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But loss is step toward profitability soon, it predicts.
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Tax credit change that requires EVs be assembled in North America cited for the surge.
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System would allow it to remotely take back possession of future models whose loan holders are delinquent.
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Milestone for EV maker in 2022 Automotive Loyalty Awards, reported S&P Global Mobility.
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‘Virtual power plant’ initiative could also benefit automotive industry.
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U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
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Magazine cites in part the model’s appeal to existing truck owners.
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Groups in three states file complaints over required investments, restrictions.
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Its EV lineup, though, surges, positioning it just behind Tesla, brand says.
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