Michigan Seeks Clawback From China Battery Firm After Plant Exit

Michigan Seeks Clawback From China Battery Firm After Plant Exit

  • January 30, 2026

Michigan has formally asked Chinese battery company Gotion to return $23.7 million in state funds after the firm abandoned plans to build a major electric vehicle battery materials plant in the state. The request follows the collapse of a $2.4 billion project announced

China’s Electric Vehicle Price War Enters a New Phase as Margins Come Under Pressure

China’s Electric Vehicle Price War Enters a New Phase as Margins Come Under Pressure

  • January 13, 2026

A turning point in China’s EV race China’s electric vehicle industry is entering a more complex phase after years of explosive growth driven by subsidies rapid innovation and fierce competition. What began as an aggressive price war to win market share is now