Text size ARK Invest CEO Cathie Wood. Courtesy of ARK Falling car prices are coming, according to ARK Invest’s Cathie Wood. That might be cheered by car buyers, but falling prices could mean the Feder...
Tag: General Motors
Tesla Is Planning a New Business
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
Tesla’s Planning a New Business. It’s a License to Print Money, Says Musk.
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
Toyota Is Upping Its EV Game to Catch GM, Ford, and Tesla
Text size An all-electric 2023 BZ4X from Toyota. The company sold only 14,000 all-electric vehicles in 2021. Courtesy of Toyota The automotive giant Toyota Motor is starting to pivot away from hybrid ...
California’s Lithium Rush For EV Batteries Hinges On Taming Toxic, Volcanic Brine
The southeast tip of California’s Salton Sea is home to 11 geothermal power plants that turn hot volcanic brine into clean electricity. Getty Images The Salton Sea region has one of the world’s ...
California Sets the Pace on Zero Emissions. Car Makers, Old and New, Are Cheering.
Text size California is set to prohibit the sale of new gasoline-powered cars in the state by 2035. Justin Sullivan/Getty Images California announced this week that it will ban sales of new gasoline-p...
California Approves Ban On Gas-Powered Cars By 2035
Topline The California Air Resources Board approved a highly anticipated measure Thursday that will ban the sale of new gasoline-only cars in the nation’s most populous state by 2035, marking whatR...
Warren Buffett’s Likely Successor Owns Little Stock in Berkshire Hathaway
Text size Greg Abel, center, during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in April. Dan Brouillette/Bloomberg Ownership of Berkshire Hathaway stock is a big part o...
GM Reinstates Dividend. Ford’s Yield Is Higher.
Text size GM stock was rising after the auto maker said it was reinstating its dividend. Bill Pugliano/Getty Images American automotive giant General Motors is returning capital to shareholders again—...
Fisker Considers U.S. Ocean Production Amid Shakeup In EV Tax Credit
Fisker Inc.’s electric Ocean SUVs won’t qualify for a revised federal tax credit for EVs that requires them to be built at domestic plants. Fisker Inc. Fisker Inc., a Los Angeles-based ele...
The New EV Tax Credit Won’t Cover All Teslas and Other Cars. How It Will Work.
New electric-vehicle tax credits depend on where the cars are assembled, what the EVs cost, and how much money buyers make. Stefani Reynolds/AFP/Getty Images Text size The Inflation Reduction Act shou...
Ford Raises Price for F-150 Lightning Electric Pickup Truck
Text size Ford’s F-150 Lightning truck previously cost around $40,000 to $90,000. It now ranges up to $96,874. Courtesy of Ford Ford Motor has increased the price of its electric F-150 Lightning...
Ford’s New F-150 Lightning Truck to Get Price Hike
Updated Aug. 9, 2022 1:22 pm ET Listen to article (1 minute) Ford Motor new all-electric truck is getting a price increase fewer than four months after it started shipping to dealerships for the first...
Tesla, EV Makers Stand to Get Billions for Factories From Senate Bill
The Senate climate bill passed over the weekend offers billions of dollars for electric-vehicle and battery factories, and includes rules that the auto industry says will make it tougher for some cons...
How Tesla Lost The Race For Affordable EVs To An Unexpected Rival
Sixteen years ago, Tesla CEO Elon Musk announced his goal of building the first truly low-cost electric family car. Now General Motors has beaten him to it. INAugust 2006, before Tesla had built its f...
Auto Makers Expect Car Sales to Defy Economic Gloom
Listen to article (2 minutes) Even as consumer spending cools, one place buyers continue to splurge is at the car dealership. Auto executives reporting earnings earlier this week displayed confidence ...
Chevrolet Blazer EV Coming In Summer 2023 To Challenge Mach-E, Model Y And Bad Guys
2024 Chevrolet Blazer EV RS Chevrolet 2023 is set to be a critical year for General MotorsGM ’ plan to shift its lineup entirely to electrification. Among the nearly ten EVs expected to debut by the e...
Lucid Stock Gets a New Buy Rating. Its Batteries Are Beating Tesla’s.
R.F. Lafferty says Lucid’s battery pack technology is a “key differentiator” in driving range and horsepower. Courtesy Lucid Motors Text size Luxury electric vehicle start-up Lucid picked up a n...