After a Bruising Year, the Oil Industry Confronts a Diminished Future
Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.
G.M. and the Electric-Car Comeback
The end of the gasoline-powered car will transform the economy.
G.M. Announcement Shakes Up U.S. Automakers’ Transition to Electric Cars
Every carmaker is trying to figure out how to make the leap before governments force it and Tesla and other start-ups lure away drivers.
Electric Cars Are Coming, and Fast. Is the Nation’s Grid Up to It?
GM’s decision this week to phase out gasoline vehicles is the latest in a major shift that will mean drastic new demands on electric utilities. Here are four things that will need to happen.
G.M. Wants to Make Electric Cars. China Dominates the Market.
With government support and lavish subsidies, Chinese companies have come to dominate the market for batteries, motors and other essentials Detroit may need for its new fleets.
G.M. Will Only Sell Zero-Emission Vehicles by 2035
The move, one of the most ambitious in the auto industry, is a piece of a broader plan by the company to become carbon neutral by 2040.
Tesla Reports First Full-Year Profit
The company benefited from a jump in sales of electric cars in China and Europe, but its fourth quarter earnings fell short of Wall Street’s expectations.
Tesla Reports First Full-Year Profit
Tesla’s transformation from a company that lost large sums of money every year has been made possible in large part by rising sales in China and Europe.
British Auto Industry Risks Slow Decline After Brexit
Lacking a strong domestic battery industry, Britain may be left behind by the shift to electric cars.
Tesla’s U.S. Sales Slowed in 22 States in 2020
The pandemic dampened sales for all automakers in the spring and summer, and Tesla’s plant in Fremont, Calif., was idled from late March until the middle of May.