Latest Stories
- Tesla Moves to Dominate Canada’s EV Quota As It Pulls US-Made Model 3s
- Rivian’s R2 to Be Among First Vehicles With New Global eSIM Standard
- Musk Calls BYD’s Worst Sales Decline in Six Years ‘Tough Sledding’
- Rivian Launches Performance Focused Division ‘Rivian RAD’ at FAT Ice Race
- Lucid’s Revenue Breakdown Reveals Hurdles to Global Ambitions
Canada Moves to Sharpen Auto Duty Rules to Protect Local Jobs
Finance Minister François-Philippe Champagne launched consultations Friday to tighten Canada’s automotive remission framework, a step aimed at forcing global carmakers to choose between local production and stiff surtaxes on imports.
Lucid VP Dismisses Bankruptcy Fears, Reaffirms PIF Backing
Lucid Motors’ VP of Communications Nick Twork pushed back against bankruptcy speculation, saying the Saudi-backed EV maker has ample liquidity and continued backing from its majority shareholder.
BYD Shares Surge 8% on ‘Disruptive Technology’ Teaser, Overshadowing 41% Sales Drop
Shenzhen-listed shares of BYD Group jumped by over 8% on Monday after the company announced that it will hold a “disruptive technology” launch event on March 5.
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