The move to phase out gasoline-powered cars, with other states expected to follow, matches automakers’ plans. The challenge will be making it happen.
Carmakers may need several years to revamp their supply chains to meet new rules, but the legislation is still seen as a win for electric vehicles.
The maker of electric pickup trucks, vans and sport-utility vehicles increased its production forecast for the year, but only slightly.
Demand for electric vehicles has been far stronger than the supply of battery materials like lithium, nickel and cobalt.
The automaker’s annual meeting will include votes on several proposals, including one on discrimination and another on board independence, that are opposed by its chief executive, Elon Musk.
The maker of luxury electric cars that hopes to challenge Tesla struggled to get parts and build vehicles in the second quarter.
The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.
The $369 billion climate and tax bill would affect every aspect of U.S. energy production, with incentives for producers and consumers to move away from fossil fuels.
The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan.
Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion.
The world’s largest maker of electric cars struggled with production problems in China.
A scarcity of semiconductors and raw materials held back production, but buyers remain enthusiastic.
Makers of batteries that could charge in a few minutes are setting up assembly lines, bringing the technology a big step closer to auto showrooms.
The automaker sold 483,688 vehicles in the United States in the second quarter.
The electric carmaker has been growing fast in recent years, but Elon Musk, its chief executive, appears to be concerned about a weakening economy.
The automaker said the move would further its electric-vehicle goals. It may also defuse tensions with the U.A.W. ahead of contract talks next year.
The automaker, which owns Jeep and Ram, is seeking to catch up in a global race to build electric cars and trucks.
Production problems in China and Elon Musk’s pursuit of Twitter are leading investors to wonder whether the electric car company is worth as much as they thought.
The General Motors chief says efficiencies, innovations and learning from mistakes will allow her company to become a leader in electric vehicles.
The automaker reported an 11 percent jump in revenue for the first three months of the year compared with a year earlier.