Volkswagen has chosen a Canadian site for the first EV battery factory of its new PowerCo business unit outside Europe. Located in St. Thomas, Ontario, the factory is expected to start producing battery cells in 2027, according to a VW press release. It will be the third PowerCo battery plant globally, along with plants in Salzgitter, Germany, and...
The Porsche Cayenne will get an all-electric variant, with a new flagship electric SUV positioned above it, Porsche confirmed Monday in its 2022 financial results presentation. The electric Cayenne will be included in a redesign marking the model's fourth generation. Porsche did not discuss specific launch timing, but it said the next-generation...