Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would make production changes and cut 5% of the…
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plant
China’s CATL seeks US$1 billion loan for Indonesia plant expansion
The company has said that it expects to see little impact from the tariffs the Trump administration has imposed on China because the company’s US exposure is “quite small”. …
BYD breaks ground on Cambodia EV plant as part of global expansion
CHINESE carmaker BYD has broken ground on a US$32 million passenger electric vehicle (EV) plant in Cambodia, marking its latest move to localise production as part of a broader global…
TSMC starts building third Arizona plant as US tariffs loom
The CEO says that the third and fourth plants will use its most advanced N2 and A16 process technologies and the fifth and sixth plants will use even more advanced technologies …
Vietnam’s VinFast to open India factory on Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028 Vietnamese electric vehicle maker VinFast Auto is pushing expansion into…
Boeing jet departs China delivery plant as US tariffs bite
A Boeing jet that arrived at a completion plant near Shanghai last month appeared to be returning to Seattle, flight tracking data showed on Friday (Apr 18), in a sign that at least one…
AMD set to produce its CPU chip at TSMC plant in Arizona
Trump administration is currently investigating whether imports of semiconductors threaten national security, which could be a precursor to slapping tariffs on those products Advanced…
Toyota is backing LG battery plant with US$1.5 billion order
TOYOTA Motor has agreed to shift a US$1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors (GM) backed out of the project,…
GM closing plant in China as part of restructuring
GM is restructuring its business in China, where domestic manufacturers backed by government subsidies have taken over the market GENERAL Motors (GM) is closing a plant this month in the…
Indonesia says UAE’s Emirates Global Aluminium plans nuclear power plant
UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said in a…
China’s coal plant boom is undercutting clean energy push
Long-term coal-power contracts are also reinforcing the fuel’s dominance at the expense of renewables CHINA embarked last year on its biggest coal-power building boom in a decade,…
AstraZeneca cancels UK plant after subsidies cut
BRITISH pharmaceutical giant AstraZeneca said on Friday (Jan 31) that it was abandoning plans to build a £450 million (S$756.9 million) vaccine plant, a major blow to the Labour…
2-GW Gas-Fired Plant With GE Vernova Turbines Now Online in China
GE Vernova and Harbin Electric said a 2-GW natural gas-fired power plant has entered commercial operation in China, providing power to that country’s most-populated province. The companies…
PacificLight to build hydrogen-ready power plant by 2029
PACIFICLIGHT Power has been awarded the right to build, own and operate a hydrogen-ready combined cycle gas turbine (CCGT) on Jurong Island by the Energy Market Authority (EMA). This…
Second Unit of South Africa Nuclear Plant Back Online After Major Maintenance
Eskom, South Africa’s major utility, said the second unit of the Koeberg nuclear power plant in that country was reconnected to the national grid after a major maintenance project. Eskom…
Mysterious "alien plant" revealed to belong to extinct family
A "strange" prehistoric plant species is the lone representative of a mysterious group of organisms that no longer exists, scientists have discovered. The first evidence of the species—in…
After long delay, French nuclear plant coming on stream
France's flagship nuclear reactor at Flamanville in Normandy will finally enter service on Friday after a dozen years of delay, operator EDF said Wednesday. The energy operator said the…
RIO & BHP to Build Electric Smelting Furnace Plant to Lower Emissions
Rio Tinto RIO has joined forces with BHP Group BHP and BlueScope to develop Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant in Western Australia. The BHP-RIO…
Stellantis and CATL to invest €4.1 bn in joint Spanish battery plant
The Stellantis logo pictured on a banner outside the Opel plant in Eisenach. Martin Schutt/ZB/dpa The multinational car maker Stellantis and the Chinese battery giant CATL are to invest up…
EXCLUSIVE: Crown And 529 Capital To Co-Build and Co-Own Reverse Osmosis Plant in Mexico
EXCLUSIVE: Crown And 529 Capital To Co-Build and Co-Own Reverse Osmosis Plant in Mexico On Monday, Crown Electrokinetics Corp (NASDAQ:CRKN) announced that its Water Solutions division…
Report: German carmaker VW to sell plant in China's Nanjing
The lettering of the Volkswagen Group in China can be seen on the facade of a building. VW has sold its controversial plant in Xinjiang, which the Wolfsburg-based company had operated with…
NXP, TSMC affiliate plan to expand US$7.8 billion Singapore plant
NXP Semiconductors and a Taiwan Semiconductor Manufacturing Co (TSMC) affiliate are discussing an expansion of their US$7.8 billion Singapore venture, recognising a need to diversify chip…
Microchip says it will shut Arizona plant, updates outlook
MICROCHIP Technology, a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona, affecting about 500 employees. The company also said…
Rivian wins approval for US$6.6 billion loan for Georgia plant
RIVIAN Automotive won preliminary approval for a US$6.6 billion federal loan that will help support the construction of its delayed Georgia electric vehicle (EV) plant. The factory will…