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Volkswagen Could Build its Next Battery Factory in Ontario

The automaker has already signed an agreement with the federal government. Other sites in North America are still being considered. This will be VW’s first battery factory outside of Europe. Ontario is still on the shortlist in Volkswagen’s search for a place where to...

Increasing Inventories Could Bring Car Prices Down Further in 2023

2022 was the worst sales year since 2009 for many automakers. Inflated vehicle prices mean many of them made more profits than before. Raising inventories and interest rates could bring prices back closer to pre-pandemic levels. 2023 could see a reduction in car prices...

Canadian Project Arrow Unveiled at the CES

This concept is made to showcase the Canadian automotive industry and is not intended to reach production. The electric SUV is expected to have an output of 550 horsepower and a range of around 500 kilometres (311 miles). The APMA says this concept...

Some Canadian-sourced lithium in new Tesla vehicles by mid-2023

2022 Tesla Model Y Performance | Photo: Vincent Aubé
  The agreement will provide 125,000 tons of lithium-rich spodumene concentrate between 2023 and 2025. The North American Lithium mine is located nearby Val-d'Or, in Quebec. Tesla had planed another mine in North Carolina before this new Canadian source for the precious material.   By mid-2023,...