Sales of electric vehicles have slowed recently partly because prices of some models like the F-150 Lightning had risen a lot.
Buried in the Infrastructure Investment and Jobs Act is a possible way to address all the costs associated with Americans’ love of driving.
The biggest U.S. automaker sold more trucks and sport-utility vehicles as supply chain problems eased and demand remained strong.
Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the company faces growing competition in China, a key market.
The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.
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.
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.
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
The automaker reduced the price of the Mustang Mach-E by up to $5,900 after Tesla slashed prices of its cars by as much as 20 percent.
The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.