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Tesla’s Sales of China-Made Vehicles Drop in July Due to Factory Line Upgrades

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Tesla’s Sales of China-Made Vehicles Drop in July Due to Factory Line Upgrades

Tesla’s model 3 vehicles, made in China, are seen during a delivery event at the factory in Shanghai, China, Jan. 7, 2020. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug. 9 (Reuters) – Tesla (TSLA.O) sold 28,217 Chinese-made cars in July, nearly two-thirds less than a month earlier, as … Read more

Automakers say US Senate bill will jeopardize 2030 targets for EVs

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Automakers say US Senate bill will jeopardize 2030 targets for EVs

FILE PHOTO – Volkswagen employees stand next to Volkswagen electric cars at a ceremony at Volkswagen’s first battery cell factory, ‘SalzGiga’, in Salzgitter, Germany, July 7, 2022. REUTERS/Fabrizio Bensch Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug. 7 (Reuters) – A group representing General Motors (GM.N), Toyota Motor (7203.T), Volkswagen (VOWG_p.DE) and … Read more

US automakers say 70% of EV models are ineligible for tax relief under Senate law

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US automakers say 70% of EV models are ineligible for tax relief under Senate law

The new GM logo can be seen on the facade of General Motors headquarters in Detroit, Michigan, US, March 16, 2021. REUTERS/Rebecca Cook Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug. 5 (Reuters) – Most electric vehicle models would not qualify for a $7,500 tax credit for U.S. buyers under a Democratic … Read more