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.
Category: Electric and Hybrid Vehicles
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Stock Slide and Slow Sales: What’s Happening in China’s E.V. Market?
The New York Times – Business: -
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.
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G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
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U.S. Automakers’ Foreign Troubles Now Extend to Canada
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
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Mark Carney Heads to Beijing to Discuss Canada-China Relations as U.S. Outlook Darkens
The prime minister is seeking new markets for Canadian goods and to mend relations with China after years of deep acrimony between the two nations.
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Europe and China Take Step to Resolve Dispute on Electric Vehicles
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.
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Volkswagen Suffers More Than Rivals From Auto Industry Woes
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
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G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions
General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand.