Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
Entrepreneurs once flocked to Motor City to build cars. Now, they’re building its mobility future.
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla charging stations with adapters.
With Trump once again in the Oval Office, America would be at risk of falling even further behind China in industrial competitiveness.
Elon Musk’s plan to open Tesla’s charging network is proceeding slowly. Nobody is entirely sure why, or when that might change.
The automaker said it would invest less in battery-powered cars and scrap a planned electric three-row sport utility vehicle.
Ford will build large pickups at a Canadian factory that it had previously slated to produce electric vehicles, sales of which have slowed in recent months.
A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.
More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.