Beijing depended on Hungary’s outgoing leader, Viktor Orban, to gain a toehold in Europe. A giant battery factory proved a step too far.
Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
The move was a tacit acknowledgment of China’s dominance in the global market and the power of its automakers to keep prices low.
The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry.
The goal, announced at a gathering of Communist Party leaders, was the lowest since 1991 and can offer clues about China’s policymaking plans.
General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
American manufacturing prowess won’t be restored without bringing new technologies to the factory floor.
Los inversionistas están perdiendo el entusiasmo por las empresas chinas de vehículos eléctricos, ante la preocupación de que los años de crecimiento fácil hayan llegado a su fin.
The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.
Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
Si Estados Unidos quiere ser competitivo frente a China, tiene que poner orden en su economía.
Ford Motor reported a big loss for 2025 because of its troubled electric vehicle division, which it has significantly scaled back.
Ford Motor reported a big loss for 2025 because of its troubled electric vehicle division, which it has significantly scaled back.
If we are going to be competitive with China, we have to get our economic house in order.
Even as American automakers have scaled back their ambitions for electric vehicles, some are pivoting to a technology that could help boost renewable energy.
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
Is a Chinese century now dawning?
China isn’t just building gigantic amounts of power. Its businesses are reshaping technological foundations to electrify the world.