G.M.’s Profits Fell 18.5 Percent in the First Quarter
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.
Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’
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.
U.S. Car Brands Will Benefit Most From Electric Car Tax Breaks
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.
Automakers Face Test in Reaching U.S. Target for Electric Vehicles
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.
In Ohio, Electric Cars Are Starting to Reshape Jobs and Companies
The state, heavily dependent on the auto industry, is a case study in whether electric vehicles will create or destroy jobs.
End of the Gas-Engine Camaro Opens a New Door for Muscle Cars
G.M. is ending production of the classic American sports car, but executives say an electric version is likely. Corvette is already planning one.
Tesla Sales Jumped in the First Quarter
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
New Rules Will Make Many Electric Cars Ineligible for Tax Credits
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
LG Will Spend $5.5 Billion on a Battery Factory in Arizona
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Falling Lithium Prices Are Making Electric Cars More Affordable
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last.