Hertz Sells 20,000 Electric Cars After Being Burned by Tesla’s Price Cuts
The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.
Has New York Become Less Walkable?
A city that no longer accommodates wandering no longer accommodates wondering. A flâneur without freedom falls into a zombified routine.
Red Sea Attacks Leave Shipping Companies With Difficult Choices
Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
Tesla Recalls 1.6 Million Cars in China to Fix Self-Driving Systems
The recall follows a similar move by the company in the United States to upgrade the cars’ Autopilot feature.
General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
Tesla Sales Rebound After Steep Price Cuts
The leading electric-vehicle maker also drew buyers eager to take advantage of government incentives that will be harder to get in 2024.
China’s BYD Sold 3 Million Electric Vehicles and Hybrids in 2023
Sales by BYD, the country’s dominant automaker, topped 3 million last year, including 1.6 million fully battery-powered cars in a sign of China’s rapid growth in EVs.
Tesla Strike in Sweden Highlights a Culture Clash
Workers seeking a collective agreement from the automaker say they are pushing for their rights, but car owners see them as taking the fight too far.
Slow Rollout of Electric Vehicle Charging Network Could Hinder E.V. Adoption
Lawmakers approved $5 billion for states to build a network of fast chargers two years ago. Although some states have made progress in recent weeks, most have not yet awarded contracts or started construction.
BYD, a Chinese Electric Car Giant, to Build a Plant in Hungary
The announcement underscores the threat to European and U.S. automakers posed by Chinese electric-vehicle manufacturers.