Entertainment

Canadian Prime Minister Justin Trudeau has announced a massive deal with German automaker Volkswagen Group to implement its first electric vehicle plant outside of Europe in the country. Canada has promised the group billions in matched subsidies offered by the US government to construct its massive new battery gigafactory north. While it was still under
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The Stockholm-based electric motorbike manufacturer CAKE has just unveiled its new Jante motor that is designed for light electric motorcycles. It’s been a big week for Swedish electric vehicle companies. With everything from electric boat news, fancy electric bikes, electric microcars, and even flying electric surfboards, now we’re seeing a new electric motor designed for
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Tesla’s stock (TSLA) crashed 7% today following earnings that actually met expectations. So what is the problem? Is Tesla losing its credibility? Yesterday, Tesla released its Q1 2023 financial results and met earnings expectations of $0.85 per share and even surprised many by maintaining an automotive gross margin over 19% despite significant price cuts during the
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Volkswagen stunned the 2023 Shanghai Auto Show by unveiling its new ID.Next electric sedan concept. The ID.Next was showcased next to the VW ID.7 Vizzion, the Chinese model of its new electric sedan produced by FAW Volkswagen. Volkswagen held an “ID Night” featuring all vehicles in the brand’s (SAIC-Volkswagen) lineup for China, including the ID.3,
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