Manufacturing

Nissan and Honda start merger talks

Nissan and Honda recently announced that they have signed a memorandum of understanding (MoU) to explore the possibility of a merger between the two companies. The discussions are centered around…

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Lasted Manufacturing

Trump says 25% tariffs on Canada and Mexico to arrive 1 February

President Donald Trump has followed through on his promise to impose 25% import tariffs on goods from Canada and Mexico,…

Scania, SKF, and LOTS Group launch Europe’s new battery electric truck route

Scania, SKF, and LOTS Group have collaborated to launch a new long-distance route for battery electric trucks in Europe, with…

Could Kia become bigger than Hyundai?

Kia Corporation had an eventful year in 2024, surpassing Hyundai in the Korean market for the first five months but…

BYD plans to complete $1bn Indonesia EV plant by year end-report

BYD, a Chinese electric vehicle manufacturer, is nearing the completion of its $1 billion production facility in Indonesia by the…

BMW in global EV battery partnership with SK Ecoplant

BMW Group has taken a significant step towards establishing a global EV battery recycling network by partnering with South Korea's…

KGM and Phinia to co-develop hydrogen engine

South Korean automaker KG Mobility Corporation (KGM) has recently announced a groundbreaking collaboration with Phinia Delphi France SA to develop…

Rivian secures $6.6bn DOE loan for Georgia EV manufacturing plant

Rivian has recently secured a loan agreement for up to $6.6 billion from the US Department of Energy’s Loan Programs…

Renault Group reports 1.3% increase in global sales for 2024

French auto giant Renault Group has reported a 1.3% increase in global sales volume for 2024, selling a total of…