For decades, Democrats have countered opposition to "job-killing" environmental regulation by saying combatting climate change would create well-paying new jobs. President Biden is betting on it.
The president is hoping to make electric vehicles more affordable to turn a niche product into one with mass appeal.
The German carmaker outlined ambitious goals to build battery factories as it ties its fate to electric cars.
A series of announcements has not only reversed the decline of Canada’s auto industry, but has also set it on the path to electrification.
Nio can tap an extensive supply chain that Beijing has built to achieve its dream of dominating the manufacture of electric cars.
Carmakers, government agencies and investors are pouring money into battery research in a global race to profit from emission-free electric cars.
With government support and lavish subsidies, Chinese companies have come to dominate the market for batteries, motors and other essentials Detroit may need for its new fleets.
Lacking a strong domestic battery industry, Britain may be left behind by the shift to electric cars.
Rivian, which has raised another $2.65 billion, plans to sell a pickup truck and S.U.V. it has worked on for more than a decade.
