General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
Category: Electric and Hybrid Vehicles
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GM Reports Increased Profits in Third Quarter Amid High Inflation
The New York Times – Business: -
G.M. Reports Jump in Profit on Strong Sales
The New York Times – Business:The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
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Tesla Cuts Prices in China in Sign of Slowing Demand
The New York Times – Business:Shares of the company slumped as investors worried about increasing competition.
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E.V.s Start With a Bigger Carbon Footprint. But That Doesn’t Last.
The New York Times – Business:The manufacturing and disposal of electric vehicles result in more greenhouse gases than nonelectric models, but that difference will eventually disappear altogether.
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Tesla’s Profit Jumped in Third Quarter on Strong Sales
The New York Times – Business:The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
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E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
The New York Times – Business:No Republican in Congress voted for the Inflation Reduction Act. But their districts and states will greatly benefit from the investments spurred by the law.
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Nikola Founder Trevor Milton Is Convicted of Fraud
The New York Times – Business:Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks.
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Biden’s ‘Made in America’ Policies Anger Key Allies
The New York Times – Business:The president’s plans to bolster America’s electric vehicle and battery production have opened a rift in relationships in Asia and Europe.
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Lucid Increases Electric Vehicle Production but Still Faces Challenges
The New York Times – Business:The maker of electric sedans said it would hit its scaled-back production targets for 2022 after facing supply hurdles.