The Biden administration recently ordered an investigation into the national security threat posed by Chinese connected-vehicle technology. The outcome, if taken to an extreme, could result in a ban on the import of Chinese vehicles into the United States. But there is much more driving the ... READ MORE >
electric vehicles
The UAW strike’s potential impact on U.S. auto sector
The United Auto Workers union strike comes at a critical time when U.S. automakers are trying to position themselves as global leaders, especially on the electric vehicle front. An enduring UAW strike could have significant financial implications for automakers, causing them to redirect crucial ... READ MORE >
This week in energy: OPEC+ cuts, battery factories, carbon capture
In this week's energy industry analysis, we take a look at the recent OPEC+ production cut decision, the U.S. government stepping up investment and policy support around battery manufacturing, and the landscape of carbon capture incentives in Canada. OPEC+ cuts cause supply scramble After over five ... READ MORE >
Electric vehicle infrastructure creates opportunities for real estate
The adoption of electric vehicles has grown tremendously over the past year and a half. The trend will accelerate as consumer demand, which is being fueled by higher gasoline prices, tax incentives, funding from the Inflation Reduction Act, and the increased desire for environmental sustainability, ... READ MORE >
Canada positioned to thrive in EV landscape—and other takeaways from EV/VE 2022
Electric mobility is no longer the future—it’s the present. That was one of the key messages at EV/VE 2022, Electric Mobility Canada’s conference in Toronto last month. The national not-for-profit organization’s event drew electric vehicle sector stakeholders including federal and municipal governments, ... READ MORE >
Canadian retail sales rebound amid strong auto demand
Retail sales in January went up by 3.2%, fully offsetting December’s decline despite the spread of the omicron variant, according to Statistics Canada. In terms of volume, sales increased 2.9%, and there was growth in most industries. The fact that most sectors were little affected by omicron ... READ MORE >
CHART OF THE DAY: Markets prepare for favorable clean energy policies
Joe Biden’s clean energy plan has recently been a point of focus. And the prospect of a Biden victory in the presidential election has spurred a rise in stocks set to benefit from his proposed $2 trillion package, which is meant to kick-start the nation’s economy toward net-zero carbon emissions by 2050. ... READ MORE >