Hertz Sells 20,000 Electric Cars After Being Burned by Tesla’s Price Cuts
The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.
Red Sea Attacks Leave Shipping Companies With Difficult Choices
Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
Tesla Recalls 1.6 Million Cars in China to Fix Self-Driving Systems
The recall follows a similar move by the company in the United States to upgrade the cars’ Autopilot feature.
General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
Electrify All the Big, Noisy, Belching Trucks
President Biden seems nervous about sealing a deal that would improve the health and quality of life of millions of Americans through a stricter rule on truck emissions.
Wanted: ‘New Collar’ Workers
The jobs require advanced skills but not necessarily advanced degrees, especially in emerging high-tech fields like A.I., electric vehicles and robotics.
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Ford Will Cut Planned Electric F-150 Production as Demand Slows
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
Bill Gates: Fighting Climate Change Should Be Affordable. The Rich Can Make It So.
Rich individuals, companies and countries must ensure green technologies are affordable for everyone, everywhere.
Relax, Electric Vehicles Really Are the Best Choice for the Climate
Electric vehicles really are better for the environment than hybrid vehicles that have both gas and electric motors.