Focus on Manufacturing
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
The judge ordered Nikola founder Trevor Milton, convicted of fraud, to pay $167.7M for misleading statements about the company.
Europe’s largest tech firm ASML needs licence to service some equipment in China: Dutch govt
The Dutch government clarified that ASML needs a license for servicing chipmaking tools sold to China, expanding restrictions to more machines.
Crisis-hit Volkswagen scraps German job protection deal
Volkswagen ends a decades-old job protection deal in Germany to cut costs, facing union pushback over potential layoffs.
Beyond passenger cars: Clean Energy Canada on how to jumpstart commercial electric vehicles
Canada lags in adopting zero-emission trucks and buses, which account for 37% of transport emissions: Clean Energy Canada
Canada’s Unifor, GM start contract talks for CAMI assembly plant
General Motors and Unifor Local 88 begin talks for a new contract for 1,300 CAMI plant workers, with a strike looming.
US arrests laser tech salesman for illegal exports to Russia
Ex-salesman arrested for allegedly conspiring to evade U.S. export laws to sell laser equipment to Russian nuclear firm.
Battery maker Northvolt to cut jobs, slash operations
Northvolt is scaling back operations and cutting jobs to focus on its main gigafactory, citing financial struggles amid a challenging market.
China to include steel, cement and aluminium in its carbon market
Plan to include new sectors in China's carbon markets will see emissions trading cover 60% of the country's total greenhouse gas production.
China, price cuts and costs: The fuel driving Volkswagen’s crisis
Volkswagen warns of accelerating competition from China, cutting its cost-cutting timeline and considering plant closures.
Toyota, Nissan to expand Japan’s battery production capacity, Nikkei reports
Toyota, Nissan, and others, backed by government support, will boost Japan's storage battery production by 50% with a 1 trillion yen investment.
