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Automotive
Automotive
$1.6B parts plant for Honda electric vehicle batteries coming to Niagara Region
A Japanese company is building an approximately $1.6-billion plant in Ontario's Niagara Region that will make a key electric vehicle battery component as part of Honda's supply chain in the province.
May 14, 2024 11:15 AM
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US suggests additional tariffs if production of Chinese electric vehicles moves to Mexico
WASHINGTON (AP) — The Biden administration is suggesting that additional tariffs could be put in place if the Chinese makers of electric vehicles try to move their production to Mexico to avoid newly announced import taxes.
May 14, 2024 11:11 AM
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Stock market today: Wall Street opens higher, adding to gains for May
NEW YORK (AP) — Stocks are opening slightly higher on Wall Street, putting the market a bit closer to the record high it set in late March. The S&P 500 edged up 0.
May 14, 2024 6:51 AM
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Statistics Canada reports wholesale sales down 1.1% in March
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4 billion in March.
May 14, 2024 6:16 AM
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Waymo is latest company under investigation for autonomous or partially automated technology
DETROIT (AP) — The U.S. government's highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo's self-driving vehicles.
May 14, 2024 4:48 AM
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Biden blocks Chinese-backed crypto mining firm from land ownership near Wyoming missile base
WASHINGTON (AP) — President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base, calling its proximity to the base a “national security risk.
May 13, 2024 3:50 PM
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Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
LIVONIA, Mich. (AP) — A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
May 13, 2024 1:24 PM
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Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
LIVONIA, Mich. (AP) — A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling.
May 13, 2024 1:22 PM
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Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes
DETROIT (AP) — Amazon’s self-driving robotaxi unit is being investigated by the U.S. government's highway safety agency after two of its vehicles braked suddenly and were rear-ended by motorcyclists.
May 13, 2024 12:22 PM
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GM's Cruise to start testing robotaxis in Phoenix area with human safety drivers on board
DETROIT (AP) — General Motors' troubled Cruise autonomous vehicle unit said Monday it will start testing robotaxis in Arizona this week with human safety drivers on board.
May 13, 2024 12:03 PM
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