The world’s biggest automotive markets are in fight-or-flight mode right now. While China is pushing forward with EVs, the U.S. has all but pulled federal support for them. And then there’s Europe, which is caught in the center of a global tug-of-war between outright banning gas cars and admitting defeat to the Chinese EV market and silently letting it take hold. It’s all coming to a head—very soon. Welcome back to Critical Materials, your daily roundup for all things electric and tech in the automotive space. Also on deck: EVs are already selling more slowly since the tax credit disappeared, and Uber’s EV incentives for drivers are being clawed back. Let’s jump in.
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