Smothering electric vehicles might have been a regrettable mistake for a Republican to make 10 years ago. Today, it is economic idiocy.
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
A deal designed to force compliance with tougher emissions standards is as risk after the Trump administration intervened.
Lyten will acquire German and Swedish factories built by Northvolt, which declared bankruptcy in March.
Lyft and Baidu plan to start service early next year, joining Uber and Momenta in using electric cars from China, which are the least expensive even with tariffs.
Tesla has awarded its chief executive a “first step payment worth roughly $29 billion to replace a plan blocked by a Delaware judge..
The “interim” package announced on Monday was intended to help retain Elon Musk, whose previous pay plan was invalidated by a judge. The car maker’s chief has hinted that he needed a larger stake in the company.
President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and investing in them.
President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and investing in them.
Lawyers for the family of a woman struck and killed by a Tesla sedan in 2019 argued that the company’s Autopilot software should have avoided the crash.