Lucid Said It Will Raise Up to $1.5 Billion in Capital
The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.
E.V.s Start With a Bigger Carbon Footprint. But That Doesn’t Last.
The manufacturing and disposal of electric vehicles result in more greenhouse gases than nonelectric models, but that difference will eventually disappear altogether.
Tesla’s Profit Jumped in Third Quarter on Strong Sales
The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
No Republican in Congress voted for the Inflation Reduction Act. But their districts and states will greatly benefit from the investments spurred by the law.
Biden’s ‘Made in America’ Policies Anger Key Allies
The president’s plans to bolster America’s electric vehicle and battery production have opened a rift in relationships in Asia and Europe.
Lucid Increases Electric Vehicle Production but Still Faces Challenges
The maker of electric sedans said it would hit its scaled-back production targets for 2022 after facing supply hurdles.
G.M. Reports 24% Increase in Auto Sales for Quarter
The automaker’s performance indicates that the global semiconductor shortage is beginning to ease.
Tesla Sold 343,000 Vehicles in Third Quarter, an Increase
The increase from the same period last year comes as competition grows among automakers producing electric vehicles in the United States.
For China’s Auto Market, Electric Isn’t the Future. It’s the Present.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition.
How a Quebec Lithium Mine May Help Make Electric Cars Affordable
The project also illustrates how difficult it is to get lithium out of the ground and break China’s dominance in processing the metal and turning it into batteries.