The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.
After dominating sales in Thailand for decades, Mazda, Nissan and other Japanese companies are losing their grip on a market long viewed as a regional hub.
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
The company said it would build three electric models at its plant in northeast England, bolstering the future of Britain’s auto industry.
The three U.S. automakers say they are already at a disadvantage to nonunion rivals while labor leaders hope that big gains in negotiations will inspire workers in Southern states to unionize.
Seeking deeper cooperation on electric cars, the automakers said they would resolve a yearslong dispute that became the backdrop to Carlos Ghosn’s downfall.
Here is a partial list of electric and plug-in hybrid vehicles that will qualify for federal tax credits in 2023.
While sales are still skewed toward affluent buyers, more people are choosing electric vehicles to save money.
A scarcity of semiconductors and raw materials held back production, but buyers remain enthusiastic.
Fully electric vehicles have fewer fires than gasoline-powered and hybrid cars, and their crash protection is at least equivalent.