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.
Artificial intelligence, antisemitism, the 2024 presidential election, war in the Middle East and other big topics that made headlines at this year’s DealBook Summit.
Some firms argue that a law aimed at popularizing electric vehicles risks turning the United States into an assembly shop for Chinese-made technology.
There is always something to be grateful for.
Examining the real effect of a law meant to supercharge the production and sale of electric vehicles.
China and the U.S. both gained from their economic integration. As they pull apart, each is finding it will be hard to fully replace the other.
President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales.
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
The administration said 15 clean energy projects were making solid progress and that it was on track to meet its goals for 2025.
President Biden’s support for autoworkers helped them make big wage gains, and labor organizers are looking to bring about similar gains elsewhere as carmakers transition to electric vehicles.