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Breton also is co-chair of a government working group on charging infrastructure. "People seem to forget that the backbone of the infrastructure is not public charging, it's home charging," Breton said. 'SERIOUS CHALLENGE'Breton said that 30% of the cost of installing a home EV charging station in the U.S. is covered by a federal tax credit, while California residents can receive rebates for upgrading charging stations and electric panels. Most Canadians drive short distances to work, meaning that public charging is mainly necessary for longer-haul travellers, Breton said. Canada had 19 EVs per public charging point in 2022, while the number was 24 in the U.S., according to the Paris-based International Energy Agency.

Persons: Chris Helgren, Justin Trudeau's, Canada's, Daniel Breton, Breton, Brian Kingston, Kingston, Joanna Kyriazis, Rod Nickel, Denny Thomas, Paul Simao Organizations: Volkswagen, Canadian, REUTERS, Companies Parkland Corp, Justin Trudeau's Liberal, Infrastructure Bank, Parkland Corp, EV, Electric Mobility Canada, Natural Resources, International Energy Agency, Clean Energy Canada, Simon Fraser University, Canadian Vehicle Manufacturers ' Association, Thomson Locations: Toronto , Ontario, Canada, WINNIPEG , Manitoba, British Columbia, Canadian, Parkland, Breton, U.S, California, Natural Resources Canada, Paris, Vancouver, Ottawa, Winnipeg , Manitoba

☆ EV charging needs big improvements soon if the auto industry's transition is going to work
▼ + stars: | 2023-09-19 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +11 min

Simply put, America's patchwork of CCS chargers offers spotty coverage, hard-to-use devices, and, too often, chargers that are broken. Not to mention, there are fewer than 12,000 CCS fast chargers across the U.S. today. Opening up the Tesla charging network to our customers, that's about them and it scales very quickly for them. watch nowThe broad uptake of Tesla's charging tech is generally good news. What's more, Tesla's chargers all work the same way, whereas CCS chargers from rival companies may have very different procedures.

Persons: Mark Blinch, Reuters There's, General Motors, it's, Joe Biden, Tesla, Justin Sullivan, JD Power, Brent Gruber, Ford, John Lawler, Lawler, We're, Elon Musk, EVgo Organizations: Benz, Canadian, Reuters, Ford Motor, General, Volkswagen, Cox Automotive, Consumer, Energy, Institute, University of Chicago, Associated Press, NORC, for Public Affairs Research, United Auto Workers, EV, Public, U.S . Department of Energy, —, Detroit, CCS, University of California, JD, Ford EV, Ford, GM, Volvo, Mercedes, SAE International, ABB Locations: Toronto , Ontario, Canada, U.S, San Rafael , California, Berkeley, Bay, Swiss

☆ Vietnamese EV maker VinFast to begin trading on the Nasdaq Tuesday after completing SPAC merger
▼ + stars: | 2023-08-15 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

A VinFast VF7 electric vehicle is seen during the 2023 Canadian International AutoShow in Toronto, Canada on Feb. 17, 2023. Vietnamese electric vehicle maker VinFast is expected to list on the tech-focused Nasdaq on Tuesday morning in New York, following completion of its merger with the U.S.-listed special purpose acquisition company Black Spade Acquisition . On Monday, VinFast said in a joint statement with Black Spade Acquisition that it would commence trading on Aug. 15. The deal values VinFast at approximately $23 billion, according to a June filing with the U.S. Securities and Exchange Commission. Following the merger, Black Spade became a wholly owned subsidiary of VinFast and is expected to delist from the New York Stock Exchange, said the joint statement.

Persons: VinFast, Black Spade, Le Organizations: U.S, Spade, U.S . Securities, Exchange Commission, New York Stock Exchange, Thuy, CNBC Locations: Toronto, Canada, New York, VinFast

[1/2] A 2020 Toyota Mirai hydrogen electric fuel cell car is displayed at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020. The decision marks a shift in focus for the Japanese automaker, a major backer of hydrogen fuel-cell vehicles as an alternative to electric vehicles. Toyota sold just over 3,900 fuel cell vehicles in 2022, less than half of 1% of its global sales of around 9.5 million vehicles. In May, Toyota and Daimler Truck Holding (DTGGe.DE) said they had agreed to cooperate on hydrogen technology and reached a preliminary deal to combine their truck businesses in Japan. Toyota launched its dedicated fuel-cell unit, the Hydrogen Factory, with 1,350 staff earlier this month.

Persons: Chris Helgren TOKYO, Hiroki Nakajima, Nakajima, Daniel Leussink, Kevin Krolicki, Louise Heavens Organizations: Canadian International, REUTERS, Toyota, North, Technology, Daimler Truck, Hydrogen, Fuji, Honda, General Motors, Thomson Locations: Toronto , Ontario, Canada, Europe, China, North American, Japan, California

☆ U.S. apparel trade group calls to recall Canadian Parliament as ports strike enters 10th day
▼ + stars: | 2023-07-10 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

A picket line at the Neptune Terminal at the Port of Vancouver during a dockworkers strike in Vancouver, British Columbia, Canada, on Wednesday, July 5, 2023. As a workers' strike at West Coast Canadian ports enters its 10th day, trade associations both in the United States and Canada are warning the impact will inflate prices and cause weeks of delays in product arrivals. Approximately $572 million in container trade arrives daily to the U.S. from Canada, according to a breakout of U.S. Census data. From January 2022 to May 2023, total monthly U.S. goods imports from Canada ranged from $31 billion to nearly $41 billion. The Canadian Chamber of Commerce estimates $605 million in trade moves through one of those two ports daily.

Persons: Vancouver and Prince Rupert, Steve Lamar, Lamar, Bruce Rodgers, Seamus O'Regan Organizations: Port, West Coast, Canadian Chamber of Commerce, American Apparel and Footwear Association, CNBC, Warehouse Union, British Columbia Maritime Employers Association, Canadian International Freight Forwarders Association, Logistics Locations: Port of Vancouver, Vancouver , British Columbia, Canada, United States, U.S, Vancouver, British Columbia, British

☆ Google Maps got a big update that shows where fast-charging EV stations are and more
▼ + stars: | 2022-11-17 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

If you drive an EV, you'll be able to filter charging stations to find the most time-efficient option. The update is available in countries where EV charging stations are available, according to Google. Google Maps is also getting an update to its augmented reality tool. When you hold up your phone, for example, and tap the camera icon in Maps, you'll see nearby landmarks, parks, hotels, restaurants, bars, banks and ATMs. You'll also see info like how busy the location is, whether or not it's open, what the price range is and how it's rated by Google Maps users.

☆ Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles
▼ + stars: | 2022-10-06 | by ( John Rosevear | ) www.cnbc.com time to read: +2 min

A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. "I really believe that in this decade, we will flip from being based upon high tech internal combustion engines to going dominant electric, if not all electric, in the luxury segment." Mercedes plans to sell its electric vehicles alongside internal-combustion models for at least several more years. But Kallenius expects that most of Mercedes' affluent customers will favor the electric versions in time. "As long as you give the customer a superior product to what they had before, they're open minded for a switch" to electric models, he said.

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