General Motors has gone from market leader to also-ran in the world’s largest car market, stymied by its own missteps and Chinese policies that favored its local rivals.
Trump will face a new China this time, one whose advanced manufacturing muscles have exploded in size, sophistication and quantity.
The Energy Department’s $400 billion program to support electric vehicles, batteries and other low emissions technology is hustling to get money out the door.
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
From electric cars to solar panels, Mr. Musk has built businesses in high-tech manufacturing sectors now targeted by Beijing for Chinese dominance.
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.