The push for electric vehicles in the U.S. is accelerating, but the global auto industry is shifting toward more localized production, according to a top executive. Concerns over supply chain disruptions and rising costs have led manufacturers to prioritize regional manufacturing over cross-border operations. The transition to EVs is reshaping how cars are designed, built, and distributed, with implications for both consumers and automakers. Industry leaders are weighing the balance between meeting sustainability goals and maintaining operational efficiency in a fragmented market.
U.S. moves toward electric vehicles, but auto industry is becoming more regional, Stellantis CEO says marketscreener.com
