Category: Ford Motor Co

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.
U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks

Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
Automakers Face Test in Reaching U.S. Target for Electric Vehicles

New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.
Tesla Sales Jumped in the First Quarter

The New York Times – Business:
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits

The New York Times – Business:
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.
United Auto Workers Usher In New Era of Leadership

The New York Times – Business:
Shawn Fain, who ousted the incumbent president, is presiding over a convention to chart the union’s approach in contract talks this year.
President Is Ousted in United Auto Workers Election

The New York Times – Business:
Shawn Fain, an insurgent, edged Ray Curry after calling for a harder line in contract talks. The union has been dogged by corruption scandals.
LG Will Spend $5.5 Billion on a Battery Factory in Arizona

The New York Times – Business:
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Falling Lithium Prices Are Making Electric Cars More Affordable

The New York Times – Business:
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
China’s Leading Electric Carmaker Has Arrived in Germany

The New York Times – Business:
BYD is a powerhouse in China and sells the most electric vehicles of any company in the world. Now it has a plan to attract buyers in Europe’s largest economy.
Ford Halts Production of F-150 Lightning Electric Truck Over Battery Issue

The New York Times – Business:
The automaker cited a potential problem with the battery pack of the F-150 Lightning but said it was unaware of any incidents “in the field.”
Investors Await the Market Impact from Tuesday’s C.P.I. Report

The New York Times – Business:
Tuesday’s Consumer Price Index data could hold big clues about the Federal Reserve’s future policy moves.