The agreement between the UAW and Stellantis will see wages for most workers rise by 25% over the next four-and-a-half-years.

Fu Cong’s comments mark one of the strongest rebuttals yet by Beijing against the EU’s proactive approach to protecting its emerging green energy sector.

Sources said the union and Ford took part in intense negotiations on October 24 and 25 in order to get a deal finalized.

Honda and GM agreed to develop lower-priced EVs based on a joint new platform in April of 2022 with the hope of producing millions of cars by 2027.

The global demand for rubber is increasing. That’s a problem for all automotive manufacturers, but especially for electric vehicle producers.

America’s battery supply chain is still in development, but to ensure its resilience and reliability will call for best-in-class professionals.

Roughly 40% of suppliers said they have had to lay off some employees since the work stoppages started in September.

The UAW’s selective strike strategy has been successful in preserving its strike fund, which implies that the UAW can continue the current pace of strikes for 36 more weeks.

Under the rule, which will be enforced starting December 1, exporters will have to apply for permits to ship two different types of graphite.

The National Infrastructure Commission asked the government to invest over $26.7 billion in public transportation systems in Manchester, Leeds, Bristol and Birmingham.