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.
How China Is Profiting From Trade With Russia
The country’s trade with Russia this year has exceeded $200 billion, and makers of cars and trucks are the big winners.
E.V. Start-up Founder Could Get Prison Term in Fraud Case
Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
The Big Number: 2 Million
Federal regulators said the automaker had not done enough to make sure that drivers were paying attention while using Autopilot.