Autos

‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say

Buying a new electric vehicle isn’t the only way consumers can access a $7,500 federal EV tax credit. They may…

China’s robotaxi push sparks concerns about job security for drivers

BEIJING — China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — but it’s also rattling…

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…

Rent a car for a road trip, or drive your own? 5 things to consider

Summer is the season of road trips. A record 70.9 million Americans are expected to travel by car during the…

China’s EV architect says investing in Europe is a way forward

HEFEI, China — The man who spearheaded China’s electric car strategy said Wednesday that Chinese investment in the European electric vehicles industry could be a…

China has spent at least $230 billion to build its EV industry, new study finds

BEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to analysis…

Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties

A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds…

More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say

The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of…

Chinese electric car company Nio to enter Middle East this year amid global expansion by peers

BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said…

Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled airbags

Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway…