Electric cars are more expensive than gasoline models largely because batteries cost so much. But new technology could turn those pricey devices into an asset, giving owners benefits like reduced utility bills, lower lease payments or free parking. Ford Motor, General Motors, BMW and other automakers are exploring how electric-car batteries could be used to… Continue reading How Electric Car Batteries Might Aid the Grid (and Win Over Drivers)
Author: New York Times Online News
Tesla’s Stock Price Shows Doubts About Outlook Under Elon Musk
The Tesla shareholder vote over Elon Musk’s pay is in some ways a referendum on the performance of the company and its chief executive. Late on Wednesday, Mr. Musk claimed victory in a social media post, saying that votes in favor of his pay package were leading by “wide margins,” giving Tesla’s stock a boost.… Continue reading Tesla’s Stock Price Shows Doubts About Outlook Under Elon Musk
E.U. Hits Electric Vehicles From China With Higher Tariffs
The European Union said on Wednesday that it would impose additional tariffs of up to 38 percent on electric vehicles imported from China into the bloc, in what E.U. leaders called an effort to protect the region’s manufacturers from unfair competition. The move, a month after President Biden quadrupled U.S. tariffs on Chinese electric vehicles… Continue reading E.U. Hits Electric Vehicles From China With Higher Tariffs
U.A.W. Reaches Accord on Pay and Safety at E.V. Battery Plant
The United Automobile Workers union on Monday announced a tentative contract agreement at an Ohio factory making batteries for electric vehicles, a step that it called a milestone in enhancing pay and safety in the E.V. supply chain. The accord covers 1,600 workers at a Lordstown plant operated by Ultium Cells, a joint venture between… Continue reading U.A.W. Reaches Accord on Pay and Safety at E.V. Battery Plant
Is Your Driving Being Secretly Scored?
You know you have a credit score. Did you know that you might also have a driver score? The score reflects the safety of your driving habits — how often you slam on the brakes, speed, look at your phone or drive late at night. While you can see your credit score, you will have… Continue reading Is Your Driving Being Secretly Scored?
Biden Administration Tightens Mileage Rules to Buoy Electric Vehicles
The Biden administration on Friday tightened vehicle fuel mileage standards, part of its strategy to transform the American auto market into one that is dominated by electric vehicles that do not emit the pollution that is heating the planet. The new mileage standards announced by the Transportation Department are among several regulations the administration is… Continue reading Biden Administration Tightens Mileage Rules to Buoy Electric Vehicles
How Electric Car Batteries Might Aid the Grid (and Win Over Drivers)
Electric cars are more expensive than gasoline models largely because batteries cost so much. But new technology could turn those pricey devices into an asset, giving owners benefits like reduced utility bills, lower lease payments or free parking. Ford Motor, General Motors, BMW and other automakers are exploring how electric-car batteries could be used to… Continue reading How Electric Car Batteries Might Aid the Grid (and Win Over Drivers)
EVs Are Suddenly Becoming Affordable
Alex Lawrence, a dealer in Salt Lake City who specializes in used electric cars, has seen a change over the last year in the kinds of customers who are coming into his showroom. They used to be well-heeled professionals who could drop $70,000 on a Rivian luxury pickup truck. Recently, Mr. Lawrence said, customers have… Continue reading EVs Are Suddenly Becoming Affordable
Car Deals Vanished During the Pandemic. They’re Coming Back.
For much of the last four years, automakers and their dealers had so few cars to sell — and demand was so strong — that they could command high prices. Those days are over, and hefty discounts are starting a comeback. During the coronavirus pandemic, auto production was slowed first by factory closings and then… Continue reading Car Deals Vanished During the Pandemic. They’re Coming Back.
‘Not Everything Was Bad’: Saluting the Mercedes of Eastern Europe and a Communist Past
As the beige car bounced up to the former Soviet barracks, the rattling of its half-century-old motor overpowered the din of people setting up for the day’s festivities at a temporary fairground. A man dressed in the dark green uniform of a 1950s traffic cop, replete with an old-fashioned leather cap, blew his whistle sharply… Continue reading ‘Not Everything Was Bad’: Saluting the Mercedes of Eastern Europe and a Communist Past