General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand. Go to Source
Author: New York Times Online News
New Car Sales Are Rising Thanks to Purchases by the Well-Off
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said. Go to Source
Nvidia Details New A.I. Chips and Autonomous Car Project With Mercedes
At the CES conference, Jensen Huang, the company’s chief executive, said the more efficient and powerful chip would begin shipping later this year. Go to Source
China’s BYD Surpasses Tesla as World Leader in Electric Car Sales
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives. Go to Source
Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. Go to Source
Before Electric Vehicles Became Political, There Was the Toyota Prius
The political polarization of battery-powered cars may have started when Toyota released its first hybrid model 25 years ago. Go to Source
Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. Go to Source
Tesla Robotaxis Are Big on Wall St. but Lagging on Roads
Shares of Tesla have hit new highs on optimism about the company’s self-driving taxis. But experts say Tesla is far behind Waymo, which has a big head start. Go to Source
Driving Somewhere for the Holidays? Here’s How to Make Your Road Trip Safe.
Be sure you have the right equipment and apps for weather and traffic, and don’t forget to check those tires. Here are more tips for hitting the highway. Go to Source
Massachusetts Battery Start-Up to List on Stock Exchange
Factorial, the start-up, said the listing would provide money that would help it bring new solid-state batteries to market as soon as 2027. Go to Source