Ford Motor and its battery manufacturing partner will receive a $9.2 billion loan to build three battery factories in Kentucky and Tennessee, the Department of Energy said Thursday. The loan […]
Automobiles
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Back to news homeEurope Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
European leaders complained for years that the United States was not doing enough to fight climate change. Now that the Biden administration has devoted hundreds of billions of dollars to […]
Gasoline Prices, a Source of Pain Last Year, Have Come Way Down
Americans who fill up their cars this Memorial Day weekend will catch a break — at least compared with a year ago, when gasoline prices were soaring.The national average price […]
Inflation Persists and Car Prices Are a Big Reason
‌Car prices soared after the coronavirus lockdowns, and two years into the United States’ worst inflationary episode since the 1980s, the industry demonstrates that getting back to normal will be […]
The Florida Man of Formula 1
Logan Sargeant, the only American driver in Formula 1, is zipping around the narrow streets of Baku, Azerbaijan, at roughly 200 miles an hour. His head bounces inside the cockpit […]
In Norway, the Electric Vehicle Future Has Already Arrived
BAMBLE, Norway — About 110 miles south of Oslo, along a highway lined with pine and birch trees, a shiny fueling station offers a glimpse of a future where electric […]
G.M.’s Profits Fell 18.5 Percent in the First Quarter
General Motors on Tuesday reported an 18.5 percent drop in profits in the first quarter, mainly because of the cost of job cuts and slowing new-vehicle sales in China. The […]
Electric Vehicle Tax Credit Rules Create ‘Chaos for Consumers’
Designed to accelerate the shift to electric cars among other climate goals, the Inflation Reduction Act has in practice made buying such vehicles a lot more complicated.In August, the law […]
In China, a Big Auto Show Returns to a Country That Has Gone Electric
A hall showing off electric vehicles made by Nio, XPeng Motors, Zeekr and dozens of other Chinese companies was mobbed with visitors. An area nearby full of gasoline-powered cars by […]
Price War Over Electric Cars Erupts in China
A cutthroat price war has erupted in the world’s largest automobile market.Within the span of a week in March, Volkswagen’s Chinese joint venture slashed prices on its ID.3 electric cars […]