automakers

U.S. Automakers Demand Changes to EV Tax Credit Proposal That Favors EVs Made in the U.S.

A Tesla Model Y rolls through an assembly line in Austin, Texas, but the EV still relies on foreign battery components.Photo: Suzanne Cordeiro (Getty Images) Automakers in the U.S. are pushing back against Senator Joe Manchin’s EV tax credit proposal due its domestic supply and production requirements. The proposal would restore credit eligibility to some …

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Ford CEO offers more clues about automaker’s ambitious electric vehicle plans

Electric vehicle batteries are in short supply, and costs for materials such as nickel and cobalt are surging. Yet legacy automaker Ford Motor says it plans to be profitably building millions of EVs a year in just four years. This week, the Detroit automaker gave investors a little more clarity about how it plans to …

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