Browsing: Manufacturing
Tesla Chief Executive Officer Elon Musk has denied reports that the company is considering separating its China business, dismissing the…
Tesla is reportedly considering separating its China business as part of preparations for a potential merger with SpaceX, according to…
Porsche AG has reached an agreement with its general works council on a broad restructuring program that will eliminate an…
Tesla’s manufacturing facility in Grรผnheide, Germany, reported higher net profit for the 2025 fiscal year despite declines in both vehicle…
Volkswagen Group Chief Executive Oliver Blume is facing growing opposition to a proposed restructuring plan after the company’s Supervisory Board…
BMW Group has completed its US$1.7 billion investment in South Carolina, marking a major milestone in the company’s U.S. electrification…
Isuzu Motors has secured a US$283 million loan to finance construction of its new production facility in South Carolina, with…
Porsche is considering relocating production of all Cayenne models from its manufacturing facility in Bratislava, Slovakia, to its plant in…
Tesla plans to increase production at its Gigafactory Berlin-Brandenburg, targeting weekly output of 7,500 Model Y vehicles by October as…
Energy Fuels has agreed to acquire German magnet manufacturer Vacuumschmelze (VAC) in a transaction valued at approximately $1.9 billion, creating…
African electric mobility company Spiro has completed its latest funding round at $270 million following a $55 million investment from…
U.S. battery technology company Lyten is close to acquiring Northvoltโs unfinished battery factory site in Heide, northern Germany, after reaching…
Chinese battery manufacturer Eve Energy expects its profit to more than double in the first half of 2026, driven by…
General Motors and Redwood Materials have expanded their battery collaboration with a new second-life energy storage project in Michigan that…
Cyngn said its autonomous vehicle commercial pipeline now spans nine industry verticals, 35 U.S. states, and international markets, reflecting growing…
A proposed US requirement mandating that vehicles produced within the North American trade zone contain at least 50% US-made components…
Spiro Raises $215 Million to Expand Electric Mobility and Battery-Swapping Network Across Africa
African electric mobility company Spiro has raised $215 million in an equity financing round to accelerate the expansion of its…
African electric mobility company Spiro has acquired motorcycle engineering specialist Coexlion as part of its strategy to strengthen product development…
France has indicated it is open to discussions on including the United Kingdom in the European Union’s proposed “Made in…
Ford and SK On Restructure U.S. Battery Partnership as Ford Shifts Kentucky Plant to Energy Storage
Ford Motor and SK On are restructuring part of their North American battery partnership as Ford pivots toward energy storage…