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UAW Says Costly EV Transition Won't Change Union's Demands
Business

UAW Says Costly EV Transition Won't Change Union's Demands

Union leader Shawn Fain outlines labor’s priorities in talks with carmakers, indicating a widening gulf between the two sides Source link

The Biggest Winners in America’s Climate Law: Foreign Companies
Business

The Biggest Winners in America’s Climate Law: Foreign Companies

The 2022 climate law unleashed a torrent of government subsidies to help the U.S. build clean-energy industries. The biggest beneficiaries so far are foreign companies.

Ford Cuts Price of EV F-150 Lightning Truck by Up to 17%
Business

Ford Cuts Price of EV F-150 Lightning Truck by Up to 17%

The move came after Tesla reported a surge in second-quarter deliveries that was helped by sharp price cuts and discounts. Source link

The Chinese Auto Empire Coming to the U.S.
Finances

The Chinese Auto Empire Coming to the U.S.

Forget BYD: Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and

CSX Boss: Railroads' Efficiency Model Wasn't Implemented Properly
Business

CSX Boss: Railroads' Efficiency Model Wasn't Implemented Properly

New CEO Joe Hinrichs says railroads’ use of the vaunted precision-scheduling model hasn’t put enough focus on employees and customers. Source link

Ram's New Electric Pickup Aims for Battery Range of 500 Miles
Business

Ram's New Electric Pickup Aims for Battery Range of 500 Miles

The Ram 1500 REV is likely to go on sale next year and will try to surpass the ranges of EV rivals. Source link

Lithium Prices Are Down, Cheaper Batteries and EVs Could Follow
Finances

Lithium Prices Are Down, Cheaper Batteries and EVs Could Follow

Markets Commodities Key ingredient in batteries has fallen more than 30% after big rally Source link

As Dealerships Get More Stock, Auto Makers' Sales Rebound
Business

As Dealerships Get More Stock, Auto Makers' Sales Rebound

GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing supply-chain troubles.

Another Quarter, Another Change in EV Tax Credits
Finances

Another Quarter, Another Change in EV Tax Credits

Getting the full $7,500 tax credit on a new electric vehicle is about to become tougher. Source link