Browsing: Manufacturing
Ebusco reduced its net loss by almost half in the first half of 2026 and recorded a positive gross margin…
General Motors is ending Chevrolet’s retail operations in China after nearly 21 years, while continuing to manufacture Chevrolet vehicles in…
BMW has completed a major upgrade of its Leipzig production plant ahead of the planned introduction of Neue Klasse vehicles,…
Li Shufu, founder and chairman of Geely Automobile, will step down as chief executive of the Chinese automaker on Aug.…
Lucid Motors has delayed the launch of its new mid-size electric vehicle platform until the second half of 2027 as…
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 Grünheide, 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 Northvolt’s 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…