Beijing’s decades-long push to reduce its dependence on foreign oil with huge investments in clean energy sources like electric vehicles is now paying off.
Category: Electric and Hybrid Vehicles
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China’s Edge in an Oil Shock: Electric Cars and Renewables
The New York Times – Business: -
Honda Scraps Plans for E.V.s While Start-Ups Forge Ahead
The New York Times – Business:The Japanese company’s retreat echoes moves by other traditional carmakers as the industry divides between electric vehicle haves and have-nots.
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Rising Fuel Costs Pressure Airlines and Truckers
The New York Times – Business:The price of jet fuel and diesel has surged since the war in Iran began, which could force airlines and trucking companies to pass on higher costs to their customers.
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For China, Billions of Dollars Are at Risk From a Widening War
The New York Times – Business:The country found a home in the Middle East for its investments and growing markets for steel, electric vehicles and solar panels. Those are now at stake.
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Ford and G.M. Face a Dilemma as China Excels in Electric Vehicles
The New York Times – Business:General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
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Elon Musk’s Secret Web of Companies in Texas
The New York Times – Business:The megabillionaire was tied to about 90 companies in the state, which he uses for everything from paying nannies to buying land to supporting Donald Trump’s re-election, according to a Times examination.
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Stock Slide and Slow Sales: What’s Happening in China’s E.V. Market?
The New York Times – Business:Investors are selling shares of Chinese E.V. companies, concerned that intensifying competition and shorter production cycles mean the years of easy growth are over.
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Uber Taking Steps to Expand Number of EV Chargers Near Its Drivers
The New York Times – Business:The company said it would encourage companies that operated chargers to install them in neighborhoods where its drivers lived and work.
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Laid-Off Battery Plant Workers Pin Blame on Ford, not Trump, for Lost Jobs
The New York Times – Business:Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
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Ford Will Make a Play for a Different Battery Market
The New York Times – Business:The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.
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Tesla’s Model S, Soon to Be History, Changed the Auto Industry
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
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Tesla Profit Slumps, but Investors May Not Care
The electric vehicle maker’s shares are near record highs as Wall Street focuses on the company’s plans for robots and self-driving cars.