Europe recently passed China as the world’s No. 1 market for electrified car sales, but it lags in building the most valuable component in those of vehicles: the battery.
Europe recently passed China as the world’s No. 1 market for electrified car sales, but it lags in building the most valuable component in those of vehicles: the battery.
The moves are an adjustment for many automakers and suppliers that were concerned about the tariffs. Some say the tariff revisions fall short of protecting suppliers.