GM moves batteries home as Trump team hits Ford on China

📡 CNBC Top News · 1 min read ·
GM is bringing battery production to the United States. The company wants to build supply chains at home for electric vehicles (EVs) and energy storage. Today, most battery cells use raw materials from China. GM's plan aims to change that. The move comes as President Trump's Department of Transportation (DOT) attacks Ford for its ties to China.