments
Just before the coronavirus pandemic hit, at the 2020 Consumer Electronics Show, Toyota announced an ambitious plan to build an entire city in Japan as a showcase for futuristic tech. Despite everything that’s happened since that announcement, Toyota is still going ahead with this scheme. Toyota held a groundbreaking ceremony for the project, dubbed Woven
0 Comments
It’s a two-door subcompact hatchback with a sticker price of $30,890, including shipping. It can’t travel more than 110 miles at a time. A car like that sounds sale-proof in these pickup- and utility-crazy times, doesn’t it? But dealers can’t get enough of the Mini Electric, and they are looking to at least double sales
0 Comments
More than half of prospective vehicle buyers or lessees are undecided about choosing a battery-electric vehicle, an inaugural study by J.D. Power shows. Fifty-nine percent of new-vehicle shoppers are “somewhat likely” or “somewhat unlikely” to consider a BEV for their next purchase or lease, according to J.D. Power’s new U.S. Electric Vehicle Consideration Study. The
0 Comments
Vehicle listings company TrueCar swung to a net profit in the fourth quarter on the sale of its ALG subsidiary to J.D. Power in November. The Santa Monica, Calif., company on Wednesday reported net income of $88 million in the quarter that ended Dec. 31, compared with a net loss of $8.8 million in the
0 Comments
By Eric Ralph Posted on February 24, 2021 CEO Elon Musk says that SpaceX’s thousands of Starlink users could see “much higher download speeds” as the company begins implementing “system upgrades.” Just the latest of the many ways that SpaceX’s first consumer-facing product continues to leapfrog stalwart, monopolistic internet service providers (ISPs) around the world,
0 Comments