Thursday, 1 May 2025

Focus on Manufacturing

FILE PHOTO: A Volkswagen ID.4 electric vehicle (EV) charges at an EV charging station inside a parking garage owned by the City of Baltimore, in Baltimore, Maryland, U.S., March 23, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingNewsRegulations

Automakers urge Trump to preserve EV tax credits, boost self-driving cars

Automakers urge Trump to retain EV tax credits, ease emissions rules, and support self-driving tech amid rising competition from China.

FILE PHOTO: Logo of Swedish carmaker Scania is displayed on a truck at the IAA truck show in Hanover, Germany, September 17, 2024. REUTERS/Fabian Bimmer/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsSemiconductor

Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal

Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.

Volkswagen workers staged a colourful protest against planned cost cuts (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Volkswagen workers head towards strikes from December

Volkswagen unions plan warning strikes from Dec. 1 as talks stall over factory closures and cost-cutting amid electric transition woes.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

Stellantis again pauses Italy plants as minister wants new investments

Stellantis pauses production at two Italian plants amid EV challenges, as Rome demands clear investment plans to secure jobs.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Stellantis unveils technology to support flexible EV production, delays Ram electric pickup

Stellantis unveils a versatile platform for gas, hybrid, and electric vehicles but delays electric Ram truck production to 2025, citing quality focus.

FILE PHOTO: A Volkswagen logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Volkswagen appoints former Rivian executive as head of American business

Volkswagen appoints Kjell Gruner as head of its American business, as the automaker faces a choppy electric transition and UAW negotiations.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal

Nippon is looking to close its $14.9 billion deal for U.S. Steel by the end of the year before President-elect Trump enters the...

FILE PHOTO: Wolfspeed CEO Gregg Lowe speaks during an event in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth

Chipmaker Wolfspeed ousts CEO Gregg Lowe amid EV demand slowdown; shares rise six per cent as company plans layoffs and factory closure.

FILE PHOTO: Stellantis CEO Carlos Tavares inaugurates the group's new electrified dual-clutch transmission (eDCT) assembly facility in the Mirafiori complex in Turin, Italy April 10, 2024 REUTERS/Massimo Pinca/ File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingNewsPoliticsRegulationsTrade

Stellantis CEO says will adapt to U.S. market under Trump

Stellantis CEO Tavares says firm will adapt to potential Trump policy shifts, offering U.S. models in electric, hybrid, and gas options.

A general view of the remote Northvolt facility in Skelleftea, Sweden surrounded by snow.
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Crisis-hit EV battery champion Northvolt struggles to hit production targets

Northvolt, a key player in Europe’s EV battery market, struggles with production, curtails output, and faces financial woes.

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