Its battery supply chain runs through China, and that’s not changing any time soon.
Tesla, which makes about two-thirds of electric vehicles sold in the United States, has long produced the cars with the best range.
Tesla, which makes about two-thirds of electric vehicles sold in the United States, has long produced the cars with the best range.
A push to increase sales of electric vehicles favors companies that already have all-electric cars on the market and could penalize those that don’t.
The initiative would also promote the construction of charging stations and include financial incentives for consumers and carmakers.
Trump gutted emissions reductions. The president must make up for time lost.
Tesla said sales doubled in the second quarter, but Ford reported a more modest increase as the industry grapples with a semiconductor shortage.
Ford has gone from being a relative latecomer to battery-powered vehicles to making them a central focus. Last week it introduced the F-150 Lightning, an electric truck.
If it sells well, an electric version of the best-selling vehicle in the U.S. could help accelerate the move to electric vehicles.