A law to boost clean energy appears to be more potent than predicted, with big implications for both budget talks and efforts to fight climate change.
Category: Electric and Hybrid Vehicles
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Ford Reports $1.8 Billion Profit in Quarter
Sales increased from a year earlier, when the automaker was hampered by parts shortages.
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Shift to Electric Cars Gives Design Centers a New Look, Too
Automakers are pouring money into research and development facilities, creating spaces intended for creativity and collaboration among design and engineering teams.
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G.M.’s Profits Fell 18.5 Percent in the First Quarter
The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.
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Canada Lands Volkswagen Battery Plant With Billions in Subsidies
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
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Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
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Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
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In China, a Big Auto Show Returns to a Country That Has Gone Electric
The Shanghai auto show, the largest in China since before the pandemic, had one theme: The dominance of electric vehicles in the world’s largest car market is here to stay.
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Price War Over Electric Cars Erupts in China
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.