Canadian-owned Minth Group says it’s a $300 million investment meant to support the company’s growing demand for aluminum, steel, and plastic components for electric and hybrid vehicle battery trays,
Even the most red-white-and-blue EVs come loaded with foreign auto parts—and that's a ticking tariff timebomb.
President Donald Trump's recent implementation of a 25% tariff on imported vehicles and auto parts could have significant repercussions for the EV industry.
President Donald Trump said he'll be rolling out reciprocal tariffs. Here's what that means for the U.S. and its trading partners.
The market has reacted. GM EV sales are up 94%, pacing to secure the company's place as the second-biggest EV company in America. But there's a big, big asterisk on that claim. The company is crushing it with EVs, but its two volume sellers are made in Mexico.
Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars are already reverberating around the globe.
The list includes engines, transmissions, lithium-ion batteries and other major components, along with less expensive parts including tires.
Trump slapped dozens of countries with broad tariffs. They'll impact goods the US imports from major trading partners like China and the EU.