Feb 23, 2023 | Electric Vehicles, Manufacturing, US Economy
President Joe Biden, the self-proclaimed “car guy,” made the development of electric vehicle infrastructure a cornerstone of his economic plan. Now, two years after his election, Biden’s push is starting to pay off as more automakers opt to manufacture...
Feb 2, 2023 | Electric Vehicles, US Economy
Americans tend to think a bigger car is a better car. The most popular vehicle segments in the US are SUVs and pickup trucks. The Ford F-Series has been the country’s top-selling vehicle for more than 40 years — followed last year by the Chevrolet Silverado, Ram...
Jan 19, 2023 | Electric Vehicles, Featured, US Economy
The average cost of a new EV hit $61,448 in December, according to Kelley Blue Book — well over the $49,507 paid, on average, for a new internal-combustion engine vehicle. That’s a problem for the automakers in the ever-urgent race for...
Dec 1, 2022 | Detroit, Electric Vehicles, Featured, US Economy
New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collected by S&P Global Mobility show that Tesla still controlled about...
Nov 17, 2022 | Artificial Intelligence, Featured, Finance, US Economy
An artificial intelligence tool could help governments decide whether or not to bail out a bank in crisis by predicting if the intervention will save money for taxpayers in the long term. The AI tool, developed by researchers at University College London (UCL) and...
Aug 18, 2022 | Climate, US Economy
On the surface, the Inflation Reduction Act that President Biden signed into law on Tuesday may sound like a massive government spending program. Indeed, it promises to put nearly $370 billion in federal funding behind the energy transition. But, if you dig deeper,...
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