Does Trump’s retreat on electric vehicle policy risk ceding ground to China?

US President Donald Trump’s administration announced on Wednesday that it would rescind a rule rewarding electric vehicle production – eliminating the so-called “fuel content factor” – the latest in a series of actions rolling back federal support for EVs that analysts say could leave the US further behind in a global race increasingly shifting in China’s favour. The move comes as the US struggles to compete with China’s rapid growth in the EV sector, marking another setback for America’s...