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As the market for used electric vehicles grows, one dealership in New Hampshire has seen sales swing in recent months.
The delay in producing autonomous vehicles and a threat to federal regulations partly explain the stock’s fall, some experts say.
The company unveils a more upscale model of its Cadillac Lyriq, an EV with a starting price of $80,000.
The Office of Management and Budget clarified that the EO limits disbursements for climate-related projects, like EV charger infrastructure. Other funding can keep flowing, if agencies check in first.
EV sales jumped 15% year on year and the growth of charging facilities hit a record as businesses see profit potential.
As Japanese automakers slow production, Thailand is banking on investment from China to build up its EV manufacturing base.
Close to 30% of cars on the road and 96% of car sales in Norway are EVs.
Ford is cutting 4,000 jobs in its European workforce, noting that the industry shift to electric vehicles has been “highly disruptive.”
Some car renters, used to gas vehicles, don’t know how to charge electric vehicles or how much they’ll cost to rent.
The drilling byproduct could power future electric vehicles and expand the U.S. role in clean energy. Extraction methods are in development.