Chinese and Australian investors had been lining up to explore for lithium, a metal that is critical to batteries and the world’s transition to clean energy.
E.V. operations will focus on technology and growth while the traditional business continues to chase profits. “You can’t have people work on both at the same time,” the chief executive said.
E.V. operations will focus on technology and growth while the traditional business continues to chase profits. “You can’t have people work on both at the same time,” the chief executive said.
The electric car start-up cited shortages of semiconductors and other supply chain problems.
The automaker, which owns Jeep, Ram and Fiat, said its profit more than doubled, thanks to higher prices and cost-cutting measures that outweighed interruptions caused by the semiconductor shortage.
The White House effort is part of a push to reduce America’s dependence on foreign products, particularly those from China.
The move would raise money at a time when automaker is investing heavily in electric cars and batteries.
America must secure the raw materials that a clean energy future requires.
Some drivers have complained that cars using the company’s Autopilot system have been slowing down suddenly even when there are no hazards ahead.
The suit comes months after a jury awarded a former Black employee at the electric carmaker’s San Francisco-area factory $137 million.
“Es una de las principales transformaciones industriales quizá en la historia del capitalismo”, dijo un ejecutivo de la industria. La creciente demanda por los coches eléctricos está impulsando una transición radical que podría beneficiar al medioambiente.
Using $5 billion that Congress allocated last year, the Biden administration would require states to install high-voltage chargers along interstate highways.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
Booming in a depressed market, battery-powered vehicles are a plus for the climate but pose a big threat to carmakers and parts suppliers that are slow to change.
The electric carmaker disclosed the new legal issues in its annual report to securities regulators, which was made public on Monday.
Chasing Tesla, companies like Lucid are finding that starting an E.V. from scratch has its advantages. A comparison with Mercedes-Benz’s new EQS shows how.
Ford ended the year with more revenue than General Motors for the second year in a row.
The president wants an all-electric federal fleet, but the postmaster general is spending billions on gas-powered vehicles. That’s prompted a call for his resignation.