Category: News Alert

Audi execs charged in Dieselgate scandal

August 10, 2020

Four Audi executives have been charged by German prosecutors for allegedly overseeing engine software design to bypass emissions tests as part of the Dieselgate scam. “Last month it was revealed multiple offices belonging to Fiat-Chrysler were raided across Europe in …

Panasonic to improve Tesla battery

July 31, 2020

Panasonic Corp recently announced that it plans to boost the energy density of the 2170 lithium-ion battery cells that it supplies to Tesla by 20 per cent over the next five years. The cells are currently made with nickel-cobalt-aluminum cathode …

Fiat Chrysler limits losses

July 31, 2020

Fiat Chrysler Automobiles (FCA) announced Friday an adjusted loss of $1.1 billion (928 million euros) in the second quarter as a result of the pandemic. The loss, although significant, is smaller than predicted because of the OEM’s strong performance in …

CEWS bill C-20 receives unanimous consent

July 27, 2020

Bill C-20, which will effectively transform the Canadian Emergency Wage Subsidy (CEWS) into an economic stimulus program was unanimously passed in the House of Commons last week. The legislation will revise the CEWS by expanding eligibility requirements, introducing a sliding …

Tesla sues rival Rivian

July 27, 2020

Tesla filed a lawsuit on July 23, 2020 against its competitor Rivian, an American electric vehicle start-up with facilities across the United States, Canada, and the United Kingdom. In the lawsuit, Tesla claimed that Rivian poached its employees and stole …

FCA offices searched in emissions probe

July 27, 2020

Fiat-Chrysler (FCA) offices were searched in Germany, Italy, and Switzerland last week as German authorities continue to investigate the role of the company’s employees into software that may have been used to defeat emissions detection devices. Prosecutors believe the engine …