System Shock: Interest in EVs slowing without stalling, McKinsey finds
Toronto, Ontario — While more and more drivers are buying electric vehicles, the pace of the transition away from gas powered cars is slowing in some parts of the world, according to a new report from McKinsey and Company. In its annual Mobility Consumer Pulse Survey, McKinsey examined consumer data that suggests the the path […]
Dream Team: Waymo and Toyota forge autonomous technology partnership
Toronto, Ontario — Waymo, Alphabet’s autonomous driving subsidiary, and Toyota Motor Corporation have announced a preliminary agreement to collaborate on the development and deployment of autonomous driving technologies. This partnership aims to combine Waymo’s expertise in autonomous vehicle technology with Toyota’s manufacturing capabilities to enhance both ride-hailing services and personally owned vehicles. A key aspect […]
Clean Slate: Bezos backed startup to release cheapest EV in the U.S.
Toronto, Ontario — Electric vehicle company Slate Auto, which is backed by Amazon founder Jeff Bezos, has unveiled a new truck it expects to be the least expensive EV available in North America. An electric vehicle startup backed by Amazon founder Jeff Bezos says it will sell a truck for US$27,000. Based in Troy, Michigan, Slate […]
