The electric car company’s decision to slash prices appears to have paid off in reviving demand.
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate goals.
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s climate goals.
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.
La vieja y aburrida Ford está demostrando ser más innovadora —y hasta más irreverente— que la compañía de Elon Musk.
John Silbey bought a used Bolt without a test drive and said it saves him money and is fun to drive.