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<!DOCTYPE html> <html lang="en" class=" story nytapp-vi-article " xmlns:og="http://opengraphprotocol.org/schema/"> <head> <meta charset="utf-8" /> <title data-rh="true">Electric Vehicles Could Match Gasoline Cars on Price This Year - The New York Times</title> <meta data-rh="true" name="robots" content="noarchive, max-image-preview:large"/><meta data-rh="true" name="description" content="Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected."/><meta data-rh="true" property="twitter:url" content="https://www.nytimes.com/2023/02/10/business/electric-vehicles-price-cost.html"/><meta data-rh="true" property="twitter:title" content="Electric Vehicles Could Match Gasoline Cars on Price This Year (Published 2023)"/><meta data-rh="true" property="twitter:description" content="Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than 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data-testid="imageContainer-children-Image"><picture><source media="(max-width: 599px) and (min-device-pixel-ratio: 3),(max-width: 599px) and (min-resolution: 3dppx),(max-width: 599px) and (min-resolution: 288dpi)" srcSet="https://static01.nyt.com/images/2023/02/14/multimedia/13ev-prices-print1/00ev-prices-03-wztc-mobileMasterAt3x.jpg?quality=75&auto=webp&disable=upscale&width=1800"/><source media="(max-width: 599px) and (min-device-pixel-ratio: 2),(max-width: 599px) and (min-resolution: 2dppx),(max-width: 599px) and (min-resolution: 192dpi)" srcSet="https://static01.nyt.com/images/2023/02/14/multimedia/13ev-prices-print1/00ev-prices-03-wztc-mobileMasterAt3x.jpg?quality=75&auto=webp&disable=upscale&width=1200"/><source media="(max-width: 599px) and (min-device-pixel-ratio: 1),(max-width: 599px) and (min-resolution: 1dppx),(max-width: 599px) and (min-resolution: 96dpi)" srcSet="https://static01.nyt.com/images/2023/02/14/multimedia/13ev-prices-print1/00ev-prices-03-wztc-mobileMasterAt3x.jpg?quality=75&auto=webp&disable=upscale&width=600"/><img alt="A black Tesla plugged into a ChargePoint charger." class="css-rq4mmj" src="https://static01.nyt.com/images/2023/02/14/multimedia/13ev-prices-print1/00ev-prices-03-wztc-articleLarge-v2.jpg?quality=75&auto=webp&disable=upscale" srcSet="https://static01.nyt.com/images/2023/02/14/multimedia/13ev-prices-print1/00ev-prices-03-wztc-articleLarge-v2.jpg?quality=75&auto=webp 600w,https://static01.nyt.com/images/2023/02/14/multimedia/13ev-prices-print1/00ev-prices-03-wztc-jumbo-v2.jpg?quality=75&auto=webp 1024w,https://static01.nyt.com/images/2023/02/14/multimedia/13ev-prices-print1/00ev-prices-03-wztc-superJumbo-v2.jpg?quality=75&auto=webp 2048w" sizes="((min-width: 600px) and (max-width: 1004px)) 84vw, (min-width: 1005px) 80vw, 100vw" decoding="async" width="600" height="400"/></picture></div><figcaption data-testid="photoviewer-children-ImageCaption" class="css-ktho12 e3rygrp0"><span class="css-jevhma e13ogyst0">Electric car prices were rising for much of the last year but are now falling as competition intensifies, government incentives kick in and raw material prices decline.</span><span class="css-14fe1uy e1z0qqy90"><span class="css-1ly73wi e1tej78p0">Credit...</span><span><span aria-hidden="false">Brittainy Newman/The New York Times</span></span></span></figcaption></figure></div><div class="css-p6m5rf"><div class="byline-container css-1u5onbp epjyd6m2"><div class="css-165eim7 ey68jwv0" aria-hidden="true"><a href="https://www.nytimes.com/by/jack-ewing" class="css-uwwqev"><img alt="Jack Ewing" title="Jack Ewing" src="https://static01.nyt.com/images/2018/07/18/multimedia/author-jack-ewing/author-jack-ewing-thumbLarge.png" class="css-dc6zx6 ey68jwv2"/></a></div><div class="css-233int epjyd6m1"><p class="css-4anu6l e1jsehar1"><span class="byline-prefix">By </span><a href="https://www.nytimes.com/by/jack-ewing" class="last-byline css-ojhyzr e1jsehar0" itemProp="name">Jack Ewing</a></p><div class="css-gqryk5 epjyd6m0"></div></div></div></div><div class="css-1c72mta"><time dateTime="2023-02-14T11:23:59-05:00" class="css-1ubbotv e16638kd2"><span class="css-1sbuyqj e16638kd3">Published Feb. 10, 2023</span><span class="css-233int e16638kd4">Updated Feb. 14, 2023</span></time></div></header><div id="NYT_ABOVE_MAIN_CONTENT_REGION" data-testid="region"></div><section name="articleBody" class="meteredContent css-1r7ky0e"><div class="css-s99gbd StoryBodyCompanionColumn" data-testid="companionColumn-0"><div class="css-53u6y8"><p class="css-at9mc1 evys1bk0">More quickly than seemed possible a few months ago, sticker prices for electric vehicles are falling closer to the point where they could soon be on a par with gasoline cars.</p><p class="css-at9mc1 evys1bk0">Increased competition, government incentives and falling prices for lithium and other battery materials are making electric vehicles noticeably more affordable. The tipping point when electric vehicles become as cheap as or cheaper than cars with internal combustion engines could arrive this year for some mass market models and is already the case for some luxury vehicles.</p><p class="css-at9mc1 evys1bk0">Prices are likely to continue trending lower as Tesla, General Motors, Ford Motor and their battery suppliers ramp up new factories, reaping the cost savings that come from mass production. New electric vehicles from companies like Volkswagen, Nissan and Hyundai will add to competitive pressure.</p><p class="css-at9mc1 evys1bk0">The battery-powered version of G.M.’s Equinox crossover, for example, will start around $30,000 when it arrives this fall, the carmaker has said. That is $3,400 more than the least expensive gasoline-fueled Equinox. But factoring in government incentives, the electric Equinox should be cheaper. Like all electric vehicles, the car will need less maintenance, and the electricity to power it will cost less than the gasoline used by its combustion engine equivalent.</p></div><aside class="css-ew4tgv" aria-label="companion column"></aside></div><div data-testid="Dropzone-1"></div><div class="css-s99gbd StoryBodyCompanionColumn" data-testid="companionColumn-1"><div class="css-53u6y8"><p class="css-at9mc1 evys1bk0">Only a few months ago, electric vehicle buyers faced <a class="css-yywogo" href="https://www.nytimes.com/2022/08/08/business/energy-environment/electric-vehicles-climate-bill.html" title="">long waiting lists</a>, and dealers marked up sticker prices by thousands of dollars. Used electric vehicles sometimes sold for more than new ones because buyers were willing to pay a premium to get one right away. At the end of 2022, the average price of an electric vehicle was $61,488, compared with $49,507 for all passenger cars and trucks, according to Kelley Blue Book.</p><p class="css-at9mc1 evys1bk0">There are still waiting lists for some models like the Ford F-150 Lightning pickup truck, but it has become easier and cheaper to find and buy new and used electric models.</p></div><aside class="css-ew4tgv" aria-label="companion column"></aside></div><div data-testid="InteractiveBlock-3"><section data-testid="inline-interactive" id="ev-employees" data-id="100000008751349" data-source-id="100000008751349" class="interactive-content interactive-size-scoop css-kqcwdy"><div class="css-17ih8de interactive-body" slug="ev-employees" data-sourceid="100000008751349" id="embed-id-100000008751349"> <script>window.registerInteractive && window.registerInteractive("100000008751349");</script> <script> const metas = document.getElementsByTagName("meta") for (let i = 0; i < metas.length; i++) { if 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your job?","secondaryText":"","attributeSlug":"f63dacf6bf04d12000d65cfb6_text","id":"63dacf6bf04d12000d65cfb6","isNew":false},{"textInput":"","inputType":"text","isRequired":false,"readOnly":false,"helperText":"","deletable":true,"fieldType":"TextInputField","_id":"63dacfd5f04d12000d65cfbb","primaryText":"How long have you worked there?","secondaryText":"","attributeSlug":"f63dacfd5f04d12000d65cfbb_text","id":"63dacfd5f04d12000d65cfbb","isNew":false},{"textArea":"","rows":10,"lengthUnit":"","isRequired":false,"readOnly":false,"helperText":"","deletable":true,"fieldType":"TextAreaField","_id":"63dad001f04d12000d65cfbf","primaryText":"Tell us what you like or don't like about your job.","secondaryText":"","attributeSlug":"f63dad001f04d12000d65cfbf_text","id":"63dad001f04d12000d65cfbf","isNew":false},{"textArea":"","rows":10,"lengthUnit":"","isRequired":false,"readOnly":false,"helperText":"","deletable":true,"fieldType":"TextAreaField","_id":"63dad056f04d12000d65cfc4","primaryText":"How 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car prices were rising for much of the last year but are now falling as competition intensifies, government incentives kick in and raw material prices decline.","timesTags":[],"uri":"nyt:\u002F\u002Fimage\u002Fb2e9e0a7-e6b2-5507-9879-d3174a95eb29","url":"\u002Fimagepages\u002F2023\u002F02\u002F10\u002Fmultimedia\u002F00ev-prices-03-wztc.html"},"size":"LARGE"},"summary":{"__typename":"SummaryBlock","content":[{"__typename":"TextInline","formats":[],"text":"Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected."}],"textAlign":"LEFT"},"timestampBlock":{"__typename":"TimestampBlock","align":"LEFT","showUpdatedTimestamp":null,"timestamp":"2023-02-10T16:59:41.000Z"}},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"More quickly than seemed possible a few months ago, sticker prices for electric vehicles are falling closer to the point where they could soon be on a par with gasoline cars."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":0},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Increased competition, government incentives and falling prices for lithium and other battery materials are making electric vehicles noticeably more affordable. The tipping point when electric vehicles become as cheap as or cheaper than cars with internal combustion engines could arrive this year for some mass market models and is already the case for some luxury vehicles."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":1},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Prices are likely to continue trending lower as Tesla, General Motors, Ford Motor and their battery suppliers ramp up new factories, reaping the cost savings that come from mass production. New electric vehicles from companies like Volkswagen, Nissan and Hyundai will add to competitive pressure."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":2},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The battery-powered version of G.M.’s Equinox crossover, for example, will start around $30,000 when it arrives this fall, the carmaker has said. That is $3,400 more than the least expensive gasoline-fueled Equinox. But factoring in government incentives, the electric Equinox should be cheaper. Like all electric vehicles, the car will need less maintenance, and the electricity to power it will cost less than the gasoline used by its combustion engine equivalent."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":true,"adsDesktopHoldout":true,"adsHybrid":true,"adsMobile":true,"adsMobileHoldout":false,"bad":false,"index":3},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Only a few months ago, electric vehicle buyers faced "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","title":"","uri":null,"url":"https:\u002F\u002Fwww.nytimes.com\u002F2022\u002F08\u002F08\u002Fbusiness\u002Fenergy-environment\u002Felectric-vehicles-climate-bill.html"}],"text":"long waiting lists"},{"__typename":"TextInline","formats":[],"text":", and dealers marked up sticker prices by thousands of dollars. Used electric vehicles sometimes sold for more than new ones because buyers were willing to pay a premium to get one right away. At the end of 2022, the average price of an electric vehicle was $61,488, compared with $49,507 for all passenger cars and trucks, according to Kelley Blue Book."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":4},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"There are still waiting lists for some models like the Ford F-150 Lightning pickup truck, but it has become easier and cheaper to find and buy new and used electric models."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":5},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The first major crack in the trend of rising prices came in January when "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","title":"","uri":null,"url":"https:\u002F\u002Fwww.nytimes.com\u002F2023\u002F01\u002F13\u002Fbusiness\u002Ftesla-price-cut.html"}],"text":"Tesla cut prices"},{"__typename":"TextInline","formats":[],"text":" for the Model 3 and Model Y, the two best-selling electric cars, by thousands of dollars. With a starting price of $43,500 before government incentives, a Model 3 is now $300 less than the least expensive BMW 3 Series sedan. A Model Y, at $55,000 before tax credits, costs about as much as a comparable Lexus RX."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":true,"index":6},{"__typename":"ImageBlock","media":{"__typename":"Image","altText":"Three electric Chevrolets on display. To the left is a blue Equinox, in the middle is a blue Silverado and on the left, a red Blazer.","caption":{"__typename":"TextOnlyDocumentBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"General Motors will start selling three new electric Chevrolets this year. The company’s executives have said they can introduce new battery-powered models a lot faster than new gasoline models."}]}],"text":"General Motors will start selling three new electric Chevrolets this year. The company’s executives have said they can introduce new battery-powered models a lot faster than new gasoline models."},"credit":"Shawn Thew\u002FEPA, via Shutterstock","crops":[{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":400,"name":"articleLarge","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F14\u002Fmultimedia\u002F00JPev-prices1-print-wztc\u002F00ev-prices-01-wztc-articleLarge.jpg","width":600},{"__typename":"ImageRendition","height":433,"name":"popup","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F14\u002Fmultimedia\u002F00JPev-prices1-print-wztc\u002F00ev-prices-01-wztc-popup.jpg","width":650},{"__typename":"ImageRendition","height":683,"name":"jumbo","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F14\u002Fmultimedia\u002F00JPev-prices1-print-wztc\u002F00ev-prices-01-wztc-jumbo.jpg","width":1024},{"__typename":"ImageRendition","height":1365,"name":"superJumbo","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F14\u002Fmultimedia\u002F00JPev-prices1-print-wztc\u002F00ev-prices-01-wztc-superJumbo.jpg","width":2048}]},{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":150,"name":"thumbLarge","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F14\u002Fmultimedia\u002F00JPev-prices1-print-wztc\u002F00ev-prices-01-wztc-thumbLarge.jpg","width":150}]},{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":127,"name":"articleInline","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F14\u002Fmultimedia\u002F00JPev-prices1-print-wztc\u002F00ev-prices-01-wztc-articleInline.jpg","width":190}]},{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":1800,"name":"mobileMasterAt3x","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F14\u002Fmultimedia\u002F00JPev-prices1-print-wztc\u002F00ev-prices-01-wztc-mobileMasterAt3x.jpg","width":1800}]}],"id":"SW1hZ2U6bnl0Oi8vaW1hZ2UvNGI1YWZiNzQtYmI4ZS01YmJiLTkxNDQtOWI1M2ZlMzVjNzRj","imageType":"photo","legacyHtmlCaption":"General Motors will start selling three new electric Chevrolets this year. The company’s executives have said they can introduce new battery-powered models a lot faster than new gasoline models.","timesTags":[],"uri":"nyt:\u002F\u002Fimage\u002F4b5afb74-bb8e-5bbb-9144-9b53fe35c74c","url":"\u002Fimagepages\u002F2023\u002F02\u002F10\u002Fmultimedia\u002F00ev-prices-01-wztc.html"},"size":"LARGE"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":true,"index":7},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","title":"","uri":null,"url":"https:\u002F\u002Fwww.nytimes.com\u002F2023\u002F01\u002F30\u002Fbusiness\u002Fford-mustang-electric-prices.html"}],"text":"Ford"},{"__typename":"TextInline","formats":[],"text":" also cut the price of its Mustang Mach-E, the best-selling electric vehicle in the United States after the Teslas. Even Lucid Motors, a maker of expensive electric sedans that do not qualify for tax credits, is feeling pressure to cut prices and this week began offering $7,500 discounts on cars that start at $107,400."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":true,"adsDesktopHoldout":true,"adsHybrid":true,"adsMobile":true,"adsMobileHoldout":false,"bad":false,"index":8},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Tesla “saw there is increasing competition and some of the competition is quite good,” said Brian Moody, executive editor for Kelley Blue Book. He added, “If the No. 1 seller of a certain type of car reduces their prices, that is going to have an impact on the average.”"}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":9},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Major impetus for the price cuts came from the "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","title":"","uri":null,"url":"https:\u002F\u002Fwww.nytimes.com\u002F2022\u002F08\u002F12\u002Fbusiness\u002Fclimate-bill-electric-vehicles.html"}],"text":"Inflation Reduction Act"},{"__typename":"TextInline","formats":[],"text":", legislation passed by Democrats in Congress last year that provides tax credits of up to $7,500 for electric car buyers. To qualify, battery-powered or plug-in hybrid sedans have to sell for less than $55,000, while pickups and sport utility vehicles qualify only if the retail price is below $80,000. By cutting prices, Ford and Tesla increased the number of models that could benefit from the tax credits."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":10},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Manufacturers “are working to continue to pull in shoppers by making these vehicles eligible for tax credits,” said Jenni Newman, editor in chief of Cars.com, an online auto sales site."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":true,"adsMobile":true,"adsMobileHoldout":false,"bad":false,"index":11},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Potentially more significant are subsidies paid to companies that manufacture batteries in the United States, part of a drive by the Biden administration to establish a domestic supply chain and reduce dependence on China."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":true,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":12},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The subsidies, which were also part of the Inflation Reduction Act, could cut the cost of making electric vehicles by as much as $9,000. That break and the tax credits for buyers of electric cars could allow battery-powered vehicles to achieve price parity with gasoline cars as soon as this year, according to the International Council on Clean Transportation, a research and advocacy group. 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They have fallen 17 percent since July, according to Recurrent, which tracks the used car market. That’s largely because Tesla cut the price of the Model 3 and G.M. lowered the price of the Chevrolet Bolt by almost $6,000 last year. Under the Inflation Reduction Act, used cars can also qualify for a tax credit of up to $4,000. That is important because most people buy used vehicles."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":16},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Falling prices for materials like lithium and cobalt have also helped. The price of lithium used in batteries has fallen 20 percent from its peak in November, though the metal still costs more than twice as much as it did at the end of 2021. Cobalt has fallen by more than half since May, in part because carmakers are selling some models that do not require it, reducing demand."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":17},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"New lithium mines are beginning to produce ore, which could keep a lid on prices. Sigma Lithium will begin shipping lithium concentrate from a site in Brazil to LG Energy Solution, its main customer, as early as April, Ana Cabral Gardner, Sigma Lithium’s chief executive, said in an interview. The site will be the first new source of lithium in Latin America for several years."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":true,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":18},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"“It’s doable, and we’re there,” Ms. Cabral Gardner said."}],"textAlign":"LEFT"},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Of course, these advantages could fade because of new supply chain problems. Lithium remains in short supply, and prices could spike again. 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The company’s Ioniq 5 has sold well, but it is imported from South Korea. Hyundai is building a factory in Georgia that will start assembling electric vehicles in 2025. (Buyers may still collect a tax credit indirectly if they lease foreign-made electric vehicles.)"}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":20},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The Treasury Department, which is responsible for carrying out the Inflation Reduction Act, gave in to auto industry lobbying this month and classified several popular crossovers as S.U.V.s rather than sedans. 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Ford said it had no plans to raise prices of the Mach-E."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":true,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":22},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The Inflation Reduction Act is also under attack by many congressional Republicans even though automakers and battery companies are building factories in states, like "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","title":"","uri":null,"url":"https:\u002F\u002Fwww.nytimes.com\u002F2022\u002F10\u002F19\u002Fbusiness\u002Felectric-vehicles-republicans-investment-south.html"}],"text":"South Carolina"},{"__typename":"TextInline","formats":[],"text":", Texas and Tennessee, where voters tend to elect Republicans."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":true,"adsHybrid":false,"adsMobile":true,"adsMobileHoldout":false,"bad":false,"index":23},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"But arguably the most powerful force driving down prices is not the commodity markets or Washington."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":true,"index":24},{"__typename":"ImageBlock","media":{"__typename":"Image","altText":"A black battery pack sits on a metal cart. There are two wiring cables coming out of the pack that are enclosed in blue plastic tubes.","caption":{"__typename":"TextOnlyDocumentBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"An Ultium battery pack used in the Cadillac Lyriq at an engineering lab in Warren, Mich."}]}],"text":"An Ultium battery pack used in the Cadillac Lyriq at an engineering lab in Warren, Mich."},"credit":"Peter Hoffman for The New York Times","crops":[{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":450,"name":"articleLarge","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F09\u002Fmultimedia\u002F00ev-prices-02-wztc\u002F00ev-prices-02-wztc-articleLarge.jpg","width":600},{"__typename":"ImageRendition","height":487,"name":"popup","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F09\u002Fmultimedia\u002F00ev-prices-02-wztc\u002F00ev-prices-02-wztc-popup.jpg","width":650},{"__typename":"ImageRendition","height":768,"name":"jumbo","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F09\u002Fmultimedia\u002F00ev-prices-02-wztc\u002F00ev-prices-02-wztc-jumbo.jpg","width":1024},{"__typename":"ImageRendition","height":1535,"name":"superJumbo","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F09\u002Fmultimedia\u002F00ev-prices-02-wztc\u002F00ev-prices-02-wztc-superJumbo.jpg","width":2048}]},{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":150,"name":"thumbLarge","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F09\u002Fmultimedia\u002F00ev-prices-02-wztc\u002F00ev-prices-02-wztc-thumbLarge.jpg","width":150}]},{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":142,"name":"articleInline","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F09\u002Fmultimedia\u002F00ev-prices-02-wztc\u002F00ev-prices-02-wztc-articleInline.jpg","width":190}]},{"__typename":"ImageCrop","renditions":[{"__typename":"ImageRendition","height":1799,"name":"mobileMasterAt3x","url":"https:\u002F\u002Fstatic01.nyt.com\u002Fimages\u002F2023\u002F02\u002F09\u002Fmultimedia\u002F00ev-prices-02-wztc\u002F00ev-prices-02-wztc-mobileMasterAt3x.jpg","width":1800}]}],"id":"SW1hZ2U6bnl0Oi8vaW1hZ2UvYWJkNDFiMTAtY2M0Ny01ODE1LWJhOWMtZmQyNzZlYmFjNGU1","imageType":"photo","legacyHtmlCaption":"An Ultium battery pack used in the Cadillac Lyriq at an engineering lab in Warren, Mich.","timesTags":[],"uri":"nyt:\u002F\u002Fimage\u002Fabd41b10-cc47-5815-ba9c-fd276ebac4e5","url":"\u002Fimagepages\u002F2023\u002F02\u002F10\u002Fmultimedia\u002F00ev-prices-02-wztc.html"},"size":"LARGE"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":true,"index":25},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"As electric vehicle sales soar — rising 66 percent in the United States last year to 810,000, according to Kelley Blue Book — automakers are getting better at making them. Ford has reduced the weight of the Mach-E by 70 pounds, increasing range and lowering cost, by eliminating some wiring, Jim Farley, the company’s chief executive, told investors this month."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":26},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"General Motors and LG Energy Solution began producing batteries at a new plant in Ohio last year through a joint venture, Ultium Cells. A second Ultium plant, in Tennessee, is expected to begin production this year, and a third is slated for Michigan. Generally speaking, costs come down as companies produce more of a product."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":true,"adsMobileHoldout":false,"bad":false,"index":27},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Auto executives say they are finding it is easier and cheaper to design and build new electric models than gasoline-powered ones."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":true,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":28},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The battery cells made by Ultium, for example, are part of a collection of components that can be mixed and matched in many types of vehicles. Carmakers have long used the same platforms in multiple models, but the strategy works even better with electric vehicles because the cars have far fewer parts than internal combustion vehicles."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":true,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":29},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The Ultium platform cuts the time needed to develop a new vehicle by almost two years, Dan Nicholson, vice president of electrification at G.M., said at a Federal Reserve Bank of Chicago conference in January."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":30},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"As a result, G.M. will be able to introduce three Chevrolet electric vehicles this year: the Equinox, a Silverado pickup truck and a Blazer S.U.V. “That’s how we get the economies of scale,” Mr. Nicholson said."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":true,"adsMobileHoldout":false,"bad":false,"index":31},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Suppliers have been looking for efficiencies, too. Matthews International, based in Pittsburgh, has developed a process for coating the metal foil that separates the positive and negative electrodes of a battery. Instead of a liquid solution, the process uses a powder."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":32},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"The process requires less equipment and a lot less space, said Greg Babe, the company’s chief technology officer. Those kinds of incremental improvements reduce costs without major technical breakthroughs."}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":true,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":false,"bad":false,"index":33},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[],"text":"Interest in the approach developed by Matthews has soared since President Biden signed the Inflation Reduction Act. “It changed almost overnight,” Mr. Babe said. “The floodgates opened.”"}],"textAlign":"LEFT"},{"__typename":"Dropzone","adsDesktop":false,"adsDesktopHoldout":false,"adsHybrid":false,"adsMobile":false,"adsMobileHoldout":true,"bad":false,"index":34},{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"ItalicFormat","type":null}],"text":"Do you work in the auto industry? The New York Times wants to hear your story. Please share your experiences with us below, and you can "},{"__typename":"TextInline","formats":[{"__typename":"ItalicFormat","type":null},{"__typename":"LinkFormat","title":"","uri":null,"url":"https:\u002F\u002Fwww.nytimes.com\u002F2023\u002F02\u002F06\u002Fbusiness\u002Fauto-industry-electric-vehicles-workers.html"}],"text":"learn more about our reporting here."},{"__typename":"TextInline","formats":[{"__typename":"ItalicFormat","type":null}],"text":" We want to hear about how people in the auto business view the recent rapid growth of electric cars and trucks."},{"__typename":"TextInline","formats":[],"text":" "},{"__typename":"TextInline","formats":[{"__typename":"ItalicFormat","type":null}],"text":"We won’t publish any part of your submission without your 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Politics:\u003C\u002Fstrong\u003E Trump entered his second term \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F17\u002Fus\u002Fpolitics\u002Ftrump-ethics-conflicts-business-adams.html\\\"\u003Ewith an expanded portfolio of business interests\u003C\u002Fa\u003E, ignoring norms recognized for decades, former prosecutors and ethics lawyers say.\",\"\u003Cstrong\u003EJD Vance:\u003C\u002Fstrong\u003E A day after the vice president urged German leaders to end their isolation of far-right parties, \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fworld\u002Feurope\u002Fscholz-vance-munich-germany.html\\\"\u003EChancellor Olaf Scholz rebuked him\u003C\u002Fa\u003E for supporting a political party that many in the country consider to be \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fworld\u002Feurope\u002Fvance-musk-nazis-afd-munich.html\\\"\u003Edangerously descended from Nazism\u003C\u002Fa\u003E.\",\"\u003Cstrong\u003EIn Trump’s Crosshairs:\u003C\u002Fstrong\u003E Through the first month of his administration, President Trump has carried out \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F17\u002Fus\u002Fpolitics\u002Ftrump-retribution-list.html\\\"\u003Ea campaign of revenge and retribution\u003C\u002Fa\u003E that has little analogue in American history.\",\"\u003Cstrong\u003EFiring Spree:\u003C\u002Fstrong\u003E The first test of President Trump’s power to fire officials \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F16\u002Fus\u002Ftrump-supreme-court-special-counsel.html\\\"\u003Ehas reached the Supreme Court\u003C\u002Fa\u003E. This comes after laying off \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fclimate\u002Fus-forest-service-layoffs-wildfires.html\\\"\u003Eforest service workers\u003C\u002Fa\u003E and \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fus\u002Fpolitics\u002Ftrump-administration-continues-immigration-court-crackdown-with-judge-firings.html\\\"\u003Ejudges\u003C\u002Fa\u003E, and \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F16\u002Fus\u002Fpolitics\u002Ftrump-national-nuclear-security-administration-employees-firings.html\\\"\u003Efiring (then unfiring) federal employees charged with the readiness of America’s nuclear arsenal\u003C\u002Fa\u003E.\"]}]}]}}]}]}","guide":{"__typename":"StorylineGuide","displayName":"The Trump Administration’s First 100 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life.”"}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"Presidents’ Day Protests:"},{"__typename":"TextInline","formats":[],"text":" "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002F1bc5d84d-755b-505a-99b4-7da4200ab12d","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F17\u002Fus\u002Fpolitics\u002Ftrump-musk-protests-50501-presidents-day.html"}],"text":"Thousands of Americans took to the streets across the U.S."},{"__typename":"TextInline","formats":[],"text":", denouncing President Trump as a “king” for his efforts to terminate federal workers and to fire prosecutors and independent watchdogs."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"Mixing Business and Politics:"},{"__typename":"TextInline","formats":[],"text":" Trump entered his second term "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002Fa6510f02-3e69-5232-88ec-bc457ea062cf","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F17\u002Fus\u002Fpolitics\u002Ftrump-ethics-conflicts-business-adams.html"}],"text":"with an expanded portfolio of business interests"},{"__typename":"TextInline","formats":[],"text":", ignoring norms recognized for decades, former prosecutors and ethics lawyers say."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"JD Vance:"},{"__typename":"TextInline","formats":[],"text":" A day after the vice president urged German leaders to end their isolation of far-right parties, "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002Fa17adda9-d10b-5bd0-9c21-7d8b24f50ff8","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fworld\u002Feurope\u002Fscholz-vance-munich-germany.html"}],"text":"Chancellor Olaf Scholz rebuked him"},{"__typename":"TextInline","formats":[],"text":" for supporting a political party that many in the country consider to be "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002Ff8ea6387-6ca8-5cc6-ab8b-ee2210f02f01","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fworld\u002Feurope\u002Fvance-musk-nazis-afd-munich.html"}],"text":"dangerously descended from Nazism"},{"__typename":"TextInline","formats":[],"text":"."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"In Trump’s Crosshairs:"},{"__typename":"TextInline","formats":[],"text":" Through the first month of his administration, President Trump has carried out "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002Fd6a1fff1-51c7-599f-9eeb-89d4f019c39c","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F17\u002Fus\u002Fpolitics\u002Ftrump-retribution-list.html"}],"text":"a campaign of revenge and retribution"},{"__typename":"TextInline","formats":[],"text":" that has little analogue in American history."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"Firing Spree:"},{"__typename":"TextInline","formats":[],"text":" The first test of President Trump’s power to fire officials "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002Fa616a8b4-ec88-5bd7-8d60-193e56151a20","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F16\u002Fus\u002Ftrump-supreme-court-special-counsel.html"}],"text":"has reached the Supreme Court"},{"__typename":"TextInline","formats":[],"text":". This comes after laying off "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002F2ff590df-7257-58db-acdb-847c63426d22","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fclimate\u002Fus-forest-service-layoffs-wildfires.html"}],"text":"forest service workers"},{"__typename":"TextInline","formats":[],"text":" and "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002F78b3d5d5-4299-582c-bbf6-90d5bc5d3c18","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F15\u002Fus\u002Fpolitics\u002Ftrump-administration-continues-immigration-court-crackdown-with-judge-firings.html"}],"text":"judges"},{"__typename":"TextInline","formats":[],"text":", and "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002F5baff2bf-f181-50cc-b39b-0f82bd9dea8d","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F16\u002Fus\u002Fpolitics\u002Ftrump-national-nuclear-security-administration-employees-firings.html"}],"text":"firing (then unfiring) federal employees charged with the readiness of America’s nuclear arsenal"},{"__typename":"TextInline","formats":[],"text":"."}]}]}]}}]}]},"hubAssets":[],"primaryAssets":[{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"LegacyCollection","active":true,"id":"TGVnYWN5Q29sbGVjdGlvbjpueXQ6Ly9sZWdhY3ljb2xsZWN0aW9uL2NjYzcyMjRmLTQ5MTYtNWMzOC04ZWMzLTM5N2ZiMjhkMjI0Ng==","lastModified":"2025-02-18T19:41:36.215Z","uri":"nyt:\u002F\u002Flegacycollection\u002Fccc7224f-4916-5c38-8ec3-397fb28d2246","url":"https:\u002F\u002Fwww.nytimes.com\u002Flive\u002F2025\u002F02\u002F18\u002Fus\u002Ftrump-news"},"displayName":"Updates","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Interactive","uri":"nyt:\u002F\u002Finteractive\u002F7465cb9a-b802-5307-bcda-f95cb8ca3d37","url":"https:\u002F\u002Fwww.nytimes.com\u002Finteractive\u002F2025\u002Fus\u002Ftrump-agenda-2025.html"},"displayName":"Tracking Major Moves","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Interactive","uri":"nyt:\u002F\u002Finteractive\u002F3f546130-4ea4-5a0e-94d2-781cbef0e161","url":"https:\u002F\u002Fwww.nytimes.com\u002Finteractive\u002F2025\u002Fus\u002Ftrump-administration-lawsuits.html"},"displayName":"Lawsuits Tracker","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Article","uri":"nyt:\u002F\u002Farticle\u002Fd6a1fff1-51c7-599f-9eeb-89d4f019c39c","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F17\u002Fus\u002Fpolitics\u002Ftrump-retribution-list.html"},"displayName":"In Trump’s Cross Hairs","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Interactive","uri":"nyt:\u002F\u002Finteractive\u002F4f8bb2bc-de81-5335-ab92-8e0e7a299d98","url":"https:\u002F\u002Fwww.nytimes.com\u002Finteractive\u002F2025\u002F02\u002F11\u002Fus\u002Fpolitics\u002Ftrump-musk-doge-federal-workers.html"},"displayName":"Federal Worker Cuts","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Interactive","uri":"nyt:\u002F\u002Finteractive\u002Fd66877e4-8a83-566e-80e4-97a384ab1743","url":"https:\u002F\u002Fwww.nytimes.com\u002Finteractive\u002F2025\u002F01\u002F29\u002Fus\u002Fpolitics\u002Ftrump-cabinet-confirmations-tracker.html"},"displayName":"Confirmations Tracker","status":null}],"promotedLiveAssets":[],"tone":"NEWS","topLinks":null,"uri":"nyt:\u002F\u002Fstoryline\u002F2de31dda-2258-4e5d-9dcf-8b8f41f783c3","url":"https:\u002F\u002Fwww.nytimes.com\u002Fstoryline\u002F2de31dda-2258-4e5d-9dcf-8b8f41f783c3"},"testName":""},{"__typename":"AssociatedStoryline","ruleName":"styln-global-economy","storyline":{"__typename":"Storyline","context":null,"displayName":"Global Economy","experimentalJsonBlob":"{\"data\":[{\"version\":1,\"type\":\"experimentalJsonBlob\",\"data\":[]}]}","guide":null,"hubAssets":[],"primaryAssets":[{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Article","uri":"nyt:\u002F\u002Farticle\u002Fff4c5844-41e5-50ee-b8d9-9c0c9a1634eb","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F06\u002Fbusiness\u002Fbank-england-interest-rates.html"},"displayName":"Bank of England Cuts Rates","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Article","uri":"nyt:\u002F\u002Farticle\u002Fc66d01de-f1ad-555e-8b1b-8ef2081a8a2e","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F02\u002F01\u002Fbusiness\u002Ftrump-tariffs-canada-mexico-china.html"},"displayName":"Trump’s Tariffs","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Article","uri":"nyt:\u002F\u002Farticle\u002Fded66819-c973-58ab-b840-5e049c9d38e7","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F01\u002F17\u002Fbusiness\u002Fimf-world-economic-outlook.html"},"displayName":"I.M.F. Raises U.S. Forecast","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Article","uri":"nyt:\u002F\u002Farticle\u002Fd99d088a-3cc4-5a3c-823c-db2f17d31330","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F01\u002F23\u002Fbusiness\u002Fbank-of-japan-interest-rates.html"},"displayName":"Japan’s Stagnation Ends","status":null},{"__typename":"StorylinePrimaryAsset","asset":{"__typename":"Article","uri":"nyt:\u002F\u002Farticle\u002F4fe1520d-0d7d-5344-a26d-0058015841ce","url":"https:\u002F\u002Fwww.nytimes.com\u002F2025\u002F01\u002F16\u002Fbusiness\u002Fchina-economy-2024-gdp.html"},"displayName":"China’s 2024 G.D.P.","status":null}],"promotedLiveAssets":[],"tone":"NEWS","topLinks":null,"uri":"nyt:\u002F\u002Fstoryline\u002Fc323ea32-0955-4cb3-ad44-a6bb4c1f665c","url":"https:\u002F\u002Fwww.nytimes.com\u002Fstoryline\u002Fc323ea32-0955-4cb3-ad44-a6bb4c1f665c"},"testName":""},{"__typename":"AssociatedStoryline","ruleName":"styln-electric-vehicles","storyline":{"__typename":"Storyline","context":null,"displayName":"Electric Vehicles","experimentalJsonBlob":"{\"data\":[{\"version\":1,\"type\":\"experimentalJsonBlob\",\"data\":[{\"version\":1,\"type\":\"guide\",\"data\":{\"title\":\"The Rise of Electric Vehicles\",\"leadIn\":\"\",\"sections\":[{\"section\":[{\"type\":\"bulletedList\",\"value\":[\"\u003Cstrong\u003EChina’s Price War:\u003C\u002Fstrong\u003E In China’s fast growing but crowded domestic market for electric vehicles, Chinese automakers are \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F27\u002Fbusiness\u002Fbyd-china-electric-vehicles.html\\\"\u003Epressuring suppliers to deliver hefty cost cuts\u003C\u002Fa\u003E.\",\"\u003Cstrong\u003ENew Mail Trucks:\u003C\u002Fstrong\u003E They may look like ducks, but new electric mail trucks have a side cargo door and air-conditioning, promising some long-overdue relief for carriers, who \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F26\u002Fus\u002Fusps-new-mail-trucks.html\\\"\u003Ehaven’t had an upgrade since the 1980s\u003C\u002Fa\u003E.\",\"\u003Cstrong\u003ETax Credit in Jeopardy:\u003C\u002Fstrong\u003E Many car buyers have come to rely on a $7,500 federal tax credit on electric vehicles to soften the blow of their high prices. \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F25\u002Fbusiness\u002Ftrump-electric-vehicle-tax-credit.html\\\"\u003EBut those credits could disappear\u003C\u002Fa\u003E after President-elect Donald Trump takes office.\",\"\u003Cstrong\u003ENewsom Challenges Trump:\u003C\u002Fstrong\u003E California Gov. Gavin Newsom said his state will step in and \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F25\u002Fclimate\u002Fnewsom-trump-electric-vehicle-tax-credits.html\\\"\u003Eprovide rebates to eligible residents\u003C\u002Fa\u003E who buy electric vehicles if Trump ends the federal E.V. tax credit.\",\"\u003Cstrong\u003ERivian E.V. Factory Loan:\u003C\u002Fstrong\u003E The Biden administration will \u003Ca href=\\\"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F25\u002Fbusiness\u002Fbiden-loans-ev-auto-industry.html\\\"\u003Elend $6 billion to help Rivian build an electric car factory in Georgia\u003C\u002Fa\u003E, part of an effort to lock in Democratic climate policies before Trump returns to the White House.\"]}]}]}}]}]}","guide":{"__typename":"StorylineGuide","displayName":"The Rise of Electric Vehicles","leadIn":null,"sections":[{"__typename":"StorylineGuideSection","items":[{"__typename":"StorylineGuideItem","content":{"__typename":"ListBlock","content":[{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"China’s Price War:"},{"__typename":"TextInline","formats":[],"text":" In China’s fast growing but crowded domestic market for electric vehicles, Chinese automakers are "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002F8765ba83-00c5-526e-bda3-6af0882299c6","url":"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F27\u002Fbusiness\u002Fbyd-china-electric-vehicles.html"}],"text":"pressuring suppliers to deliver hefty cost cuts"},{"__typename":"TextInline","formats":[],"text":"."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"New Mail Trucks:"},{"__typename":"TextInline","formats":[],"text":" They may look like ducks, but new electric mail trucks have a side cargo door and air-conditioning, promising some long-overdue relief for carriers, who "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002Ffb75853f-598f-5668-adc9-1cbe12b3f550","url":"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F26\u002Fus\u002Fusps-new-mail-trucks.html"}],"text":"haven’t had an upgrade since the 1980s"},{"__typename":"TextInline","formats":[],"text":"."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"Tax Credit in Jeopardy:"},{"__typename":"TextInline","formats":[],"text":" Many car buyers have come to rely on a $7,500 federal tax credit on electric vehicles to soften the blow of their high prices. "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002F07de307d-d4df-5e7c-855f-11f596f9c137","url":"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F25\u002Fbusiness\u002Ftrump-electric-vehicle-tax-credit.html"}],"text":"But those credits could disappear"},{"__typename":"TextInline","formats":[],"text":" after President-elect Donald Trump takes office."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"Newsom Challenges Trump:"},{"__typename":"TextInline","formats":[],"text":" California Gov. Gavin Newsom said his state will step in and "},{"__typename":"TextInline","formats":[{"__typename":"LinkFormat","uri":"nyt:\u002F\u002Farticle\u002Fa55436cd-063b-5e21-bbc2-16de2d8f2e00","url":"https:\u002F\u002Fwww.nytimes.com\u002F2024\u002F11\u002F25\u002Fclimate\u002Fnewsom-trump-electric-vehicle-tax-credits.html"}],"text":"provide rebates to eligible residents"},{"__typename":"TextInline","formats":[],"text":" who buy electric vehicles if Trump ends the federal E.V. tax credit."}]}]},{"__typename":"ListItemBlock","content":[{"__typename":"ParagraphBlock","content":[{"__typename":"TextInline","formats":[{"__typename":"BoldFormat"}],"text":"Rivian E.V. 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