12:38:26 EDT Thu 16 Oct 2025
Enter Symbol
or Name
USA
CA



Honda CDR (CAD Hedged)
Symbol HNDA
Shares Issued 70,000
Close 2025-10-14 C$ 10.68
Market Cap C$ 747,600
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Globe says Tesla hears the world is moving toward EVs

2025-10-15 08:21 ET - In the News

See In the News (C-TSLA) Tesla CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday edition that despite challenges facing the electric-vehicle industry, its clear that the costs of EVs are falling as technology improves, and that their worldwide share of the market will keep expanding, displacing internal combustion engines. The Globe's Jeffrey Jones writes that is the view of Bentley Allan at the Canadian non-profit Transition Accelerator. Canada has the critical minerals, precision manufacturing expertise and assembly capacity to be a key player as trade relationships shift, said Mr. Allan, who is also an associate professor of political science at Johns Hopkins University. Some countries outside the United States, such as Indonesia, Egypt and Ethiopia, import Chinese EVs and conduct final assembly domestically because of the economic advantages, such as reducing oil and gasoline imports, rather than climate aims. This is an opportunity for Canada, he says. "There are also just these underlying thermodynamic advantages to electric vehicles, which are going to continue to drive the market globally," Mr. Allan said. Canada has maintained a 100-per-cent tariff on Chinese EVs, which sell for prices that would undercut models available domestically.

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