Las subvenciones a la industria y la debilidad de las ventas al interior de China han preparado el terreno para un auge de las exportaciones del país, lo que hace temer la pérdida de puestos de trabajo en fábricas de otras partes del mundo.
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.
Ford, General Motors and others are striking deals with mining companies to avoid raw material shortages that could thwart their electric vehicle ambitions.
The electric car company, which operates the country’s most extensive charging network, struck a similar deal with Ford Motor recently.
The project also illustrates how difficult it is to get lithium out of the ground and break China’s dominance in processing the metal and turning it into batteries.
President Biden promoted the $900 million investment in electric vehicles at the North American International Auto Show in Detroit.
The new climate, tax and health law signed by President Biden extends a credit for electric vehicle buyers. But there are new strings attached that kick in at different times.
How, where, when, and to what degree electric cars will increase their share of the world's billion-plus vehicle fleet is a topic of much debate these days. Combined with autonomy, connectivity, and sharing, the growing electrification of personal vehicles is a major transition for carmakers old and new. Now, with governments increasingly focused...
