Lucid Steps Up Production as Supply Chain Problems Ease
The maker of electric luxury sedans said it made more than 7,000 cars in 2022, achieving a scaled-down target.
Electric Vehicles Could Match Gasoline Cars on Price This Year
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
General Motors Reaches Deal to Ensure Its Chip Supply
The semiconductor maker GlobalFoundries will dedicate part of its output to G.M. as the automaker offers more electric vehicles and driver-assistance systems.
Ford Said Sales in January Increased 2%
The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.
Tesla’s Profit Jumped 12% in Fourth Quarter
The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.
Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
Automakers have been hampered by the supply of semiconductors and higher interest rates.
Electric Cars Are Taking Off, but When Will Battery Recycling Follow?
Many companies and investors are eager to recycle batteries but it could take a decade or more before enough used lithium-ion batteries become available.
GM Reports Increased Profits in Third Quarter Amid High Inflation
General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
G.M. Reports Jump in Profit on Strong Sales
The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.