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Nikola in need of new source of money to continue its business

Media reports say that the manufacturer has got the money to survive no longer than one quarter in 2025. Nikola managed to sell something like 200 hydrogen fuel cell trucks in the first 3 quarters of the year. At the same time, the company has been facing trouble for quite a long time, with the need...
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production

Canoo to acquire Arrival advanced manufacturing assets

The advanced manufacturing assets include equipment supporting cabin production processes such as robots, dispensing systems, advance control equipment, PLC controllers and equipment supporting general assembly capacity expansion such as advanced safety equipment, manipulators, high-tech dynamic veh...

Inside Forsee Power’s battery production plant in Poitiers (France)

Situated on a brownfield investment dated 2018, the facility was previously used as a diesel engine piston plant. The industrial site spans 10,000 square meters for production, with an additional 2,500 square meters dedicated to components and 2,000 square meters for shipping operations. Forsee Powe...

Stellantis will produce electric vans in Luton, UK, from 2025

The Luton plant will 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 manufacture predominantly for the UK Right Hand Drive market.
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