Foreign-made cars no longer qualify. Tesla and G.M. should become eligible again. But officials are still working on the fine print.
The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.
General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
The automaker’s performance indicates that the global semiconductor shortage is beginning to ease.
The increase from the same period last year comes as competition grows among automakers producing electric vehicles in the United States.
The new climate, tax and health law signed by President Biden extends a credit for electric vehicle buyers. But there are new strings attached that kick in at different times.
Carmakers may need several years to revamp their supply chains to meet new rules, but the legislation is still seen as a win for electric vehicles.
There has been a surge in the sales of cars that can travel short distances on just electricity and have a gasoline engine for longer trips.
The automaker reaffirmed its forecast for earnings for the full year.
The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan.
A scarcity of semiconductors and raw materials held back production, but buyers remain enthusiastic.
Automakers and technology companies say they are making driving safer, but verifying these claims is difficult.
The General Motors chief says efficiencies, innovations and learning from mistakes will allow her company to become a leader in electric vehicles.
The automaker reported an 11 percent jump in revenue for the first three months of the year compared with a year earlier.
The electric carmaker maintained its momentum from last year even as larger automakers continue to struggle with parts shortages.
The company struggled to produce vehicles in the first three months of the year, a sign that shortages could last longer than executives had hoped.
The sport utility vehicle, made in Tennessee, is one of more than 20 E.V. models that General Motors plans to roll out in the U.S. within three years.
The sport utility vehicle, made in Tennessee, is one of more than 20 E.V. models that General Motors plans to roll out in the U.S. within three years.
Frunks are just the start — think Cybertruck, not Focus.