But the ramped-up protectionist wave hasn’t extended to investor interest in new shares of Chinese companies.
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EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.
Shares are at a 15-month low amid a pile-up of bad news, as analysts call for a course correction, and production woes continue to mount.
Ford is offering a $1,500 rebate to Tesla owners who may not want to wait around until 2025 for a pricey Cybertruck.
Ford wants to charge EVs when renewables are ripe, according to its latest patent.
Elon Musk’s Tesla wrangled the crown of the world’s top EV seller away from China’s BYD this quarter, but it’s not taking any victory laps.
A Toyota patent to keep the fairness in EV charging highlights that automakers are paying attention to the logistics of electrification amid changing US legislation.
An auto tech patent from Apple highlights that the iPhone maker has tons of vehicle-related intellectual property – and nowhere to use it.
Its recent patent for a renewable energy credit system could create needed incentives to get consumers to pay for pricey EVs.
While everyone else looks to navigate a tepid market, Elon Musk plans to sell a $250,000 performance car next year.
The lack of charging infrastructure in the US has hurt consumer sentiment towards EVs. Ford may be looking at ways to fix it.
Production workers will get a wage increase that curiously follows a strong year for the autoworkers’ union.
Overseas sales of China-made cars hit a record high in 2023, likely outpacing Japan to make China the world’s top exporter.
Following a Reuters investigation into parts failing on Tesla vehicles, Norway’s road regulator says it’s looking into Tesla’s suspensions.
Many of the EV startups flush with investor cash and confidence just a few short years ago are now struggling to keep the lights on.
America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.