Wheels: Why China is trying to tame its electric car frenzy
Beijing has run out of patience with companies slashing prices and is urging restraint.
Wheels
September 9, 2025

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NEWS

Elon Musk, wearing a dark jacket and dark shirt, adjusts a black hat on this head that says “DOGE.”

Elon Musk Could Become First Trillionaire Under New Tesla Pay Plan

Tesla’s board unveiled a compensation package for the chief executive that could be worth $900 billion if he meets ambitious targets.

By Jack Ewing and Peter Eavis

Oliver Blume in front of a board displaying a chart.

Porsche Is No Longer a Blue-Chip Company in Germany

The carmaker will soon be delisted from the leading DAX stock index three years after its blockbuster debut, amid losses in China and the threat of U.S. tariffs.

By Melissa Eddy

A worker checks on new cars parked in a lot.

Europe Gets a Written Trump Trade Deal, With a Caveat for Automakers

Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.

By Tony Romm and Jeanna Smialek

Workers wearing full-body white suits and blue masks are looking at something not visible in the photograph.

California Start-Up Will Buy Assets of Bankrupt Swedish Battery Maker

Lyten will acquire German and Swedish factories built by Northvolt, which declared bankruptcy in March.

By Jack Ewing

Blue shipping containers in the foreground and cars stacked in a large structure in the background.

Car Companies Are Paying Tariffs So You Don’t Have To

But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.

By Jack Ewing

A white BYD electric vehicle on display at a car show, its hood and doors open as attendees examine the car.

Why Can’t the U.S. Build 5-Minute E.V. Chargers?

Chinese automakers have rolled out chargers that can mostly recharge a car’s battery in about five minutes. Yet U.S. technology lags far behind.

By Claire Brown

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