Tesla profits slid after it repeatedly cut vehicle prices

Electric car maker's earnings have fallen sharply following a series of price reductions across its model lineup.

• Apr 19, 2023

These are the electric vehicles that qualify for a $7,500 tax credit

The Nissan Leaf and Volvo S60 join a longer list of EVs that have been kicked off the U.S. Treasury Department's list.

• Apr 17, 2023

Rise of lower-priced electric vehicles

Tom Narayan, the lead equity analyst for Global Autos at RBC Capital Markets, joins CBS News' Lilia Luciano and Tony Dokoupil to discuss why automakers are rolling out more electric vehicles and who is eligible for tax credits connected to their purchase.

• Apr 17, 2023
• 3:44

EPA proposal seeks to increase EV production

The Biden administration on Wednesday proposed strict new tailpipe pollution standards that would effectively force auto manufacturers to accelerate their production of electric vehicles. Under the EPA's proposal, 67% of all vehicles manufactured in the U.S. would be electric by 2032. Ben Tracy has the details.

• Apr 12, 2023
• 2:08

White House proposes strict new auto emission limits to boost electric vehicle sales

In a statement, EPA administrator Michael Regan called the new regulations the "the most ambitious pollution standards ever for cars and trucks."

• Apr 12, 2023

EPA to propose car pollution limits that would require big boost in EV sales

Strict new automobile pollution limits to be unveiled this week would require at least 54% of new vehicles sold in the U.S. to be electric by 2030.

• Apr 12, 2023

4 in 10 U.S. adults say next vehicle may be electric, poll finds

Even with tax credits, it could be difficult to persuade drivers to ditch their gas-burning cars and trucks.

• Apr 11, 2023

EV tax credit likely to get updated with proposed battery source requirements

Those requirements apply to a $7,500 tax credit.

• Mar 31, 2023

House passes sprawling GOP energy bill to reverse Biden climate policies

The sweeping energy package counters virtually all of President Biden's agenda to address climate change.

• Mar 30, 2023

Ford to lose $3 billion this year making electric cars

Losses are mounting in the automaker's electric vehicle business, but it says profits are on the horizon.

• Mar 23, 2023

5 of the hottest electric cars rolling into dealerships in 2023

Sales of electric vehicles doubled in 2022, and a host of new models are hitting the showroom floor.

• Mar 22, 2023

Dodge unveils last — and super-fast — gasoline muscle car

Automaker says the Challenger SRT Demon 170 will pack over 1,000 horsepower and outpace electric supercars.

• Mar 21, 2023

These are the 5 most affordable EVs for 2023, according to Edmunds

Some of these models will qualify for federal tax credits that now require American assembly and parts sourcing.

• Mar 1, 2023

USPS purchases thousands of electric vehicles and charging stations

The move is part of the agency's goal to have a fleet of 66,000 electric vehicles deployed by 2028.

• Mar 1, 2023

An entry-level Tesla now costs less than the average new car

Tesla's Model 3 is $43,000 while new cars sold for an average $49,388 in January, according​ to Kelley Blue Book.

• Feb 22, 2023

These are the top 10 cars to buy in 2023, Consumer Reports says

The outlet recommends Ford's Maverick Hybrid for anyone with an active lifestyle and Kia's Telluride for infotainment lovers.

• Feb 16, 2023

Ford stops production on F-150 Lightning truck over battery issue

The Michigan automaker began selling the much-anticipated EV last year and has sold​ 15,617 of them as of December.

• Feb 15, 2023

Tesla to open part of charging network to other EVs under U.S. expansion plan

The Biden administration announced rules for EV chargers and new commitments from Tesla, GM and others.

• Feb 15, 2023

For some EV owners, recharging now more costly than filling up

Some electric car owners around the U.S. have experienced sticker shock charging their vehicles. Here's why.

• Feb 13, 2023

Huge deposits of vital rare earth elements found in Arctic Sweden

"The EU's self-sufficiency and independence from Russia and China will begin in the mine," said Sweden's energy and business minister.

• Jan 12, 2023

80% of new cars sold in Norway are now electric vehicles

"There is no excuse for the internal combustion engines' unnecessary pollution when the climate crisis is so urgent," says the head of the country's EV association.

• Jan 3, 2023

Electric vehicles: Who's ahead, who's behind

Electric vehicles' share of the market has doubled since 2021; experts estimate there will soon be 159 different EV models. But while Tesla makes up 65% of the U.S. EV market, their share has dropped steadily, with Ford and General Motors forecast to pass Tesla in market share by 2025. Correspondent Kris Van Cleave talks with auto industry expert Tim Stevens about the future of EVs.

• Dec 10, 2022
• 2:37

Yellen warns of "risky" cryptocurrency, touts "resilient" U.S. economy

The Treasury chief told CBS News she expected inflation to ease thanks to a "resilient" U.S. economy, and said Biden's shift to EVs would become "less reliant on China."

• Nov 15, 2022

Shift to EVs too slow to avoid "catastrophe," report finds

"Toyota, Volkswagen and other leading automakers are on a collision course with the climate," Greenpeace says.

• Nov 11, 2022

Some Minnesota residents worried about local nickel mining for EV batteries

"Where is the scientific data that says this is safe?" said Melanie Benjamin, who leads the executive branch of an American Indian tribe in Minnesota.

• Oct 27, 2022

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