The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
China enfrenta un panorama económico complicado, pero su dependencia de los mercados estadounidenses se ha reducido y parece estar tomando medidas para el crecimiento interno.
The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales.
The National Highway Transportation Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.
A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.
The Inflation Reduction Act was a compromise between competing priorities. Evaluating the law on the effectiveness of the $7,500 tax credit for E.V.s is tricky.
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla charging stations with adapters.
With Trump once again in the Oval Office, America would be at risk of falling even further behind China in industrial competitiveness.
The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.
WeRide, a $5 billion software maker, is set for an I.P.O. amid geopolitical risks and a rush by Chinese automotive tech firms to raise money in the United States.
Stressing science education, China is outpacing other countries in research fields like battery chemistry, crucial to its lead in electric vehicles.
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.