Accelerate EV

Energy Minister Adrian Dix is shifting goal-setting, cash incentives and blame for high electric-vehicle prices to Ottawa. Dix said the 100-per-cent sales goal, and a 90-per-cent target for 2030 were no longer "realistic," and the government saw rebates "as a federal responsibility."

And, where do we go from here? Without subsidies and tax credits to help stimulate market demand, it makes it easier for the EV supply chain to fall by the waist side. The future is bright, but also hazy.

B.C. redrawing EV sales mandate, scraps goal of 100% by 2035, leaves rebates to feds | CBC News British Columbia has abandoned a rebate program for electric vehicles that it paused six months ago and is scrapping a mandate that every new vehicle sold in the province must be zero-emission by 2035.

"The Conservatives pushed for the study after Stellantis last week said it would be moving planned production of its Jeep Compass from its plant in Brampton, Ont., to Illinois, threatening 3,000 workers at the Canadian facility."

It's one thing for Canada to abandon its short-lived ambition for building EV and its EV supply chain. However, now car companies are considering whether it makes sense to build cars in Canada at all. These are dark times for our financial stability.

Stellantis will face MP study over contracts after Jeep production move | Globalnews.ca The Conservatives pushed for the study after Stellantis announced it would be moving planned production of its Jeep Compass from its plant in Brampton, Ont., to Illinois.

The Tesla Model 3 and Y Standard's have arrived. Priced in USD, they're about $5,000 cheaper than their previous based model. A couple of things have changed with respect to trim, lights, seats, etc., but it's not dramatically different.

Strange to say, but given Elon Musk's new pay package, is this the best that he can do? Can't wait to see what's in store next for Tesla - literally!

Tesla’s New Budget Models Are Here—Are the Savings Worth the Sacrifices? Turns out that Tesla didn’t just create a cheaper Model Y, it added a cheaper Model 3 to go with it.

"High vehicle prices and high interest rates have weighed on shoppers who are already facing high food prices and feeling less secure in their jobs. New vehicle prices are up 2.9% since last year, to an average of $45,795 in September, while manufacturer-funded incentives that help shoppers afford vehicles at dealerships are roughly flat, according to J.D. Power."

Between ICEs and EVs, it's unclear who's going to be able to choose what. With both options front and center - it looks like fossil fuels over carbon emissions reductions.

Auto Industry Is Flashing a Warning Sign on U.S. Economy CarMax, the biggest seller of used cars, said that sales and profit plunged in the latest quarter. Its shares closed down 20%.