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Tag: Electric Vehicles (EV)

Stellantis plans $US2.8 billion overhaul of two Canadian factories to build EVs

MSNBC »

Auto giant Stellantis will invest about $2.8 billion to overhaul two Canadian factories to build fully electric and hybrid vehicles, the company said on Monday, as part of its $35 billion global commitment to electrification and related initiatives.

The revamp will allow the automaker to build such versions of several of its upcoming models using new “multi-energy” architectures. The company also will add a battery lab to its existing research and development facility in Windsor, Ontario, creating 650 new jobs.

Retooling of the company’s Windsor assembly plant is expected to begin in 2023, with a revamp and modernization of a second plant in Brampton, Ontario, to follow the next year. Both revamped factories are to be up and running by 2025, Stellantis said.

More at Green Car Reports / Motor Trend / BNN Bloomberg / Electric Autonomy

High purchase prices are stopping most Canadians from buying electric vehicles (EV)

John Shmuel, BNN Bloomberg »

The survey, which was conducted by Leger Marketing earlier this month, asked 1,511 Canadians if they were planning to purchase a new electric vehicle in the near future. It found that just over one in four, or 26 per cent of Canadians, are planning to do so. On the other hand, 19 per cent of Canadians are planning to buy a gas/diesel/hybrid card for their next purchase.

Those who aren’t planning on buying an EV were asked what the biggest reason for their decision was. By far, it was the price of these vehicles: 31 per cent of this group cited cost as the main reason for not electrifying their ride. Another 59 per cent of respondents cited it as a concern, but not the main one. Other reasons for not wanting to buy an electric vehicle included lack of infrastructure (18 per cent), range concerns (16 per cent), and battery life and replacement (13 per cent).

What’s interesting is that it’s clear that government incentives for EVs are the most powerful tool right now to drive adoption. When asked if further government incentives would convince them to buy an electric vehicle, 78 per cent of those surveyed said yes.

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