Half of the world’s supply of the critical battery ingredient is mined in Australia, which ships virtually all of it to China. The government and business are betting they can change that.
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
Also, U.S. proposals to revolutionize the auto industry.
Competition, not cooperation, has driven the bulk of climate progress over the past few years.
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
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.
The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.
A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?
An agreement with the White House to allow electric cars made by other automakers is part of a broad drive to improve charging and increase sales of battery-powered vehicles.