Browsing Tag
S&P Global Mobility
2 posts
Chinese EV makers circle Europe’s idle car plants as Brussels weighs a 70% local content rule
BYD, Leapmotor, Chery and SAIC are absorbing Europe's surplus auto capacity as Brussels prepares a 70 percent local content rule for Chinese-built EVs.
Korean battery makers pivot to grid storage as US BEV sales collapse
LG Energy Solution, Samsung SDI and SK On are converting US EV battery plants to grid storage as the American BEV market contracts sharply after federal tax credits expired.