The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
To tackle climate change, we’ll need to plug in millions of cars, trucks, home heaters, stoves and factories.
To tackle climate change, we’ll need to plug in millions of cars, trucks, home heaters, stoves and factories.
The administration’s push to supercharge E.V. sales must now surmount resistance from manufacturers and consumers as well as likely legal challenges.
China is far ahead of the rest of the world in the development of batteries that use sodium, which are starting to compete with ubiquitous lithium power cells.
New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.