Germany Wants More Chip Makers, but They Won’t Come Cheap
The global competition to attract semiconductor companies is expected to cost Berlin billions. Some wonder if it’s a good use of money.
U.S. and Europe Angle for New Deal to Resolve Climate Spat
American and European officials are trying to reach agreement on the outlines of a limited trade deal that could help resolve a major rift over America’s new climate legislation.
Rivian Lost $6.8 Billion Last Year as Production Fell Short
The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable.
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.