production

"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...

Hankook started the expansion of its European production plant in Rácalmás, Hungary. The building phase, which is scheduled for completion in 2027, will culminate in a new production line for truck and bus tyres at the site, with a capacity of up to 800,000 units per year.

According to Isuzu, the new production plant is expected to employ more than 700 people, with an annual production capacity of approximately 50,000 vehicles by 2030. The Japanese company's will is to produce both electric commercial vehicles and ICE commercial vehicles at the premises to be opened i...

The Luton plant was supposed to produce the fully electric Vauxhall Vivaro Electric, Opel Vivaro Electric, Peugeot E-Expert, Citroën ë-Dispatch and Fiat Professional E-Scudo in both right and left-hand drive. The plant will be closed by Q2, 2025.

Upon installation of new assets, which were recently delivered on January 27, this year, the Company’s Fullerton facility will have the following battery production lines and testing capabilities. Mullen had already purchased the assets that belonged to Romeo Power, in turn acquired by Nikola a few ...

In November 2023, Stellantis and CATL signed a non-binding MOU for the local supply of LFP battery cells and modules for electric vehicle production in Europe and established a long-term collaboration on two strategic fronts: creating a bold technology roadmap to support Stellantis’ advanced battery...