The global electric battery market is expected to grow by US$37.69 billion between 2021-2025, with a CAGR (compound annual growth rate) of 21.78 per cent through 2024, according to a recent market report from Technavio. “The electric vehicle (EV) battery …
Average wholesale used vehicle prices in Canada were up again for the week ending on March 12, with the car segment increasing 0.15% and trucks/SUVs up 0.56%, according to Canadian Black Book’s latest Auto Market Update. In comparison, the car …
Distribution Stox, which specializes in the distribution of tires and accessories for cars and light trucks, has launched an online ordering platform and implemented an ERP (enterprise resource planning) software in its Ontario-based facilities. “We are thrilled to develop the …
Quebec-based Martins Industries, which designs and manufactures tire equipment to store, handle, inflate and display tires and wheels, has announced the addition of David Martin to its marketing and sales team. The company has distribution centres in Canada, the United …
Canada’s Prime Minister Justin Trudeau and Québec Premier François Legault announced on March 15 the details of an approximately $185 million investment in an electric vehicle battery plant in Quebec. The federal and provincial government have provided an equal investment …
A $155,000 investment to Eco-West Canada was announced on March 16 by Terry Duguid, Member of Parliament for Winnipeg South, on behalf of Canada’s Minister of Natural Resources. The investment is meant for the installation of 31 Level 2 electric …
The Prince Edward Island carbon tax paid back $5 million more than it collected at the pumps in its first year when it was introduced in April 2019, according to Driving.ca. “According to P.E.I. Auditor General Darren Noonan, the province …
In a major win for consumers and car dealerships in Australia, the federal government announced plans to better protect them from being abandoned by foreign automakers. The government will introduce fines of up to $10 million for misconduct, thanks to …
A coalition of nine countries led by the Netherlands and Denmark has called on the European Commission to select a phase-out date for internal combustion engines (ICE), according to Politico. “Ambitious policies and regulations — as setting a clear and …
Oxford will have a Zero Emission Zone (ZEZ) from August 2021 if the city council cabinet signs off on the plans. According to Auto Express, drivers of ICE vehicles entering parts of Oxford between 7:00 a.m. and 7:00 p.m. will …
Toyota company’s CEO Akio Toyoda told Japanese media he welcomed new entrants into the automotive sector, but offered some advice to Apple, which is eyeing the electric vehicle market with reported plans to sell an EV. Toyoda said that, after …
The number of used vehicles sold per dealer in 2020, on average, declined by 204 in 2019 to 172 vehicles last year, representing a decline of 15.8%, according to DesRosiers Automotive Consultants (DAC). However, a rebound is anticipated. The comments …
