The federal electric vehicle (EV) tax credit expires at midnight, ending a 17-year policy pillar that helped close the price gap with gasoline vehicles and turbocharged adoption; the immediate fallout is likely softer demand, leaner EV production, and a strategic pivot by legacy automakers toward hybrids and profitable ICE (internal combustion engine) nameplates, while stopgap leasing workarounds cushion some of the blow. The end of the subsidy is a structural shock already rippling upstream: Battery make ...

Joby Aviation, Inc. JOBY stock was flying high on Monday after the company recently announced two bold moves: an acquisition and a partnership with a major defense contractor. JOBY stock is on the move. See the real-time price here. What To Know: On Monday, Joby announced it will acquire the passenger business of Blade Air Mobility, Inc. BLDE for up to $125 million. Blade is known for its urban helicopter ride-share service, especially in New York and Southern Europe, and handled over 50,000 passengers in 2 ...