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9 Billion Plan to Help Victims of Massive FloodsHSBC, StanChart Press Sunak to Ease Clampdown on China BusinessXi Praises Orban As a Model for China-EU TiesMexico Weighs Options to Absorb Up to $40 Billion of Pemex DebtTurkish Central Bank Raises Inflation Outlook That Shapes PolicyTurbine-Hating Trump Poses New Threat to Beleaguered Offshore WindRed States Challenge Biden’s Coal-Plant Pollution CurbsBP Keen to Buy Tesla Supercharging Sites for US ExpansionTop US Nuke Plant Owner Wants to Add...
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Electric vehicle maker Lion Electric cuts about 120 jobs as it looks to reduce costsMONTREAL — The Lion Electric Co. says it's cutting about 120 jobs as part of a plan to reduce costs. The Montreal-based maker of electric trucks and buses...
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Honda to Spend $11 Billion on Electric Vehicle Strategy in CanadaHonda Motor Co. will spend C$15 billion ($11 billion) to build out its electric-vehicle supply chain in Canada, with billions of dollars of financial aid from government, as the Japanese automaker seeks to tap long-term demand in the region.
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Toyota Is Investing $1.4 Billion to Build Another All-Electric SUV in USToyota Motor Corp. is moving ahead with plans to manufacture and sell more electric vehicles in the US by investing $1.4 billion at a plant in Indiana, the Japanese carmaker’s second such announcement this year.
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Honda’s $11 Billion Electric-Vehicle Plan Includes Government Aid From CanadaHonda Motor Co. will spend C$15 billion ($11 billion) to build electric vehicles north of Toronto, with lawmakers in Canada promising significant financial aid, according to a person with knowledge of the matter.
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