EVs

The goal: Make buying an electric vehicle more attractive and simpler.

The EU has opened a formal investigation and could impose penalties to "level the playing field," while China decries that step as "naked protectionism." European automakers are hoping to avoid the fate of Europe’s solar industry a decade ago, when it was mostly wiped out by low cost Chinese competitors.

So far, the UAW is holding a limited strike at three plants across three states.

With electric vehicles becoming more common, some states, like Texas, are levying flat fees to make up the shortfall.

GM announced in April they would end production on the affordable electric vehicle, but the company changed course this week, citing strong sales and customer loyalty.

As companies announce price cuts on their electric vehicles, they hope to encourage more customers to shell out.

The industry may need to cut costs to bring down stickier prices.

If the carmaker is successful, it could revolutionize the electric vehicle industry and Toyota's place in it.

The government is lending $9.2 billion to Ford and a Korean partner to build electric vehicle battery factories in Kentucky and Tennessee.

China’s investment in lithium refining and other aspects of EV battery production is years ahead of the rest of the world.