PowerCo SE, founded by automaker Volkswagen, said it is sticking with its plan to build a massive battery factory in St. Thomas, Ont., regardless of tariff talk.

The demand for EVs in America weakened in 2025, with inventory levels growing and incentives being slashed. According to EV ...

Following the Electrified G80, the GV70 EV is being dropped in the U.S., with weak sales and subsidy cuts pushing Genesis toward hybrids.