Canada

Canada is gearing up to impose tariffs on Chinese electric vehicles (EVs) to align with the US and EU. The move comes as part of a global trend to combat "unfair" competition in the EV market. Canadian Prime Minister Justin Trudeau faces pressure to take action amid a surge in Chinese EV imports. The industry's push for tariffs aims to protect domestic jobs and maintain alignment with key trade partners. The EV tariff battle continues to intensify on the global stage.

Tesla strategically acquires talent from Koch's direct drive robot company Genesis Motion Solutions. Genesis engineers join Tesla to work on actuators for humanoid robotics, hinting at Tesla's interest in advanced technology for their projects. Despite recent layoffs, Tesla's AI and Robotics department remains a priority for self-driving and robotics development. The acquisition signifies Tesla's continuous innovation in manufacturing automation technologies through smaller strategic acquisitions.

A hands-on review of the Tesla Cybertruck reveals impressive technology like drive-by-wire and rear-steering. While the design receives mixed reviews, the innovative features shine. The attention-grabbing truck prompts safety concerns due to its novelty. Driving the Cybertruck offers a smooth, quiet experience, but drawbacks like poor rear visibility and lack of Autopilot are noted. Range and charging capabilities fall short in comparison to other Tesla models. Overall, a Tech Marvel with unique design choices and potential impact on the industry.

Genesis, Hyundai's luxury brand, is set to use electric motors from Lucid Motors for its upcoming flagship electric convertible. Despite Hyundai working on their own electric platforms, Genesis opts for Lucid's motors due to timing constraints. The Genesis X Convertible Concept, slated for 2026 production, will likely feature Lucid's motors. This move follows Lucid's partnerships with Formula E and Aston Martin, solidifying their position as a go-to electric motor supplier.

Daimler Truck North America partners with Li-Cycle to recycle lithium-ion EV batteries. Li-Cycle operates four processing facilities in North America, aiming to turn battery materials into reusable products. Construction of Li-Cycle's flagship Hub facility in Rochester is on hold for review after receiving a loan from the US Department of Energy. Despite financial challenges, the company secured a $75 million investment from Glencore. Interested in resilient power solutions? Consider solar energy with battery storage. Visit EnergySage for competitive pricing and reliable installers.

Rivian has significantly reduced prices on existing inventory of 2023 and 2024 R1S and R1T models in the U.S. and Canada, offering discounts on optional powertrains and battery packs. The move aims to boost Q2 sales results as the company expects flat sales in 2024. Buyers can now benefit from rebates while the lineup features various battery and powertrain options. Custom orders maintain original prices and are eligible for a $3,750 federal tax credit.

Tesla marks a milestone with its 3 millionth car produced at the Fremont factory, once owned by Toyota and GM. The latest vehicle, a 2024 Tesla Model S sedan, showcases the company's growth. The factory employs over 22,000 workers and has been crucial to Tesla's success, producing over 550,000 vehicles in 2023. With a shift to the Shanghai Gigafactory, Tesla continues to dominate the EV market, with the Model Y becoming the world's best-selling car. Source