Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
In China, a Big Auto Show Returns to a Country That Has Gone Electric
The Shanghai auto show, the largest in China since before the pandemic, had one theme: The dominance of electric vehicles in the world’s largest car market is here to stay.
Price War Over Electric Cars Erupts in China
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
China’s Car Buyers Have Fallen Out of Love With Foreign Brands
Domestic companies are now selling more vehicles than their multinational rivals, which have failed to keep up with Chinese consumers’ demand for electric cars and S.U.V.s.
Your Thursday Briefing: Ukraine’s Fight for Bakhmut
Also, U.S. proposals to revolutionize the auto industry.
China Could Dominate Sodium Batteries, the Next Big Advance in Power
China is far ahead of the rest of the world in the development of batteries that use sodium, which are starting to compete with ubiquitous lithium power cells.
Elon Musk Says Tesla Will Build Shanghai Battery Factory
The facility will produce batteries the size of shipping containers to help electric utilities stabilize grids and use more renewable energy.
These Tiffs Over Electric Vehicles Are Not What They Seem
Competition, not cooperation, has driven the bulk of climate progress over the past few years.
Tesla Sales Jumped in the First Quarter
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits
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.