US states have built less than 400 electric vehicle charging ports through April under $7.5 billion federal infrastructure programs, the Government Accountability Office said Tuesday. As of April 2025,

GM CFO said that the company’s recent $4 billion investment in U.S. manufacturing over the next two years gives it the necessary capabilities to produce both internal combustion engine and electric vehicles based on changing customer demand.

The Trump administration is hobbling free-world automakers in the race against China to electrify transportation. America's EV leader — California — can help.

Tapping into the rush some buyers might feel to buy before the tax credit goes away, Tesla is sweetening the deal. The Austin automaker is promoting offers such as 3.49 percent AP

The federal policy change raises questions about the electric vehicle market after historic investments and state incentives poured in to build the new $4 billion factory.

Plans for a southern electric-vehicle automotive hub have hit the brakes as consumer confidence wanes and federal incentives phase out.

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The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs. Analysts surveyed by Visible Alpha see about $73 billion in operating expenses in Microsoft's fiscal 2026, which implies 11% growth.

The bill, which will end subsidies for electric vehicles, favors gasoline-powered cars, said the head of the Chinese group.

The implementation of the “One Big Beautiful Bill Act”, a large-scale tax cut package in the United States that took effect on July 4, could reduce the U.S. sales of Korean-made electric vehicles by up to $1.