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Hong Kong is in discussions with multiple Chinese electric vehicle (EV) manufacturers to establish local production facilities, according to industry sources. The move signals an effort by the city to…
Mercedes-Benz Chief Technology Officer Markus Schäfer has called on the United States and European Union to expedite negotiations on a trade agreement aimed at reducing auto tariffs. Schäfer emphasized that…
Rheinmetall has inaugurated a new ammunition factory in Lower Saxony, Germany, marking the opening of Europe’s largest facility of its kind. The ceremony was attended by notable figures including NATO…
Nvidia has reportedly issued a directive for component suppliers to halt production related to its H20 AI chip, according to The Information. The decision was communicated to suppliers such as…
Foxconn has announced plans to operate a manufacturing facility in the United States, taking over management of a factory owned by SoftBank. This development marks a strategic move for Foxconn,…
Manufacturers across Southeast Asia are displaying the most pessimistic outlook on future growth since the height of the COVID-19 pandemic, according to the latest industry survey. Despite a modest uptick…
South African President Cyril Ramaphosa has announced ambitious plans to position South Africa as a major player in the global new-energy vehicle (NEV) industry. During a recent speech, he emphasized…
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