Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt
Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.
China’s Economy Grew Last Year, but Strains Lurk Behind the Numbers
Gross domestic product expanded 5.2 percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home.
Flush With Investment, New U.S. Factories Face a Familiar Challenge
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
BYD, a Chinese Electric Car Giant, to Build a Plant in Hungary
The announcement underscores the threat to European and U.S. automakers posed by Chinese electric-vehicle manufacturers.
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Ford Will Cut Planned Electric F-150 Production as Demand Slows
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
Why Volkswagen Is Hiring 3,000 Engineers in China
Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
China’s Electric Car Factories Are Facing a Worker Shortage
China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.
Electric Vehicle Push Returns North Carolina to Its Lithium Mining Roots
After decades of stagnation, the Tar Heel State is the beneficiary of a lithium rush fueled by demand for car batteries.
Where the World Is (and Isn’t) Making Progress on Climate Change
Emissions from electricity and transportation are projected to fall over time, a new report finds, but industry remains a major climate challenge.