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Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.
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Automaker reports batteries will power half of the vehicles it sells by 2030.
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Dealers can boost electric vehicle sales when they take an educational stance with consumers.
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A key priority in the bill is spending $7.5 billion to build a national network of 500,000 electric vehicle (EV) charging stations.
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Toyota Motor Corp. and Stellantis have announced plans to build battery factories in North America to meet the U.S. government’s push for electric vehicles and the batteries that power them.
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Automakers remain divided over the larger tax credit for EVs built in Union shops and other measures in the green energy plan.
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How electric vehicles will spark new opportunities in dealerships ready for change.
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Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.
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This less expensive and safer battery technology will lower the prices of EVs and make them more accessible to price-conscious consumers and resource-constrained nations.
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The companies sharply criticized a Democrat proposal in the U.S. House of Representatives to give union-made electric vehicles an additional $4,500 tax incentive.
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