As the E.V. Revolution Slows, Ferrari Enters the Race
Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.
New Factories and Jobs Are Not Enough to Stem France’s Far Right Surge
President Emmanuel Macron’s promise of re-industrialization in northern France has helped stimulate the economy, but “people feel defeated and angry.”
China Dangled Rebates to Lure People to Spend. It’s Not Enough.
China’s leaders vowed to kick-start spending by offering subsidies for households to buy cars and appliances. But many consumers aren’t biting.
The Big Number: $5 Billion
The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.
Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
Electric Cars Are Suddenly Becoming Affordable
More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
How China Pulled So Far Ahead on Industrial Policy
The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.
U.A.W. Seeks a New Election at Mercedes-Benz Plants in Alabama
The union, which lost an organizing vote at two factories last week, argued to federal officials that the automaker had violated labor laws.
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.