Stellantis said post-Brexit export rules and the lack of a domestic battery manufacturer could force it to close its plants in Britain.
From mines to refineries and factories, China began investing decades ago. Today, most of your electric car batteries are made in China and that’s unlikely to change soon.
A law to boost clean energy appears to be more potent than predicted, with big implications for both budget talks and efforts to fight climate change.
Sales increased from a year earlier, when the automaker was hampered by parts shortages.
Automakers are pouring money into research and development facilities, creating spaces intended for creativity and collaboration among design and engineering teams.
The decline over the first three months of 2022 was primarily the result of the short-term costs of job cuts and slower sales in China.
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Prime Minister Justin Trudeau said the assistance was needed to offset incentives offered by the United States.
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.