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Tesla’s stock sinks after cutting prices on cars in China
Tesla has cut starting prices for its Model 3 and Model Y cars by as much as 9% in China, reversing a trend of increases across the industry amid signs of softening demand in the world’s largest auto market.
Imperial Oil chooses FLO to roll out new EV charging network
The new partnership between the Quebec-based charging network operator and Canada’s largest petroleum refiner will make charging stations available at Imperial’s Esso and Mobil gas stations.
Hyundai grew EV sales by 27% in Q3, but foreign automaker demand drop ‘seems inevitable’ in US
Hyundai delivered another strong performance in the third quarter as several popular EV models led to 27% EV sales growth. However, analysts believe with the new tax credit provisions from the Inflation Reduction Act, a drop in demand “seems inevitable” for foreign automakers like the Hyundai Group.
Someone Transformed A Tesla Model S With A Lambo Huracan Front End
Tesla's EVs have proven to outrun Huracans at the drag strip. Perhaps this owner just didn't appreciate the Model S' front end.
B.C.’s Vicinity Motors touts growth with US$100-million order for its new Class 3 electric truck
The latest purchase agreement between Vicinity and B.C. automotive retailer Pioneer Auto Group will see at least 1,000 VMC 1200 Class 3 electric trucks delivered by the end of 2023.