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... VW picks Canada for first American PowerCo EV battery plant
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... 
Hertz this week announced plans to nearly triple its EV rental fleet in the heart of America's oil industry. The rental giant plans to bring 2,100 EVs to Houston, as well as an "EV fast-charging hub" at Houston Hobby airport that will serve both ride-hailing drivers and the general public, according to a company press release. This adds to Hertz's... 
Mitsubishi on Friday announced a medium-term product plan that will see the automaker launch 16 vehicles globally over the next five years, nine of which will be electrified. Among those models will be an electric pickup truck. The automaker sees the 2023 to 2025 period as a "turning point to a major transition era," with an increased focus on... 