Tesla’s Share of U.S. Electric Car Market Falls Below 50%
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.
How Electric Car Batteries Might Aid the Grid (and Win Over Drivers)
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.
Electric Cars Are Suddenly Becoming Affordable
More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.
Tesla Fires Charger Team Amid Hundreds of Layoffs
The carmaker dismissed hundreds of employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.
‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
E.V. Sales Are Slowing. Tesla’s Are Slumping.
More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
Ford Slows Its Push Into Electric Vehicles
The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.
Toyota’s Hybrid-First Strategy Is Delivering Big Profits
Toyota, the world’s largest automaker, has been criticized for selling few electric vehicles, but its decision to focus on hybrids is paying off financially.