Automobiles – Page 35

Mercedes-Benz Plans to Build U.S. Electric Car Charging Network

The network could help increase the low number of charging stations, encouraging more people to buy electric vehicles.

The company’s production was limited by a global chip shortage but it made big gains in the fastest-growing segment of the auto market.

Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.

Automakers have been hampered by the supply of semiconductors and higher interest rates.

The company’s rapid growth is expected to ease as the economy slows and demand for its electric cars weakens.

Does Elon know who buys his stuff?

Investors blame Elon Musk and wonder how much more the stock will fall.

Here is a partial list of electric and plug-in hybrid vehicles that will qualify for federal tax credits in 2023.

Foreign-made cars no longer qualify. Tesla and G.M. should become eligible again. But officials are still working on the fine print.

Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.