Tesla to Build Factory in Shanghai for Large-Scale Batteries
The company plans to break ground this year on a plant that will produce 10,000 of its energy-storage units known as Megapacks annually.
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In Ohio, Electric Cars Are Starting to Reshape Jobs and Companies
The state, heavily dependent on the auto industry, is a case study in whether electric vehicles will create or destroy jobs.
Posted inBatteries BYD Co Ltd China Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Germany Musk, Elon Production Tax Credits, Deductions and Exemptions Tesla Motors Inc United States
Tesla Sales Jumped in the First Quarter
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
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New Rules Will Make Many Electric Cars Ineligible for Tax Credits
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.