Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.
Some firms argue that a law aimed at popularizing electric vehicles risks turning the United States into an assembly shop for Chinese-made technology.
China and the U.S. both gained from their economic integration. As they pull apart, each is finding it will be hard to fully replace the other.
America needs to invest in mining and build resilient supply chains for the building blocks of electric batteries.
The European Commission president, Ursula von der Leyen, announced the inquiry amid growing concern about China’s dominance over electric vehicles.
Even as China’s other exports falter, its carmakers are seeing big increases in overseas sales, mainly for gasoline-powered models.
Much of the world’s economic fate hangs on the speed and scale of the green transition.
The fate of Indonesia’s unrivaled stocks of nickel — a critical mineral used to make batteries for electric vehicles — is caught in the conflict between the United States and China.