Hints and tips:
...Chart of the day Millions of people watched the total solar eclipse yesterday as it swept across Central and North America....
...That includes setting up factories and research centres in Europe and North America, as well as forming joint ventures with European and US companies....
...The climate law requires an increasing percentage of EV battery components to be manufactured and assembled in North America to be eligible for subsidies....
...components business....
...More than 70 per cent of construction groups reported difficulty finding workers, according to a survey from the Associated General Contractors of America....
...To qualify for the full credit, a vehicle must be assembled and source half the value of its battery components in North America....
...GM said: “Most of the parts we use in North America are already sourced in North America, and supply chain challenges over the past few years have reinforced the value of the resilience of our sourcing.”...
...Rivian has halted a deal to make electric vans with Mercedes-Benz in Europe as the start-up seeks to preserve cash reserves by focusing on existing production in North America in deteriorating economic conditions...
...President Joe Biden’s flagship climate legislation, the Inflation Reduction Act, offers generous tax credits to electric vehicles made in North America....
...One particular bugbear is a provision to restrict a $7,500 subsidy for purchases of electric vehicles to those substantially made with parts from North America and assembled there....
...Europe and North America still lag behind Asia in terms of the scale of fibre rollout....
...Tadanobu told investors in June that the company planned to triple or quadruple EV battery production capacity by 2028, boosting its output mainly in North America....
...material makers among scores of groups that could see US-bound shipments seized....
...He decided to go to the Massachusetts Institute of Technology in Cambridge to get a masters degree and then a PhD in mechanical engineering at the school’s Sloan Automotive Laboratory....
...“German business would be well advised to continue to open up new markets in the world, to invest in Asia, Africa, South and North America, so as to dilute the importance of China for the German economy,...
...So I thought it was worth having a chat with the person who oversaw the index change: Margaret Dorn, S&P Global’s head of ESG indices for North America....
...The company plans to launch a joint venture with automotive supplier Magna International in July to make components for electric vehicles....
...Germany’s Volkswagen has reduced output at sites in China, North America and Europe due to a lack of semiconductors, while Ford has idled some production in the US....
...Vietnam and Facebook have a symbiotic relationship, said Nguyen The Phuong, a research fellow at Vietnam National University’s Center for International Studies....
...Yet non-profits remain sceptical of efforts — notably by Japanese megabanks like Mizuho Financial Group, Sumitomo Mitsui Group and Mitsubishi UFJ Financial Group — and point out loopholes, including the...
...While supplying engines and other components to GM in North America, Honda will step up co-operation with the company in the development of EVs....
...The South Korean tech powerhouse was buoyed further by a decision in December to spin off part of its electric vehicle components business and set up a $1bn joint venture with Canadian group Magna International...
...However, a backlash from politicians and regulators in the US, India and some European countries such as the UK is now playing havoc with the international ambitions of China Inc....
...Myron Brilliant, head of international affairs at the US Chamber of Commerce, said the largest US business lobby group was watching the impact of the virus “on supply chains and on trade flows” through US...
...This requires that a share of car components be sourced in North America and that vehicles be made with a greater proportion of higher-wage labour....
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