Tuesday, 27 May 2025

Focus on Manufacturing

FILE PHOTO: The logo of Vietnam's VinFast, a fledgling electric vehicle (EV) maker, is pictured in a sales location at a shopping mall in Santa Monica, California, U.S., May 23, 2022. Picture taken May 23, 2022. REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Vietnam’s VinFast delays US electric car plant amid market slowdown

VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 amid uncertainties in the global EV market.

FILE PHOTO: The logo of SK On is pictured at its EV battery factory in Seosan, South Korea, October 19, 2023.  REUTERS/Kim Hong-Ji/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

South Korea’s SK On in talks to supply prismatic EV batteries as it seeks turnaround

SK On, expanding from pouch to prismatic batteries, seeks deals with automakers to diversify its product portfolio.

Archer's Midnight electric air taxi, part of joint ventures with Stellantis and Southwest (Stellantis N.V.)
AviationBusinessElectric Vehicles (EVs)IndustryManufacturingNewsPublic TransitTransport

US carrier Southwest Airlines unveils electric air taxi venture

The airline plans to jointly develop a fleet of electric air taxis to serve the California market with Archer Aviation.

FILE PHOTO: Volkswagen logo is illuminated on a production line for the Golf VIII and Tiguan cars at the VW headquarters in Wolfsburg, Germany May 23, 2024. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTransport

Volkswagen, QuantumScape strike deal on solid-state batteries

VW solid-state batteries project involves working with the US startup to produce 40GWh per year.

FILE - President Joe Biden drives a Cadillac Lyriq through the showroom during a tour at the Detroit Auto Show, Sept. 14, 2022, in Detroit. The Biden administration is awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing and assembly sites in eight states, including the presidential battlegrounds of Michigan, Pennsylvania and Georgia. Grants totaling $1.7 billion will be issued by the Energy Department to create or retain thousands of union jobs and support auto-based communities that have long driven the U.S. economy, the White House said Thursday, July 11, 2024. (AP Photo/Evan Vucci, File)
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsPoliticsTransport

Biden awards $1.7 billion to boost EV manufacturing and assembly in eight states

American EV grants aim to restart or expand manufacturing and assembly in eight states, covering SUVs, school buses, truck batteries and more.

FILE PHOTO: Electric cars of Zeekr, a premium brand owned by Chinese automaker Geely, are on display at the Frank-Auto dealership in Moscow, Russia June 14, 2024. REUTERS/Yulia Morozova/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNewsPoliticsRegulationsTrade

Payment problems stifle Russian imports of Chinese cars

Moscow and Beijing use smaller banks to avoid delays, but smaller importers face bounced payments, impacting both countries' trade.

FILE PHOTO: An (LFP) battery pack for the Ford Mustang-Mack E is displayed during the Ford Motor Company announcement that it will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan U.S., February 13, 2023.   REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Michigan lowers incentives for Ford EV battery plant to match reduced output

Ford Motor is receiving a reduced incentive package from Michigan for its battery plant in Marshall, cutting expected production to align with EV...

AnalysisBusinessEconomyElectric Vehicles (EVs)ElectricityManufacturingPoliticsReportsSolarTradeWind

Analysis: China’s success in clean energy innovation driven by more than subsidies

The focus on state subsidies as the primary reason for China's success in electric vehicles and other clean energy industries is overly simplistic,...

China's electric vehicle giant BYD will open a factory in Turkey (AFP)
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTradeTransport

China’s BYD to open electric car plant in Turkey

BYD Turkey factory plan puts Chinese EV maker in a country with beneficial access to the EU after the bloc hit industry with...

FILE PHOTO: Machines are seen on a battery tray assembly line during a tour at the opening of a Mercedes-Benz electric vehicle battery factory in Woodstock, Alabama, U.S., March 15, 2022. REUTERS/Elijah Nouvelage/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTransport

Mercedes-Benz slows battery plans amid lower EV demand

Mercedes-Benz eCampus will develop new technologies for EV batteries and test them in bid to boost energy density.

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