Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.
A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
Leaders in Brussels are trying to curb China’s dominance in the industry, but European automakers fear the taxes will drive up prices and lead to a trade war.
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.
Once considered a laggard, the German luxury carmaker is one of only a few established automakers that has been able to compete effectively against Tesla.
The three U.S. automakers say they are already at a disadvantage to nonunion rivals while labor leaders hope that big gains in negotiations will inspire workers in Southern states to unionize.
The move is a boost for Britain’s car industry, but uncertainty remains about the sector’s future in the country.
G.M. and other automakers will jointly spend at least $1 billion to build a North American network of electric vehicle chargers.
The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.
More technology and creature comforts, as well as a parade of new electric vehicles, have complicated the job after accidents.