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...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
...Last week three members of Congress introduced a bill that would delay the IRA’s requirement for North American supply chains by three years, since many US carmakers will struggle to make the necessary changes...
...“The American ones [producers] seem to struggle to bring good electric vehicles [to market].”...
...“The urgency of reopening these crossings and restoring rail service between the two nations cannot be overstated,” said Ian Jefferies, chief executive of the Association of American Railroads....
...Nor did it file in Delaware, where most of its entities are incorporated....
...Ford dominates the North American pick-up market so its chief executive was curious to look at the competition....
...New deal prosperity Car manufacturing holds a particular place in the American imagination....
...An automobile recall specialist is able to quit his job after successfully monetising his side hustle....
...“Singapore’s [land] will not grow bigger over time,” Wee Seng Ang, the Singapore Semiconductor Industry Association’s executive director, told Nikkei Asia....
...South Korean EV battery makers are scaling back North American investments and laying off workers amid sluggish US demand....
...“This is a great time to be an airline pilot and a unionised employee,” said Jason Ambrosi, a Delta captain and the president of the Air Line Pilots Association union....
...SoftBank declined to comment as did a representative for IRL, which remains incorporated in Delaware for legal reasons....
...For many inside the cars, too, the association of individualism with driving proves lethal....
...The UK-US negotiations will focus on allowing UK minerals to receive tax credits when featured in American-built vehicles....
...And the share of Americans who say they are “very unlikely” to buy an EV is rising. If this is the wave of the future, there are choppy seas ahead....
...The requirement would be one strand in a broad-based set of policies under President Joe Biden aimed at boosting American manufacturing and cutting reliance on China for manufacturing and technology....
...The trade unions, including United Auto Workers, International Association of Machinists and Aerospace Workers, United Steelworkers, backed by AFL-CIO, have all written to the White House demanding that...
...The decline in the headline rate is expected to have been driven by weaker energy prices, Bank of America analysts argued, citing data from the American Automobile Association....
...In August of 2022 they stood at about $4, according to the American Automobile Association....
...Since the IRA’s passage at least 20 new or expanded clean energy manufacturing plants have been announced in the US, according to the American Clean Power Association....
...However, the requirement for anyone dealing with any foreign government or other entity incorporated outside the UK to register with the scheme has caused alarm....
...According to the American Automobile Association, the average petrol price in the US was $3.1 per gallon this week, lower than its level of $3.6 per gallon a month ago and even lower than $3.2 per gallon...
...“Big industrial investments have been built and abandoned before, leaving behind decay and destruction; just think of the American Rust Belt,” Gondola says....
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