London Free Press
The bankruptcy of a Volkswagen partner in electric vehicle battery production will not threaten the automaker’s St. Thomas investment, industry experts say. The development does, however, demonstrate increasing volatility in the EV sector during this high-tariff automotive environment, and the $7-billion PowerCo EV battery plant in Southwestern Ontario may face future delays, they said. Northvolt, […]
London Free Press
Anti-Trump sentiment and the looming Canada-U.S. trade war may put a damper on the Tesla brand here, observers say, as the electric vehicle giant prepares to open a new dealership in south London.  Tesla, a brand owned by billionaire Elon Musk, a top aide to U.S. President Donald Trump, is preparing to open a new […]
London Free Press
The end of federal government cash subsidies for electric vehicle purchases will likely have little effect in London and region, the hub of EV production in Canada, say automotive industry observers.