The president of the European Commission, Ursula von der Leyen, said Tuesday her institution was drafting a new law targeting the region’s green industries.

Micron said it would hit its reduction target through voluntary departures as well as layoffs.

With new EVs and SUVs, the company’s Hyundai, Kia and Genesis brands are expected to capture nearly 11% of the U.S. new vehicle market this year.

The largest U.S. solar panel manufacturer is spending more than $1 billion on a new factory in Alabama.