Monopoly Monitor: U.K. antitrust regulator launches probe into OEM recycling practices
London, United Kingdom— European Union antitrust regulators raided several automotive companies and associations Tuesday on suspicion of breaching the bloc’s cartel rules, Reuters reports. Britain’s competition authority has also launched a probe. The Competition and Markets Authority (CMA), Britain’s competition watchdog, said on Tuesday it will be working alongside the European Commission to probe into […]
Bécancour’s Boost: Two automotive players announce battery materials facilities in Quebec
Bécancour, Québec — Bécancour is about to become a central hub for Canada’s electric vehicle supply chain as two major automotive players announce plans to break ground in the province. German chemical company BASF announced on March 5 that it had bought land for a vehicle battery materials facility in Bécancour, Qué., where it said it […]