Even before G.M. announced it would work toward eliminating emissions from its vehicles, more automakers were putting E. V.s in their showrooms. Here’s a roundup.
Daimler reported unexpectedly strong profits, underlining a rebound by traditional carmakers despite the pandemic.
Carmakers, government agencies and investors are pouring money into battery research in a global race to profit from emission-free electric cars.
Bitcoin and even Dogecoin, which began as a playful experiment, are soaring in value as billionaires, companies and celebrities promote the digital currencies.
The electric carmaker has struggled with quality issues as it has scaled from making tens of thousand cars a year to 500,000 in 2020.
Every carmaker is trying to figure out how to make the leap before governments force it and Tesla and other start-ups lure away drivers.
The company benefited from a jump in sales of electric cars in China and Europe, but its fourth quarter earnings fell short of Wall Street’s expectations.
Tesla’s transformation from a company that lost large sums of money every year has been made possible in large part by rising sales in China and Europe.
The pandemic dampened sales for all automakers in the spring and summer, and Tesla’s plant in Fremont, Calif., was idled from late March until the middle of May.