When the European Union launched a probe into Chinese support for electric vehicles, the bloc’s carmakers braced for painful retaliation from the increasingly assertive superpower.
When the European Union launched a probe into Chinese support for electric vehicles, the bloc’s carmakers braced for painful retaliation from the increasingly assertive superpower.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.