Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) slammed a proposal by Democrats in the United States House of Representatives to give union-made electric automobiles in the United States an additional $4,500 tax break on Saturday.
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The chief executive of SK Siltron’s U.S. subsidiary told Reuters that it plans to invest US$300 million in Michigan to expand its silicon carbide wafer manufacturing and add 150 jobs to support the production of electric vehicles in the United States
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Vauxhall Motor’s ;parent company Stellantis has confirmed a £100 million investment plan that will secure thousands of jobs in its Ellesmere Port plant and throughout the UK’s supply chain.
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