VANCOUVER, BC, May 28, 2025 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) (“GreenPower” and the “Company”), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the closing of the second tranche of its… Continue reading GreenPower Closes Second Tranche of Term Loan Offering
Tag: Electric vehicles
Trump’s Tariffs Turn Porsche’s Headwinds Into a ‘Violent Storm’
The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the Trump administration. Go to Source
Dozens of unsold Tesla Cybertrucks are piling up at Detroit parking lot
Tesla’s Cybertruck sales dropped significantly in recent quarters, leading to a rapid buildup of unsold inventory. And it looks like the company is resorting to unconventional storage sites for the excess vehicles. One such location, per Crains Detroit Business, is a Detroit shopping center that is now in violation of city code for storing dozens… Continue reading Dozens of unsold Tesla Cybertrucks are piling up at Detroit parking lot
Brakes Plus Drives into New Territory, Opens First Oklahoma Location
OKLAHOMA CITY, May 28, 2025 /PRNewswire/ — Buckle up, Oklahoma City! Brakes Plus, a trusted name in automotive maintenance and repair, is thrilled to announce the grand opening of its first-ever Oklahoma location at 4900 N May Ave Oklahoma City, OK 73112. This milestone marks a significant leap in the company’s expansion as part of the… Continue reading Brakes Plus Drives into New Territory, Opens First Oklahoma Location
Nissan claims buyouts for workers at US EV plant are a ‘crucial’ part of its comeback
The struggling carmaker is urgently cutting costs as it looks to turn things around. Nissan is offering buyouts to US workers at its Canton, Mississippi, plant, citing it as a “crucial” part of its comeback plan. Nissan offers buyouts for US workers at its Canton plant Nissan has been in the spotlight over the past… Continue reading Nissan claims buyouts for workers at US EV plant are a ‘crucial’ part of its comeback
Tesla is losing money insuring its own cars
Tesla’s insurance products are currently unsustainable, according to a new report that shows the company is losing money insuring its own cars. Tesla vehicles have long had a reputation for being expensive to insure. The automaker tried to address the situation on multiple fronts. It launched its own “collision centers” to try to control repair… Continue reading Tesla is losing money insuring its own cars
Volvo XC70 returns as a PHEV with a massive EV range
Being an ‘XC’ rather than ‘EX’ (like the new EX40 and EX90) also means the the XC70 isn’t a pure-EV, favouring plug-in hybrid technology instead. Unlike the XC90, which sits on Volvo’s SPA (Scalable Product Architecture) platform, the XC70 is underpinned by the new SMA (Scalable Modular Architecture), which Volvo calls a “premium extended-range plug-in hybrid architecture”.… Continue reading Volvo XC70 returns as a PHEV with a massive EV range
Volvo EC40 Plus long-term test: understated EV is great for long trips
While we were away, the EC40 was excellent. The simplicity of the infotainment and tech suits me perfectly, and it’s a comfortable, practical car with a smooth motorway ride. I’ve spoken with colleagues about my love of Volvo and wondered if I’m the only one. Many of them have been behind the wheel of the… Continue reading Volvo EC40 Plus long-term test: understated EV is great for long trips
Car Deal of the Day: Ford Explorer gives you practicality, style and EV power for £228 a month
Smart interior Fun to drive £228 a month Ford is in the midst of giving some of its iconic nameplates EV power – we’ve had the Mustang Mach-E, the Capri and now this, the Explorer. Granted, the Explorer SUV was never a household name like the others, but we think the crossover might be the… Continue reading Car Deal of the Day: Ford Explorer gives you practicality, style and EV power for £228 a month
New Ford Fiesta: latest details on supermini’s potential return
The firm dismissed the idea of putting a Fiesta-shaped top hat on its new Puma Gen-E running gear, suggesting that doing so would all but erode the already tight margins – especially when throwing third-party suppliers into the mix. It’s worth noting that Ford also has its California-based Skunkworks team, which has been tasked with… Continue reading New Ford Fiesta: latest details on supermini’s potential return