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Battery factory in Becancour, Quebec: $600 million CDN

Planned production is currently on schedule. These battery cells are necessary for all these future EVs. Production will start in 2025.   The governments of Quebec and Canada confirmed today their financial support ($150M from Quebec and $150 M from Ottawa) for the Bécancour cam...

Electrified roads are coming to Sweden in 2025

Electrified roads exist in Sweden since 2016. The true first portion of electrified road will launch in 2025. This solution would reduce the size of batteries in EVs.   The automotive industry is currently still exploring other solutions to make the electrification of the automobile...

Mercedes-Benz asks its F1 team to speed up development time for future EVs

Development time must be quicker if Mercedes-Benz wants to stay ahead of the competition. The F1 team is used to this kind of deadline. The Mercedes-Benz EQXX was developed in only 18 months.   The race for electrification is in full swing in the automotive...

Price parity between small ICE vehicules and EVs will soon be reached

2023 Kia Niro EV
Price of EVs and ICE-powered cars will soon be at par. The International Energy Agency (IEA) declares that demand for petrol will eventually decline. The U.S. Inflation Reduction Act is behind this bigger forecast for EV adoption from the Agency.   According to the International...

BlueOval City: a new complex in the making for Ford’s EV strategy

Ford wants to assemble two million EVs per year by 2026. BlueOval City will have a production capacity of 500,000 EVs by 2025. Ford's second generation of trucks will be assembled at this new complex.   With each passing week, a new announcement about the...

Senate Bill Could Lock Out Roughly 70% of all EVs from Tax Credit

The percentage of battery components originating from North America is a limiting factor. As well, households with an adjusted annual gross income of up to $300,000 would be ineligible as well. This is a complicated Bill, dubbed the Inflation Reduction Act, which covers numerous...

GM Enlists Will Ferrell For Its Super Bowl Ad – He Hates Norway

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Norway is, per capita, the largest consumer of EVs in the world. This ad is part of GM’s EV push. The Big Game airs this Sunday. Will Ferrell is one of the most loved Hollywood superstars. His comedy is legendary and he’s loaned his...