The bankruptcy of a Volkswagen partner in electric vehicle battery production will not threaten the automaker’s St. Thomas investment, industry experts say.
The development does, however, demonstrate increasing volatility in the EV sector during this high-tariff automotive environment, and the $7-billion PowerCo EV battery plant in Southwestern Ontario may face future delays, they said.
h/t Mauser
Japan’s Honda Motor Co. forecast a 59 per cent profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U.S. President Donald Trump’s tariffs.
Honda’s forecast is the latest signal of the difficulty car makers are having navigating Trump’s tariffs on foreign-made automobiles at the same time the industry is being hit by the rise of Chinese EV producers.
The court-appointed monitor for Lion Electric says the vehicle maker is very likely to be liquidated after the Quebec government refused to invest more public funds in the company.
Jean-Francois Nadon, a representative of Deloitte, said in a court hearing this morning that government aid would have been a condition of any sale of the struggling company.
Nadon says Deloitte sought offers over the weekend from companies interested in liquidating Lion Electric, and is hoping to finalize a transaction by next Monday.
Electric transit buses may not be ready for prime time in Canada’s harsh climate, according to new findings from the National Research Council, which reveal that many vehicles need diesel heaters just to maintain performance during winter.
Blacklock’s Reporter says the study, released four years after then-Infrastructure Minister Catherine McKenna announced a $2.8 billion plan to spend on zero-emission transit, questions whether electric buses can reliably replace diesel ones in daily Canadian operations.
SHANGHAI—The offer sounds like a scam—a new Toyota electric-powered sport-utility vehicle for about $15,000, complete with sunroof and cup holders.
But the Toyota bZ3X is real, and it is actually on sale starting at that price. There is a catch: To buy one, you have to be in China.
Auto executives once dreamed of a world car that could be designed once and sold everywhere. That world has fractured, and nowhere more so than in the two biggest markets, China and the U.S., which together account fornearly half of global vehicle sales.
The comments are worth reading pointing out the many omissions made by the article.
During his election victory speech, Prime Minister Mark Carney repeated one of his favourite campaign slogans and vowed to make Canada a “clean energy superpower.” So, Canadians can expect Ottawa to “invest” more taxpayer money in “clean energy” projects, including electric vehicles (EVs) — the revolutionary transportation technology that’s been ready to replace internal combustion since 1901, yet still requires subsidies.
The House voted Thursday to block California from enforcing a rule that would ban sales of new gasoline-powered cars in the state by 2035.
Lawmakers voted 246-164 to pass a resolution targeting the rule, which ranks as one of the nation’s most ambitious policies aimed at combating climate change and promoting electric vehicles. However, it is unclear whether the Senate will follow suit and send the measure to President Donald Trump’s desk.
In forging ahead with the vote, House Republicans sidestepped legal opinions from two nonpartisan watchdogs. The Senate parliamentarian and the Government Accountability Office have concluded that Congress lacks the legal authority to prevent states from enforcing such climate rules.
Before we let Democratic legislators get on their high horses about the Trump administration’s obliteration of California’s climate goals via its elimination of the federal electric vehicle mandate, let’s look at one statistic that should put matters in perspective.
Between 2003 and 2019, California reduced its greenhouse gas emissions by 13 percent thanks to billions of dollars in spending and myriad mandates designed to shift energy use to electric generation. Yet 2020’s wildfires “caused twice the amount of greenhouse gas emissions” that were saved over those sixteen years, according to a University of Chicago report. Fires are obliterating any savings from our state’s high-profile move away from fossil fuels.
Caught in the middle of the U.S.-China trade war is a Chiclet-size magnet that is vital to every new electric vehicle on the road.
The magnet is made with dysprosium. Atomic number 66. A rare-earth mineral with a silver metallic luster. More than 90% of refined dysprosium comes from China, and it is used in magnets that power everything from medical equipment to EV motors.
American electric vehicle sales have continued to inch up, from 7 per cent of new cars sold last year to 7.5 per cent this year. But no one now expects that they will reach the more than 50 per cent mandated by the Biden administration by 2032. President Donald Trump has upended the EV landscape – sending shockwaves through the industry that are reverberating not just in the United States, but globally.
Canada remains on a collision course with reality however.
HALIFAX — Conservative Leader Pierre Poilievre says if his party is elected, it will scrap Canada’s electric vehicle sales mandates.
Canada has mandated that 20 per cent of all new vehicles sold must be electric by 2026 and 100 per cent by 2035.
Electric vehicles made up just shy of 12 per cent of the Canadian sales in 2023, but government rebate programs meant to encourage people to buy EVs came to an end in January.
Winner!
Electric vehicles were considered the way of the future just five short years ago. Today, the demand for electric vehicles (EVs) and EV battery plants is waning both in Canada and globally due to a wide range of factors.
Some of the issues cited in consumer surveys on purchasing EVs include the substantial cost disparity between EVs and gas-powered vehicles, worries about their driving range, reliability in cold weather, and the availability of charging facilities. Along with the repercussions of increased interest rates and inflation, all these factors have played a role in shaping consumer behaviour since 2020.
Major EV Fire Breaks Out Aboard Ro/Ro at Zeebrugge
On Wednesday, a fire broke out aboard a ro/ro cargo ship at the port of Zeebrugge, Belgium, prompting an immediate – and successful – emergency response.
Ro/ro fires are a serious issue, and the growing popularity of electric cars has made the potential consequences more severe. Fires can spread rapidly within enclosed ro/ro decks, and EV fires are even harder to put out. New industry guidance calls for operators to respond with evacuation, ventilation shutdown and initiation of CO2 flooding very early in the firefighting process – before the fire can spread or injure anyone.
Got Lucky. h/t Simus
Sooner or later, it is going to dawn on the owners of electric cars that they have been enjoying one of the longest introductory free offers in history. The moment of realisation may even come tomorrow. That is when, for the first time, electric cars (EVs) are going to become liable to pay road tax. It won’t necessarily be too onerous. Drive an EV out of a showroom tomorrow and you will pay just £10 in car tax for the first year, rising to £195 for your second year of ownership and beyond. Owners of vehicles registered between 1 April 2017 and today will pay £195 a year. Those registered between 2001 and 2017 will be liable for £20 a year road tax.
EV’s are heavy vehicles that still get a free pass in Canada for the added road wear they cause.
Scrapping the EPA’s draconian tailpipe-emissions rule will boost competition, benefit consumers, and strengthen national security.
In his March 4 address to a joint session of Congress, President Donald Trump celebrated terminating Joe Biden’s “insane electric vehicle mandate.” A year ago, the Biden Environmental Protection Agency had finalized a rule, nominally about tailpipe emissions, that would have required 30 percent to 56 percent of all new light-duty consumer cars sold in the United States to be electric vehicles (EVs). Trump announced his intention to undo Biden’s EV overreach in his first week in office, as part of his executive order entitled “Unleashing American Energy.”
