Wheels: For Electric Vehicle Makers, Winners and Losers in Climate Bill

Carmakers may need years to revamp supply chains, but the legislation is seen as a win for EVs.

View in browser|nytimes.com Continue reading the main story August 16, 2022 The Wheels newsletter is delivered monthly. The next one will appear on Tuesday, Sept. 20. Kelsey McClellan for The New York Times For Electric Vehicle Makers, Winners and Losers in Climate Bill Carmakers may need several years to revamp their supply chains to meet new rules, but the legislation is still seen as a win for electric vehicles. By Jack Ewing Continue reading the main story ADVERTISEMENT Erinn Springer for The New York Times Wheels 10 States, 2,400 Miles and More Than 100 Classic Cars Mechanical failure, sleep deprivation and esprit de corps are all part of the Great Race, an annual rally of vintage vehicles, some more than a century old. By Mercedes Lilienthal Jorge Silva/Reuters After Losing Favor to Electric Cars, Plug-In Hybrids Gain Ground There has been a surge in the sales of cars that can travel short distances on just electricity and have a gasoline engine for longer trips. By Lawrence Ulrich Jillian Freyer for The New York Times Jacques Pépin, in Search of Lost Cars and Cuisine Have France's distinctive food and automobiles slipped in their cultural cachet? The celebrity chef and serial owner of French cars has opinions on the matter. By Jamie Lincoln Kitman Can the F-150 Lightning Make Everyone Want a Truck That Plugs In? Welcome to Commerce, Ga., the Battery Belt. By Talmon Joseph Smith and David Walter Banks Continue reading the main story ADVERTISEMENT Brian Finke for The New York Times 'Drive to Survive' Made Americans Fall in Love With Formula 1 The Netflix show sold the European sport to a U.S. audience. But will the romance last after the series is gone? By Bruce Schoenfeld Electric Cars Too Costly for Many, Even With Aid in Climate Bill Battery-powered vehicles are considered essential to the fight against climate change, but most models are aimed at the affluent. By Jack Ewing Rivian Reports $1.7 Billion Quarterly Loss as Supply Chain Problems Persist The maker of electric pickup trucks, vans and sport utility vehicles affirmed its production forecast for the year. By Neal E. Boudette Tesla will spend more to increase production at two new factories. Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion. By Jack Ewing Tesla Prevails Over Most Activist Shareholder Proposals One proposal from investors that would allow investors to nominate directors to the electric car company's board was approved. By Jack Ewing Energy Department will lend G.M. and LG $2.5 billion to build battery factories. The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan. By Jack Ewing Lucid Motors slashes production forecast, blaming supply chain chaos. The maker of luxury electric cars that hopes to challenge Tesla struggled to get parts and build vehicles in the second quarter. By Jack Ewing Continue reading the main story Need help? Review our newsletter help page or contact us for assistance. You received this email because you signed up for Wheels from The New York Times. To stop receiving these emails, unsubscribe or manage your email preferences. Subscribe to The TimesGet The New York Times app Connect with us on: Change Your EmailPrivacy PolicyContact UsCalifornia Notices The New York Times Company. 620 Eighth Avenue New York, NY 10018