The DetroitBig Three -- General Motors, Ford and Stellantis -- have ... Stellantis is unloading its stake in a battery-making business after booking the largest EV-related charge of any automaker so far.
The Detroit automakers have been competing against Chinese EVs in markets such as Europe, China and the United Kingdom for years now ... The Detroit Three already are nervous about the potential competition with Chinese automakers even as U.S.
The last thing the Detroit automakers want is a ... So news of progress in the talks between the Dutch and Chinese governments was a welcome respite to Detroit automakers, though they remain cautious.
It also pushes the Detroit Three automakers' billions of dollars in remaining tax credits out of the Michigan Economic GrowthAuthority (MEGA) and into a new 10-year plan to pay out taxpayer subsidies promised during the Granholm administration.