Automotive

BEIJING (AP) — A less flashy Chinese electric vehicle maker is fast closing the gap with Tesla, the longtime, market-leading pioneer. BYD Co., based in the southern China tech hub of Shenzhen, dethroned Texas-based Tesla Inc.

DETROIT (AP) — Undeterred by high prices, rising interest rates, autoworker strikes and a computer-chip shortage that slowed assembly lines, American consumers still bought 15.

TORONTO — Auto sales jumped 11.8 per cent in 2023 compared with the year before as vehicle supply continued to improve, according to DesRosiers Automotive Consultants. The report says it was the biggest year-over-year increase in sales since 1997.

Many of us will renew our vows to self-improvement in the form of New Year’s resolutions. For many of us, those commitments will unravel before summer.

VANCOUVER — Ballard Power Systems has signed a new long-term supply agreement with bus maker NFI Group Inc. The Vancouver-based fuel cell company says the deal marks a new phase in its partnership with NFI.

DETROIT (AP) — Steep price cuts helped electric vehicle maker Tesla Inc. increase its fourth-quarter vehicle sales by almost 20% as EV sales growth slowed across the industry.

Canada’s 100 highest-paid CEOs broke records with their compensation in 2022, according to the Canadian Centre for Policy Alternatives. “The data this year is breaking new all-time highs,” said senior economist David Macdonald.

HALIFAX — Not so long ago, the largest community in Cape Breton was best known as home to one of the most toxic waste sites in North America: the infamous Sydney tar ponds.

BIBLE HILL, N.S. — Nova Scotia RCMP say they are investigating a suspected arson in Bible Hill following an early morning house fire and the discovery of an abandoned car on a nearby highway.

A look at news events in October 2023 1 – Two people die after a bear attack in Alberta's Banff National Park. Parks Canada staff kill the grizzly bear for public safety. 1 – It goes down to the wire, but the U.S.