Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
The political polarization of battery-powered cars may have started when Toyota released its first hybrid model 25 years ago.
Here’s a rundown on the winners and losers in the legislation muscled through Congress.
The Republican legislation muscled through Congress will reshape American’s energy landscape. Here’s a rundown on the winners and losers.
Republicans deferred some of their most painful spending cuts until after the midterm elections.
But the benefits of the deduction, estimated to cost $31 billion over four years, may be limited to a narrow slice of consumers, economists say.
For 50 years, automakers have had to increase the fuel efficiency of their vehicles or pay fines. The Republican megabill would set those penalties to $0.
Ford Motor said it would open a new plant in Michigan that could become ineligible for federal incentives under a policy bill championed by President Trump and passed by the House.
A Senate tax package softens some blows imposed on renewables by a House version of the bill. But it still terminates many credits for clean power.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
Already suffering from steep declines in sales and profit, the carmaker could now face the president’s wrath.
In Cedartown, Ga., a solar recycling company’s plan to hire 1,200 people could be upended by Republicans in Congress.
Senate Republicans understand that energy abundance is essential for the economy, national security and the country’s well-being. Now they must act.
For decades, California has been able to adopt its own emissions regulations, effectively setting the bar for carmakers nationally. And for just as long, Republicans have resented the state’s outsize influence.
Battery-operated vehicles were a mainstay more than a hundred years ago, but only a few still exist — one happens to be in Jay Leno’s garage.
In 50 years, California’s authority to set environmental rules that are tougher than national standards had never been challenged by Congress. Until now.
The Inflation Reduction Act was once hailed as the biggest climate law in U.S. history. But as supporters try to save it, they’ve stopped talking about the environment altogether.
A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.