Eight months after its announcement, Porsche Cars Canada Ltd. officially kicked off construction of Porsche Experience Centre Toronto late last week with a ground-breaking ceremony in front of approximately 100 attendees. Porsche Experience Centre (PEC) Toronto will be the first of its kind in Canada, the third in North America and tenth worldwide. It will sit on a dedicated 20-acre site in Pickering that is a part of Durham Live, a mega entertainment and tourism development which is a roughly 30-minute drive east of downtown Toronto. A casino and luxury hotel, which are already operating, will be joined by a concert venue and more than 400,000 square feet of retail space. Read original article here.
Honda releases details about new hydrogen fuel-cell EV
Honda provided a few more details relating to its next-generation hydrogen fuel-cell electric vehicle, which will be based on the CR-V. The as-yet-unnamed crossover will be part of the automaker’s push to eliminate carbon emissions from its lineup. In a …
Mercedes-Benz latest OEM to stop selling cars in Russia
Mercedes-Benz has become the latest carmaker to exit the Russian market following Moscow’s invasion of Ukraine in February 2022. The firm stopped building cars in Russia in March 2022, and it announced plans to sell its remaining Russian assets to …
Honda-Sony Mobility to produce luxury EVs for North America
The Honda and Sony joint venture chose to prioritize the North American market because EVs enjoy a rapid gain in popularity in the US and Canada, and also because it is the largest global market for Honda. This is why …
Magna invests $471 million into six EV facilities across Ontario
Auto supplier giant Magna International is making a nearly half-a-billion dollar investment to EV-ready its Ontario footprint. The Aurora, Ontario-based company announced today it is investing $471 million into six facilities across the province. The majority of the money—$265 million—will …
EV mandates will kill the SUV: Citroën CEO
SUVs are supplanting traditional sedans, hatchbacks, and wagons in sales, but the head of Citroën believes EVs could reverse that trend. “The world of SUVs is done,” Citroën CEO Vincent Cobée said in a recent interview with Auto Express (via …
EVs are disrupting the system
Electric vehicles are changing the way consumers shop and buy vehicles, and “dealerships are scrambling to adapt,” according to Insider. They added that “car shoppers of all kinds can expect to spend less time wandering dealership lots, talking with salespeople, …