The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
The $3.6 billion investment, which also includes a new battery factory, presents a challenge to traditional truck makers that have been slow to sell electric vehicles.
The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.
The company’s rapid growth is expected to ease as the economy slows and demand for its electric cars weakens.
Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.
Many companies and investors are eager to recycle batteries but it could take a decade or more before enough used lithium-ion batteries become available.
The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.