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.
Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks.
The maker of electric sedans said it would hit its scaled-back production targets for 2022 after facing supply hurdles.
A network of fast charging stations in the Canadian province could serve as a template for how to make road trips easier for drivers of electric cars.
Prosecutors say Trevor Milton, former chief executive of Nikola, lured retail investors with lies about the electric truck company’s technology.
The agreement is a rare example of cooperation between a traditional carmaker and an upstart.
Carmakers may need several years to revamp their supply chains to meet new rules, but the legislation is still seen as a win for electric vehicles.
Battery-powered vehicles are considered essential to the fight against climate change, but most models are aimed at the affluent.
The automaker’s annual meeting will include votes on several proposals, including one on discrimination and another on board independence, that are opposed by its chief executive, Elon Musk.
The maker of luxury electric cars that hopes to challenge Tesla struggled to get parts and build vehicles in the second quarter.