BEIJING/SHANGHAI -- China raised its 2025 sales target for electrified cars as the government tries to spur an industry that is showing signs of slowing down.
BEIJING/SHANGHAI -- China raised its 2025 sales target for electrified cars as the government tries to spur an industry that is showing signs of slowing down.
The sweeping belt-tightening effort will involve hundreds of job cuts in the U.S. and factory consolidation in Mexico.