Upstart Chinese electric car brand delivered more cars than Nio in 2022
[ad_1] A pink Nezha V and black Nezha U Pro electric car models are on display at a store in Shanghai on Nov. 7, 2021. Costfoto | Future Publishing |…
Chicago PMI rebounds in December, remains in contraction territory
[ad_1] The Chicago Business Barometer, also known as the Chicago PMI, rebounded to 44.9 in December from 37.2 in the prior month, which was the lowest reading since the 2007/2008…
Elon Musk sells another huge chunk of Tesla shares
[ad_1] Anadolu Agency | Anadolu Agency | Getty Images Tesla CEO Elon Musk sold about 22 million more shares in his electric vehicle business, which were worth around $3.6 billion, according to a…
Elon Musk is no longer the richest person in the world
[ad_1] SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June…
The $40,000 electric vehicle business tax credit may be easy to get
[ad_1] Electric buses at a charging station. Koiguo | Moment | Getty Images Plus, the tax credit for bigger trucks is worth more money — up to $40,000 in contrast…
Moody’s Mark Zandi sees relief within 6 months
[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…
China’s electric car companies are safe from the U.S. Nvidia chip ban
[ad_1] Nvidia has found success in China by selling automotive chips to the country’s electric car companies. But the U.S. semiconductor giant has been restricted from sending some products to…