The country’s trade with Russia this year has exceeded $200 billion, and makers of cars and trucks are the big winners.
Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Federal regulators said the automaker had not done enough to make sure that drivers were paying attention while using Autopilot.
Under pressure from federal regulators, the company has agreed to recall two million cars to update its driver-assistance system. The cars will be updated over cellular networks.
The automaker began issuing software updates on Tuesday following a lengthy investigation by National Highway Traffic Safety Administration.
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.