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fromFortune
1 month ago

In China, EVs are now cheaper than gas cars. In the U.S., the Big Three still haven't closed a premium that's $14,000 per vehicle

China has now crossed a massive benchmark in the electric-car race: battery-powered vehicles are now cheaper than their gas counterparts. In the U.S., by contrast, EVs still face a steep premium; roughly $14,000 on average, according to new data from JATO dynamics, an automotive data analytics firm. Dan Sperling, founding director of the UC Davis Institute of Transportation Studies, told Fortune he thought the $14,000 figure was overestimated - but conceded that there was a strong, real gap.
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US politics
fromFortune
2 months ago

Opinion | It's time to invoke the U.S. Defense Production Act to support a new battery technology revolution

A global defense revolution relies on autonomous drone systems, but U.S. dependence on Chinese battery supply chains poses a risk to defense capabilities.
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