Focus on Manufacturing
Canadian Solar to invest nearly $712 million project in Kentucky to make batteries used to store energy
A $712M battery plant by Canadian Solar in Shelbyville, KY will create 1,572 jobs, boosting energy security and grid reliability.
EV companies, battery makers urge Trump not to kill vehicle tax credits
Major EV manufacturers urge Trump to retain tax credits, warning cuts could hurt jobs in key states like Ohio and Michigan.
Northvolt has considered US bankruptcy protection, sources say
Northvolt has been discussing the possibility of bankruptcy protection in the United States as one of several options for the cash-strapped company to...
Applied Materials forecasts quarterly revenue below estimates on weak demand
Applied Materials projects Q1 revenue below forecasts amid weak demand outside AI chips, export curbs, and competitive pressures.
China’s Chery to delay Barcelona production start to Q4 2025, Spanish partner says
The Chery-Ebro venture said in April it would aim to produce up to 150,000 vehicles a year by 2029.
Rivian shares surge on $5.8 billion Volkswagen investment in JV
Rivian and Volkswagen's joint venture will integrate advanced electrical infrastructure and software for both companies' future EVs.
Siemens Energy raises mid-term outlook as turnaround gathers pace
Siemens Energy narrows Q4 losses, triples shares YTD, and raises 2028 profit outlook, driven by strong demand and order growth.
Rivian, Volkswagen Group launch $5.8 billion joint venture
Rivian and Volkswagen Group's $5.8B joint venture will merge EV software and architecture, targeting future electric models.
Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company
VinFast will receive $3.35B from founder Vuong and Vingroup by 2026 to expand globally and support break-even efforts.
Enphase Energy to lay off 17% of workforce
Enphase Energy will cut its global workforce by about 17 per cent, impacting about 500 employees and contractors, the solar inverter maker disclosed...
