Tesla demonstrated new supercharger equipment at a Berlin research campus and is looking to target more cities to attract buyers. “The so-called V3 charger allows Tesla Model 3 cars to charge within five minutes enough to travel 120 kilometres,” said Reuters, adding that “German policymakers aim to boost demand for electric cars to cut emissions.” The plan is also for older Teslas to receive software upgrades. (Source: Reuters) Read the original article…
Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.
There is movement on the zero-emissions vehicle incentive front, as dealers in Canada will have a month to get their claims in and receive reimbursement from the federal government. The program, which offered up to $5,000 in rebates for eligible …
Recent data from Urban Science revealed continued stability across the United States’ automotive retail network in 2024, with dealership counts up and a new post-pandemic throughput high expected in 2025. In its update, the company said there were 27 more …
Vietnamese electric vehicle maker VinFast is reportedly planning to scale back its retail operations by closing five of its 10 corporate-owned stores in Canada. The news comes according to multiple media outlets, including Driving.ca, MSN, and Retail Insider. VinFast roared …
The New Car Dealers Association of BC has reacted to the federal government’s announced $22.7 million to support eight new electric vehicle charging projects in British Columbia. The NCDA welcomed the news, which will see the addition of more than …
The Canadian Automobile Association (CAA) conducted a real-world winter electric vehicle performance study with vehicles representing more than two-thirds of Canadian EV sales. As part of the CAA EV Winter Test, vehicles were driven from Ottawa, Ontario, to Mont Tremblant, …
Data from Equifax’s Canada Q3 Business Credit Trends Report may be of interest to dealers, especially those just starting out, as findings show newer Canadian businesses are driving significant growth in debt balances. The company said it sets a complex …