Seven months after Washington unveiled tough curbs, Chinese companies are doubling down on homegrown supply chains and drawing billions in cash from Beijing and investors.
Category: Supply Chain
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U.S. Car Brands Will Benefit Most From Electric Vehicle Tax Breaks
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
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Automakers Face Test in Reaching U.S. Target for Electric Vehicles
New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.
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How AI and DNA Are Unlocking the Mysteries of Global Supply Chains
Firms are turning to advanced technologies to help answer a surprisingly tricky question: Where do products really come from?
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The Lure of the ‘Made in America’ Sales Pitch
The New York Times – Business:Geopolitics forced an entrepreneur, Taylor Shupe, to bring jobs back from China. It’s helping sell his meme-inspired socks too.
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Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.
The New York Times – Business:Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
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Rising Rate of Drug Shortages Is Framed as a National Security Threat
The New York Times – Business:A Senate homeland security committee examined growing health care shortages amid reports of rationing within hospitals.
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HelloFresh to Stop Buying Coconut Milk From Thailand Amid Claims of Monkey Labor
The New York Times – Business:The meal kit company’s decision follows an advocacy group’s report claiming that some monkeys in Thailand are forced to climb trees and pick the fruit.
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U.S. and Europe Angle for New Deal to Resolve Climate Spat
The New York Times – Business:American and European officials are trying to reach agreement on the outlines of a limited trade deal that could help resolve a major rift over America’s new climate legislation.
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Rivian Lost $6.8 Billion Last Year as Production Fell Short
The New York Times – Business:The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable.