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.
Category: Volkswagen AG
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Germany Pushes for Exception in Law Banning Combustion Engines
The New York Times – Business:Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
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Volkswagen Will Invest $193 Billion in Electric Cars and Software
The New York Times – Business:The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.
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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.
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Tesla Bulls Take Heart From Strong Profits
The New York Times – Business:Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
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Carl Hahn Dies at 96; Made the VW Beetle Ubiquitous
The New York Times – Business:As president of Volkswagen of America, he pushed the “Think Small” ad campaign that helped create a counterculture icon.
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Mercedes-Benz Plans to Build U.S. Electric Car Charging Network
The New York Times – Business:The network could help increase the low number of charging stations, encouraging more people to buy electric vehicles.
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Tesla Investors Fear for a Tough 2023
The New York Times – Business:A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
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Electric Vehicles Start to Enter the Car Buying Mainstream
The New York Times – Business:While sales are still skewed toward affluent buyers, more people are choosing electric vehicles to save money.
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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.