The Italian government is cutting funds to a Stellantis and Mercedes-Benz electric-vehicle battery plant after the project faced delays due to a slowdown in EV demand in Europe.
The Italian government is cutting funds to a Stellantis and Mercedes-Benz electric-vehicle battery plant after the project faced delays due to a slowdown in EV demand in Europe.
Auto parts became subject to a 25% tariff May 3. Automotive News breaks down how the new duty works.