makers

For Electric Vehicle Makers, Winners and Losers in Climate Bill

The climate and energy package approved by Congress on Friday aims to achieve two goals that are not always compatible: Make electric vehicles more affordable while freezing China out of the supply chain.Auto industry representatives have been griping that the proposed $7,500 tax credits for electric vehicle buyers come with so many strings attached that …

For Electric Vehicle Makers, Winners and Losers in Climate Bill Read More »

U.S. considers crackdown on memory chip makers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies.If President Joe Biden’s administration …

U.S. considers crackdown on memory chip makers in China Read More »