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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.

Canada 353
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BorgWarner on track for ~$3.7B of electric vehicle revenue by 2025

Green Car Congress

billion of electric vehicle revenue by 2025. The company now expects its 2022 electric vehicle revenue to grow to approximately $850 million—more than double what it was in 2021. Target markets include depots for electric buses and trucks, with a focus on the North American market. Earlier post.)

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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). We hope to further advance and expand both BYD and Toyota from the efforts of the new company with BYD.

BYD 283
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Saudi Arabia Launches First Electric Vehicle Company

Electric Cars Report

The Crown Prince of Saudi Arabia has launched Ceer, the first Saudi electric vehicle brand, as part of a push to diversify the economy of the oil rich country.

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FedEx Express Canada launches first 50 BrightDrop all-electric vehicles

Green Car Congress

The introduction of BrightDrop’s electric vans into the FedEx fleet in Canada is an important step in the company’s goal to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero-tailpipe emissions vehicles by 2040. Earlier post.)

Canada 369
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Watt Electric Vehicle Company unveils eCV1 electric chassis cab platform

Electric Cars Report

Watt Electric Vehicle Company (WEVC) revealed a unique lightweight and efficient chassis-cab product set to provide the foundation for next-generation electric light commercial vehicles. Designed for production of up to 5000 vehicles per annum, the innovative and highly flexible 3.5-tonne

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Major companies with large fleets release new EV roadmap for car & truck manufacturers

Green Car Congress

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. million on-road vehicles in the United States.

Fleet 476