The Biden administration proposed new rules on Friday aimed at shifting more production of electric vehicle batteries and the materials that power them to the United States, in an attempt to build up a strategic industry now dominated by China. The rules are meant to limit the role that Chinese firms can play in supplying […]
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As we head into COP28, the annual global meeting on climate change underway in Dubai, there are two dominating schools of thought, both of which are wrong. One says the future is hopeless and our grandchildren are doomed to suffer on a burning planet. The other says we’re all going to be fine because we […]
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Listen and follow DealBook SummitApple Podcasts | Spotify | Amazon Music DealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. Elon Musk’s Starlink satellites connect every corner of the world to the internet. His electric car […]
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“Is that clear?” Andrew here. Yes, I was surprised at what Elon Musk said at the DealBook Summit on Wednesday — you can see that in the moment from our conversation when he left me temporarily speechless. But I would encourage everyone to watch the entire interview, as we covered so much more than that. […]
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To tackle dangerous global warming, countries have started to clean up their power plants and cars. But emissions from heavy industry — like cement, steel or chemical factories — have been harder to curb and are now on pace to become by far the world’s largest source of planet-warming pollution. That’s one big takeaway from […]
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The Biden administration has been trying to jump-start the domestic supply chain for electric vehicles so cleaner cars can be made in the United States. But the experience of one Texas company, whose plans to help make an all-American electric vehicle were upended by China, highlights the stakes involved as the administration finalizes rules governing […]
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It has been a bumpy few weeks for carmakers who sell electric vehicles, which are moving more slowly off the lot than they were earlier this year. What’s going on? It seems that American drivers may be more hesitant about E.V.s than automakers expected. I am familiar with trepidation about electric vehicles; I hear it […]
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Gail Collins: Bret, I guess we should start with things we’re thankful for this year. Don’t suppose the imminent end of the political career of the dreadful Representative George Santos rises to the level of holiday cheer. So you go first. No fair counting family and friends. Bret Stephens: It’s a depressing world, Gail, so […]
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When Revel brought 68 electric mopeds to a Brooklyn storefront in 2018, it set out to show New Yorkers that getting around the city could be fun. Riders could hop onto an electric-blue moped instead of cramming into the subway or getting stuck in car traffic. At its height, Revel’s ridership neared 600,000 rides in […]
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For years, Mira Murati has worked behind the scenes at OpenAI, overseeing the development and delivery of revolutionary products such as ChatGPT and DALL-E. Now, she is stepping into the limelight as its interim chief executive. Ms. Murati, 34, was elevated to the top position at the high-profile company on Friday when OpenAI’s board of […]
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Jim Tankersley contributed reporting. The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Mike Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle […]
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Los Angeles said on Thursday that it would build electric vehicle chargers and offer bigger rebates for the purchase of battery-powered cars in response to a new report that concluded that low-income people were being left behind in the transition to clean energy. City officials said they would offer qualified residents up to $4,000 to […]
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For more than a quarter century, the fortunes of the United States and China were fused in a uniquely monumental joint venture. Americans treated China like the mother of all outlet stores, purchasing staggering quantities of low-priced factory goods. Major brands exploited China as the ultimate means of cutting costs, manufacturing their products in a […]
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President Biden’s signature climate law has stimulated a surge of investment in electric vehicle production across the country, including tens of billions of dollars on battery plants across the South and new assembly lines near the Great Lakes. Based on early evidence, it is succeeding at a goal that economists have long considered difficult and […]
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Unions across Sweden said on Tuesday that they would support an effort to pressure Tesla to sign a collective bargaining agreement with its 120 mechanics, joining a campaign to defend a model of organized labor that many Swedes say is essential to the country’s economic success and stability. Dockworkers said they would expand their blockade […]
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Normally a 50 percent increase in sales is considered very good. But when the number of electric vehicles sold in the United States grew that much during the third quarter from a year earlier, it was a disappointment. Carmakers and analysts had expected more. Instead of celebrating, auto executives worried that demand for electric vehicles […]
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The four vehicles parked at a depot in South Burlington, Vt., look no different from the yellow school buses familiar to millions of schoolchildren. But beneath their steel shells, these buses are packed with technology that could be vital in the transition to clean energy. While their main job remains transporting children, the vehicles take […]
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Chris Caputo stood on the tarmac at Burlington International Airport in Vermont in early October and looked to the clouds in the distance. He had piloted military and commercial aircraft over a long career, racking up thousands of flight hours, but the trip he was about to take would be very different. That’s because the […]
Read MoreLaying out a tentative contract agreement to end a six-week wave of walkouts at Ford Motor, the United Automobile Workers president made an unusual pitch to other labor unions. “We invite unions around the country to align your contract expirations with our own,” the U.A.W. leader, Shawn Fain, said Sunday night. “If we’re going to […]
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The United Automobile Workers union reached a tentative agreement with General Motors on Monday, following similar deals in recent days with Ford Motor and Stellantis, the parent company of Ram, Chrysler and Jeep. Together, the agreements are expected to end the union’s six-week strike of the Big Three Detroit automakers. Here’s what to know about […]
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The United Automobile Workers’ big wins with Detroit’s Big Three automakers could also prove to be a significant political victory for President Biden, who openly sided with striking workers to pressure the companies, General Motors, Ford and Stellantis, to produce generous concessions. But the U.A.W.’s turn now toward nonunionized automakers like Tesla, Hyundai, BMW and […]
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General Motors and the United Automobile Workers union reached a tentative agreement on a new labor contract on Monday, according to two people familiar with the matter, setting the stage for an end to the union’s six-week wave of strikes against the three large U.S. automakers. The agreement comes days after the union announced tentative […]
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The United Automobile Workers union reached a tentative agreement on a new labor contract with Stellantis, the parent company of Chrysler, Jeep and Ram, on Saturday, a person familiar with the matter said on Saturday. The agreement comes three days after the union and Ford Motor announced a tentative agreement on a new contract. The […]
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When autoworkers went on strike in September, executives of the large U.S. automakers warned that union demands could significantly undermine their ability to compete in a fast-changing industry. The chief executive of Ford Motor said that the company might have to scrap its investment in electric vehicles. The future doesn’t look quite that bleak now […]
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Exxon Mobil and Chevron, the two largest U.S. oil companies, this month committed to spending more than $50 billion each to buy smaller companies in deals that would let them produce more oil and natural gas for decades to come. But a day after Chevron announced its acquisition, the International Energy Agency released an exhaustive […]
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General Motors said on Tuesday that it made $3.1 billion in profit from July through September, a year-over-year decline of more than 7 percent that was due partly to the six-week strike by the United Automobile Workers, which has idled two of the company’s vehicle plants and 18 of its parts distribution centers. G.M. said […]
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For more than a century, the world’s appetite for fossil fuels has been expanding relentlessly, as humans have continued burning larger amounts of coal, oil and natural gas almost every year to power homes, cars and factories. But a remarkable shift may soon be at hand. The world’s leading energy agency now predicts that global […]
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Tens of thousands of people who work for Toyota in Kentucky, Mercedes-Benz in Alabama or Tesla in Texas are technically not involved in the high-stakes negotiations taking place between labor and management in and around Detroit. But they are very much a presence. Executives at Ford Motor, General Motors and Stellantis, the parent of Chrysler, […]
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As a 25-year-old junior executive at the car company that bears his last name, William Clay Ford Jr. had a bracing introduction to labor negotiations when a union official demanded that he stand up and vouch that he was made of the same stuff as his great-grandfather Henry Ford. Mr. Ford, now the company’s executive […]
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Four weeks after starting limited strikes against three large automakers, the United Automobile Workers is shifting to a more aggressive strategy, suggesting work stoppages could spread to more plants and possibly go on for some time. In an online video, the union’s president, Shawn Fain, said he would no longer wait to announce expansions of […]
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Solar developers, environmentalists, farming groups and tribal organizations said on Thursday that they had reached an agreement that could make it easier in the United States to build large solar farms, which have attracted stiff opposition in some places. The agreement seeks to address some thorny land-use and biodiversity issues that often stymie power projects […]
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