Tesla sales rose 5 percent in the first three months of the year after it cut prices on its electric cars, helping to compensate for slowing economic growth and rising interest rates. Tesla said Sunday […]
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy. Source
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. Source
Rivian, a maker of electric trucks, said on Tuesday that it lost $1.7 billion in the final three months of last year as it struggled with production difficulties. The loss brings the company’s total losses […]
The maker of electric luxury sedans said it made more than 7,000 cars in 2022, achieving a scaled-down target. Source
The company sold 1.15 million vehicles in the fourth quarter, an increase from 1.1 million a year earlier but about 500,000 fewer than Ford had expected, Mr. Lawler said. Ford’s production has been slowed by […]
Ford Motor reported Thursday that its new-vehicle sales fell 2 percent in 2022 as shortages of computer chips and other supply disruptions slowed its production of trucks and sport utility vehicles. The automaker said it […]
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