Monopoly Monitor: U.K. antitrust regulator launches probe into OEM recycling practices
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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
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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 […]