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Tesla’s famous Nevada Gigafactory has been under construction for three years but it has only been completed 30 percent. It is one of the key strategic assets for Tesla to secure battery cell supply. In fact, some of the space in the Gigafactory was reserved…
An electric vehicle (EV) factory planned by the Chinese automaking group Geely will produce cars under the premium Polestar marque, two people with direct knowledge of the matter told Reuters on Monday. Zhejiang Geely Holding Group Co Ltd plans to build a…
Another factory falls victim to a global pandemic. As the coronavirus begins spreading rapidly in Latin America, Samsung has decided to shut down its factory in Manaus, Brazil. The measure is temporary and comes after the Brazilian government called out for…
We have been hearing news about different factories’ production struggles over the coronavirus outbreak for almost two months now. Unfortunately, on Saturday, Samsung temporarily closed one factory in South Korea over a confirmed case of the coronavirus,…
Tesla is known to make outrageous electric vehicles and we mean outrageous in a good way. The US-based electric vehicle manufacturer recently showcased the Cybertruck which is a piece of work and has divided opinions about its design, though no doubt, it is a…
Tesla will build its first European factory and design center near Berlin, giving the U.S. electric car pioneer the coveted “Made in Germany” label just as local rivals Audi, BMW and Mercedes prepare to launch competing cars. Tesla Chief Executive Elon Musk…
Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground. Volkswagen is…
Tesla Inc was added to a government list of approved automotive manufacturers, China’s industry ministry said on Thursday, as it granted the electric-vehicle maker a certificate it needs to start production in the country. The list was published by the…
Stop us if you’ve heard this before. President Donald Trump said that Apple will follow his wishes by opening a U.S. factory in Texas. The president’s comments were made the same day that he disseminated a tweet saying that he would not grant the tech giant a…
Nokia is showcasing the second generation of the vendor’s Factory in a Box container solution at the 5G Arena during Hannover Messe 2019 in Germany. Factory in a Box 2.0 is designed to demonstrate how industry 4.0 solutions for manufacturers can be packed,…
The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed. Late on…
Renault Samsung Motors and its labor union once again failed to reach a consensus on 2018 wages after negotiations fell through for a 14th time on Tuesday. Renault Samsung is the only domestic automaker that has still not clinched a wage deal for last year. A…
Truong Hai Auto Corporation (THACO) is planning to issue more than 30.3 million shares to a strategic shareholder. The company is currently collecting shareholders’ opinions on a draft resolution to authorize a private placement worth an estimated total of…
Mercedes-Benz outsold local carmakers in Korea to finish fourth in domestic sales in January, industry data showed Monday. The Korean unit of the German automaker sold 5,796 vehicles last month, equal to 4 percent of the total 114,632 vehicles. The sum places…
Korea’s auto production tumbled for a third consecutive year in 2018 amid weaker domestic and global demand, data showed Sunday. According to the data by the Korea Automobile Manufacturers Association (KAMA), Korea produced 4.03 million vehicles last year,…
Shiseido Company, Limited has decided to build a new production site, Shiseido Kyushu Fukuoka Factory in Kurume City, Fukuoka Prefecture, Japan. The new factory, which is slated to start its operation in fiscal 2021, will mainly manufacture skincare products…
