Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand
Elon Musk’s electric car company is facing intensifying competition from newer Chinese automakers and established Western car companies.
Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States.
EE. UU. necesita minerales para los carros eléctricos
A medida que el mundo cambia a fuentes de energía más limpias, el control sobre los materiales necesarios para impulsar esa transición sigue en disputa.
The U.S. Needs Minerals for Electric Cars. Everyone Else Wants Them Too.
The United States is entering an array of agreements to secure the critical minerals necessary for the energy transition, but it’s not clear which of the arrangements can succeed.
Battery Factories Are Driving Chinese Investment in Europe
Although China is investing less in Europe overall, Chinese battery producers are building factories to meet the demands of the region’s growing need for electric vehicles.
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.
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.
Germany Wants More Chip Makers, but They Won’t Come Cheap
The global competition to attract semiconductor companies is expected to cost Berlin billions. Some wonder if it’s a good use of money.
Germany and E.U. Agree to Exception in Planned Ban on Combustion Engines
Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate goals.
Biden and E.U. Leader to Discuss Ukraine and Trade Spat
President Biden and the European Commission president are set to discuss how to effectively counter Russia and a potential trade deal for electric vehicles.