Electric Car News Inexpensive Seagull Electric Car Has Us Automakers, Politicians Trembling With Fear
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Car executives fear a collapse in EV sales as US tax subsidy vanishes
DETROIT (Reuters) -Automotive executives are bracing for a freefall in U.S. electric-vehicle sales following the disappearance of a critical $7,500 tax break for buyers. "It's a game-changer," Ford ... Read More
The 'godfather of EVs' says Tesla's new affordable models won't stop it losing ground to China
Former Nissan executive Andy Palmer said Tesla's new Standard models won't help it fight off fierce competition from China's EV giants. Read More
Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion
General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. Read More
End of EV tax subsidy sparks worries of collapse in US electric car sales
Dealerships adopt cautious approach, reducing EV inventory Ford CEO predicts EV sales to drop to 5% of total U.S. vehicle sales Automakers struggle to provide long-term support without tax credit ... Read More
Not sold on Tesla's affordable EVs? Here are all the cheapest electric cars for sale in the US.
Elon Musk's automaker launched the Model Y and 3 Standard on Tuesday, after teasing more affordable models for years. Read More
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