In February, the White House said it was opening an investigation into whether Chinese cars pose a national security risk.

While welcome from a sustainability perspective, the shift to electric vehicles creates challenges for companies that supply traditional components and the original equipment manufacturers that rely on them.

Ford shared that it will be "retiming" its planned EV launches at its Ontario plant, while pivoting toward a focus on hybrid offerings. 

The Elon Musk-owned EV company handed over less than 387,000 cars in the first three months of 2024, down 8% year-over-year.

An EU investigation revealed the two companies fixed prices of medium and heavy-duty vehicles over 14 years, leading to large fines in 2016 and 2017.

The move is another step in Renault chief executive officer Luca de Meo’s efforts to boost local output at a time of transformation for the automotive industry.

Clean Freight Coalition (CFC) executive director Jim Mullen strongly criticized the standards, pointing to massively increased costs for truck operators.

The Biden Administration had immediately pledged to pay to rebuild the Key Bridge out of federal funds. 

Businesses in the U.S., Canada, and even South America have been bringing their supply chains closer to the consumer — that is, nearshoring — and Mexico has been the beneficiary. 

The smartphone company will look to challenge Tesla's status as one of China's most popular EV manufacturers.