EV/AV Report: Electric vehicles break records; humanoid robots begin work at BMW
Toronto, Ontario — Ford’s Mustang Mach-E sets a Guinness World Record for the longest distance travelled on a single charge; while BMW Group reports a successful trial of Figure’s latest humanoid robot at its plant in South Carolina in this weekly electric and autonomous vehicle report. An electric record A driving team from the United […]
Tuesday Ticker: Federal government weighs options on Chinese EV tariffs; PPG reports Q2 financials
Toronto, Ontario — In this weekly economics report, the Canadian government continues tariff talks, with insight from a supply chain expert. Plus, PPG reveals its Q2 2024 financials. Canadian considerations The federal government is currently engaged in conversations on whether to impose tariffs on the import of Chinese-made electric vehicles. The Globe and Mail reported […]
Tuesday Ticker: Volkswagen’s investment pushes Rivian shares; report claims Chinese vehicles will claim 33 percent market share by 2030
Toronto, Ontario – This weekly Tuesday Ticker covers Volkswagen’s recent partnership with Rivian and its impact on the latter’s stock. Meanwhile reports claim Chinese-made cars will claim 33 percent of the global market share by 2030. Volkswagen throws a vine Last week, Volkswagen and the electric vehicle startup Rivian announced a new joint venture partnership. […]
EV/AV: Electric vehicles reach the peak; while Rimac launches new robo-taxi service
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Ford’s F-150 Lightning becomes the winner of the Pikes Peak International Hill Climb race; while Rimac launches ‘Verne,’ a robo-taxi service. Reaching the peak On June 23rd, Romain Dumas became the Pikes Peak International Hill Climb (PPIHC) 2024 ‘King of the Mountain’ while racing […]
Battery Boogie: Ford files patent for swappable battery system in electric and hybrid vehicles
Toronto, Ontario — Ford has released a patent for a swappable battery system in electric and hybrid vehicles that relies on a drive-up docking station and a vehicle’s own power to function. According to a patent application published by the United States Patent and Trademark Office (USPTO) in May, and originally filed by Ford in […]
EV/AV Report: Electric vehicles climb mountains; while autonomous vehicles face regulation scrutiny
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Ford plans to run an augmented F-150 Lightning in the upcoming Pikes Peak International Hill Climb; while the Insurance Institute for Highway Safety (IIHS) calls on the National Highway Traffic Safety Administration (NHTSA) to increase the regulations surrounding autonomous vehicles. Race to the clouds […]
Riding the Age Wave: Average age of vehicles in the U.S. reaches 12.6 years in 2024, according to S&P Global Mobility
Toronto, Ontario — According to a recent S&P Global Mobility report, vehicles on the road are continuing to get even older with the average age of cars and light trucks in the United States now reaching 12.6 years in 2024. This age represents a two month age increase from 2023, however, S&P Global Mobility noted […]
Get Your Own Gas: Bugatti Rimac proposes future cars could come with at-home synthetic fuel stations
Toronto, Ontario — Bugatti Rimac CEO Mate Rimac recently suggested that future vehicles could come with an at-home fuel station that relies on synthetic fuels. While many other automakers are currently looking to make the switch to electric, Rimac commented at the Financial Times Future of the Car Summit in London, England on May 7th […]
Pedestrian Predicaments: Electric vehicles more likely to hit pedestrians than ICE vehicles, says recent study
Toronto, Ontario — According to a study run by The Guardian, hybrid and electric vehicles (EVs) are more likely to strike pedestrians than internal combustion engine (ICE) vehicles, especially in urban areas. This information comes from an analysis of British road traffic accidents in which “data from 32 billion miles of battery-powered car travel and […]
Recap in Rhodes: A lookback at day two of the 2024 IBIS Global Summit
Rhodes, Greece — Day two of the International Bodyshop Industry Symposium’s (IBIS) 2024 Global Summit drew leaders from around the globe to its “Transforming Tomorrow Together” event, and to celebrate the success of industry members such as Canada’s own Michael Macaluso, Group President and EVP-Paint, Collision and Glass Business, Driven Brands who received the Lifetime […]
