TORONTO (AP) — Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility. Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate two-year postponement
Chinese EV battery maker shows new tech US consumers can’t buy At the Shanghai Auto Show, Chinese EV battery giant CATL revealed new technologies, but none are likely to reach US consumers anytime soon. Straight Arrow News California is suing the Trump administration for withholding $5 billion in funds for electric vehicle infrastructure. The lawsuit
Akash Sriram and Abhirup Roy | Reuters Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his
Akash Sriram | Reuters Elon Musk pauses Tesla orders in China amid trade war Tesla has paused new orders for its Model S and Model X vehicles in China, following the US decision to impose 145% tariffs on Chinese imports. The move signals early fallout from President Trump’s escalating trade war. unbranded – Newsworthy Tesla TSLA.O investors
New Delhi: Power Finance Corp. (PFC) and Indian Renewable Energy Development Agency (IREDA) are considering a plan to auction the electric vehicles (EVs) that financially troubled Gensol acquired by taking loans from the two public sector financial institutions, said people aware of the matter. Gensol’s EVs were leased to ride-hailing service BluSmart. Gensol and BluSmart