Greens vs. Electric Vehicle Tax Credits

Greens vs.  Electric Vehicle Tax Credits

The Schumer-Manchin tax bill’s rich electric-veicle subsides are a boon for auto makers, but they come with a hitch: It’s unlikely any electric vehicle on the market today would qualify for the $7,500 tax credit because of conditions in the bill on material manufacturing . This will be one policy where Democratic promises of permitting … Read more

Ford CEO Farley outlined plans for automaker’s electric vehicle shift

Ford CEO Farley outlined plans for automaker's electric vehicle shift

Electric vehicle batteries are in short supply, and costs for materials such as nickel and cobalt are surging. Yet legacy automaker Ford Motor says it plans to be profitably building millions of EVs a year in just four years. This week, the Detroit automaker gave investors a little more clarity about how it plans to … Read more

Kim Jones designs skins and vintage car for Dior’s gaming debut

Kim Jones designs skins and vintage car for Dior's gaming debut

To receive the Vogue Business newsletter, sign up here. Dior, a luxury brand leader in cross-channel digital strategy, is stepping up its presence in the metaverse via a high-profile collaboration with Gran Turismo 7, a racing game now in its seventh edition and one of the longest running franchises in the gaming world. The LVMH-owned … Read more

UBS on how to invest in EVs, rising electric vehicle adoption

UBS on how to invest in EVs, rising electric vehicle adoption

Demand for electric vehicles is expected to boom in the coming decades — and UBS has identified a theme for investors to cash in on that electrification. UBS said that increasing amounts of electronic content within vehicles will lead to new supply chains, as automakers work directly with semiconductor firms and new tech players. In … Read more