A New Law Supercharged Electric Car Manufacturing, but Not Sales
Posted inBatteries Biden, Joseph R Jr China Consumer Behavior Electric and Hybrid Vehicles Environment Factories and Manufacturing Ford Motor Co General Motors Global Warming Hyundai Motor Co Kia Motors Corp Law and Legislation Manchin, Joe III Metals and Minerals Michigan Personal Finances Regulation and Deregulation of Industry Road Trips Southern States (US) Tax Credits, Deductions and Exemptions Tesla Motors Inc United States Economy United States Politics and Government

A New Law Supercharged Electric Car Manufacturing, but Not Sales

President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales.
Automakers Delay Electric Vehicle Spending as Demand Slows
Posted inBarra, Mary T Batteries Biden, Joseph R Jr Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Farley, James D Jr (1962- ) Ford Motor Co General Motors Global Warming Gore, Albert III Interest Rates Road Trips Sports Utility Vehicles and Light Trucks Tax Credits, Deductions and Exemptions Tesla Motors Inc United States United States Economy United States Politics and Government

Automakers Delay Electric Vehicle Spending as Demand Slows

Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.