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.
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.
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.
The state, heavily dependent on the auto industry, is a case study in whether electric vehicles will create or destroy jobs.
G.M. is ending production of the classic American sports car, but executives say an electric version is likely. Corvette is already planning one.
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
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.
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.
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.
E.V.s are usually a more climate-friendly option. But as they bulk up, their emissions savings, and other environmental and safety benefits, begin to diminish.
Missy Cummings, who spent more than a year at the federal auto safety agency, said that drivers were putting too much trust in systems like Tesla’s Autopilot and that regulators needed to restrict their use.
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
The semiconductor maker GlobalFoundries will dedicate part of its output to G.M. as the automaker offers more electric vehicles and driver-assistance systems.
Aiming to make a million electric vehicles a year by 2025, General Motors is investing in a Nevada lithium mine to help with battery production.
Automakers have been hampered by the supply of semiconductors and higher interest rates.
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.