Ford Motor said it would open a new plant in Michigan that could become ineligible for federal incentives under a policy bill championed by President Trump and passed by the House.
BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric vehicles from China.
Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China and the proposed rollback of tax credits.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
Already suffering from steep declines in sales and profit, the carmaker could now face the president’s wrath.
In Cedartown, Ga., a solar recycling company’s plan to hire 1,200 people could be upended by Republicans in Congress.
The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the Trump administration.
Domestic factories that make batteries to store power to meet America’s rising energy demand depend on Chinese components and federal subsidies.
The measure, passed by the House, would roll back incentives for people to buy electric vehicles and for automakers to make them in the U.S.