N.Y. Times news on Electric and Hybrid vehicles

chart outlining the cost benefits of electric cars and vehicles

 

NYT > Automobiles
  1. The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.
  2. The company said it would offer customers the same prices it offers its employees on most of its vehicles.
  3. President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
  4. Mr. Musk’s involvement in right-wing politics contributed to a 13% drop in deliveries in the first quarter, including steep declines in E.V.-friendly places like Norway.
  5. Sales of cars picked up recently partly as buyers rushed to lock in deals before President Trump’s 25 percent tariffs on cars and auto parts go into effect.
  6. “Prices are going to shoot up now,” one shopper said. But some dealers said that economic concerns might be keeping people away.
  7. Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.
  8. The scale of the damage depends on the circumstances of each company’s supply chain.
  9. Fury at Elon Musk emerges as vandalism, protest and buyer’s remorse.
  10. President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.
  11. Leaders in both countries warned that tariffs would fan inflation in the United States and upend global supply chains.
  12. The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy.
  13. Japanese automakers, initially optimistic about some of President Trump’s policies, are reckoning with potentially devastating U.S. taxes on foreign-made cars.
  14. The city-state, where it costs up to $84,000 just for the right to own a car, is one of the most expensive places to drive. That is by design.
  15. After Election Day, investors initially thought that Elon Musk’s close association with President Trump would help Tesla. Jack Ewing, a reporter who covers the electric vehicle industry, describes how, instead, Tesla’s stock gains have evaporated and its sales are falling around the world.