The end of the gasoline-powered car will transform the economy.
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.
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.
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.
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.
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’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.
Lacking a strong domestic battery industry, Britain may be left behind by the shift to electric cars.
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.
The Transportation Department, which holds sway over planes, trains and automobiles, faces limits on how it spends money. Still, here are five possible steps.
Rivian, which has raised another $2.65 billion, plans to sell a pickup truck and S.U.V. it has worked on for more than a decade.
New data published Thursday shows that despite the higher sticker price, electric cars may actually save drivers money in the long-run.
Traditional automakers have struggled to sell electric cars. That could change as Ford, Volkswagen and others introduce new models.
The Purosangue, whose details remain closely held, will be out next year. But the carmaker’s evolving lineup, too, points to a (slightly) more inclusive approach.
Mr. Musk’s net worth was $188.5 billion at 10:15 a.m. in New York on Thursday, $1.5 billion more than taht of Jeff Bezos.
Carmakers say new models should also help lift the industry in 2021, after a 15 percent decline in its slowest year since it recovered from the Great Recession.
Shareholders of the two companies voted to join forces in an effort to cope with a major technology shift and plummeting sales.
The milestone seemed unreachable just three years ago and comes as Tesla has seen a string of profitable quarters and a buoyant stock.
As Tesla completes a factory in Berlin, Mercedes-Benz and Audi are introducing electric cars in bids to defend their dominance of the luxury market.
Mike Strizki powers his house and cars with hydrogen he home-brews. He is using his retirement to evangelize for the planet-saving advantages of hydrogen batteries.