Three years after announcing the ambition to build a brand-new electric vehicle, Canada’s Automotive Parts Manufacturers’ Association (APMA) has unveiled a fully functional concept vehicle of its Project Arrow EV. Developed to showcase of the skills and technologies available from Canadian suppliers, the Project Arrow has been unveiled in concept form at CES 2023 –
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The investment division of Volvo Group has made an undisclosed investment in Canadian autonomous driving technology company Waabi Innovation. The investment by the company that manufactures Volvo and Mack heavy-duty trucks represents its view that the commercialization of autonomous driving will come in freight movement before passenger cars. “Volvo Group can add considerable strategic value
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BERLIN — Northvolt believes in Germany as an industrial location and continues discussions on building a battery plant there, it said on Wednesday amid speculation that the Swedish battery maker could divert its planned investment to the U.S. The $369-billion U.S. Inflation Reduction Act passed last year prompted companies including Northvolt to rethink planned investments
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8:34 AM ET Associated Press CHARLOTTE, N.C. — Kyle Busch, Clint Bowyer and Kevin Harvick will all make their debuts this season in Tony Stewart’s summer all-star series, while four-time Indianapolis 500 winner Helio Castroneves confirmed Wednesday he’ll return for a third season. Busch, who left Joe Gibbs Racing at the end of last season
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Automotive News Retail Forum: NADA on Jan. 26 in Dallas will feature conversations with key retail industry leaders and dealers that will explore top-of-mind topics, including the new tax credits for EVs and how proposed regulatory changes could impact advertising and finance and insurance practices. Attendees will hear from auto industry leaders including Damon Lester,
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Electric truck and charging station company Forum Mobility is teaming up with CBRE Investment Management on a $400 million joint venture. The partnership between Forum and CBRE’s investment arm to electrify the infrastructure of California’s coastal port communities and small independent truck operators is the latest deal involving a major real estate player and an
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Climate activists across three different social awareness groups have banded together to post over 400 irreverent billboards across Europe, using subvertising tactics to expose automakers like Toyota and BMW for promoting zero-carbon BEVs while simultaneously lobbying to keep combustion vehicles on roads for decades to come. The goal of these billboards is to not only
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