Chinese automakers have rolled out chargers that can mostly recharge a car’s battery in about five minutes. Yet U.S. technology lags far behind.
The prices of used electric cars have fallen sharply in recent months, making them a more attractive option.
Los barcos que transportan automóviles chinos están usando el mar Rojo y el canal de Suez, mientras otros buques rodean África por miedo a los ataques de la milicia hutí.
Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs of electric vehicles.
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia.
Smothering electric vehicles might have been a regrettable mistake for a Republican to make 10 years ago. Today, it is economic idiocy.
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
Lyten will acquire German and Swedish factories built by Northvolt, which declared bankruptcy in March.
The “interim” package announced on Monday was intended to help retain Elon Musk, whose previous pay plan was invalidated by a judge. The car maker’s chief has hinted that he needed a larger stake in the company.
President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and investing in them.