This was supposed to be the year that American startup Canoo would start building its podlike electric Lifestyle Vehicle, but it’s now looking like the project may never get fully off the ground. In its first-quarter earnings report, Canoo acknowledged that it is running out of cash, writing that “there is substantial doubt about the Company’s ability to continue as a going concern.” Read the original article.
Go Auto has acquired two new dealerships in Richmond, B.C.: Go Richmond Subaru (formerly Richmond Subaru) and Go Richmond Kia (formerly Kia Richmond). “These acquisitions further solidify our presence in the Greater Vancouver Area and align with our strategic goal …
Automotive industry players in Canada likely heaved a sigh of relief after the federal government announced trade talks between Canada and the United States will resume. Both parties are eyeing a deal by July 21. It was not Canada’s automotive …
Canada’s largest private-sector union is calling on the federal government to maintain its 100 per cent surtax on electric vehicles imported from China, warning that removing the measure could further destabilize the domestic auto industry. Unifor warned that without the …
As consumers continue to ponder electric vehicles and concerns around vehicle range, charging infrastructure, and cold weather driving, dealers may wish to double down on their knowledge sharing — particularly as winter creeps in. In a news release, Electrify Canada …
