Atlanta — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told the Associated Press. Rivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging… Continue reading Rivian to announce $5 billion electric truck plant in Georgia
Tag: Mitsubishi
Toyota Material Handling Announces CEO Retirement and Succession Plan
“On behalf of the entire Toyota family, we would like to thank Jeff for his leadership and impact during his 10 years with the company,” said Brett Wood, President and CEO of Toyota Material Handling North America and Senior Executive Officer of Toyota Industries Corporation (TICO). “Jeff led TMH through some of the largest, most transformational challenges… Continue reading Toyota Material Handling Announces CEO Retirement and Succession Plan
Bangladesh, Sri Lanka, Nepal and Bhutan Automotive Industry Outlook to 2025-Increase in Consumer Spending Albeit Import Restrictions in the Economy will drive Growth of Automotive Sector: Ken Research
GURUGRAM, India, Dec. 14, 2021 /PRNewswire/ — Nepal News Key Findings Bagmati and Lumbini are the leading regions in Nepal representing lion’s share of sales in Automotive Industry. In 2019, the country was hit with a nationwide lockdown due to COVID and this was implemented in the peak sales season. Trends driving the Automotive Industry… Continue reading Bangladesh, Sri Lanka, Nepal and Bhutan Automotive Industry Outlook to 2025-Increase in Consumer Spending Albeit Import Restrictions in the Economy will drive Growth of Automotive Sector: Ken Research
Intelligent Asia 2021 Online Expo runs from December 15th to December 21st
3D Printing Show gathers leading firms/brands as MIICRAFT, RATC Corp., Solidwizard Technology, Infinity 3D Printer, 3DMART, Formlabs, XYZ PRINTING, SPIDERMAKER, Fullwell, delivering the indispensable high-tech additive manufacturing machines and materials. Exhibitors like Easton Precision, Moldex3D, Taiwan NAKAZAWA, Wu Ji, AccuteX, Hitachi Metals, Linco Precision, and China Fineblanking demonstrate the concept of T-Zero Production and other… Continue reading Intelligent Asia 2021 Online Expo runs from December 15th to December 21st
MUFG Trust & Banking chief sees return of foreign firms to Tokyo market
Japan is ripe for a revival in stock listings by foreign firms, the trust banking arm of Mitsubishi UFJ Financial Group Inc said on Tuesday, with more than a dozen in the pipeline for Tokyo’s start-up market. Japan’s huge household wealth and the relatively high stock valuations on the Tokyo bourse’s Mothers market for start-ups… Continue reading MUFG Trust & Banking chief sees return of foreign firms to Tokyo market
Daimler Truck launched on stock exchange as an independent company
STUTTGART, Germany and FRANKFURT, Germany, Dec. 10, 2021 /PRNewswire/ — Today’s first day of trading on the Frankfurt Stock Exchange marks the start of a new era for Daimler Truck. Following the spin-off from Daimler AG, today’s first day of listing symbolizes Daimler Truck’s embarkment into unrestricted entrepreneurial independence. This is probably the most important milestone… Continue reading Daimler Truck launched on stock exchange as an independent company
Goodyear Collaborates With Monolith On Carbon Black; Initial Testing Demonstrates Reduced Emissions
AKRON, Ohio, Dec. 9, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company today announced that it has signed a collaboration agreement and letter of intent with Monolith for the development and potential use of carbon black produced from methane and/or biomethane for tires. Goodyear is a leader in the industry in embracing this form of… Continue reading Goodyear Collaborates With Monolith On Carbon Black; Initial Testing Demonstrates Reduced Emissions
Mitsubishi Motors: Driving Ambition For 40 Years In The U.S.
As the company looks forward to the next 40 years in the U.S. and beyond, momentum is already building behind MMNA, with its brand-new North American headquarters opening, an all-new or significantly refreshed lineup of vehicles for the 2022 model year highlighted by the 2022 Mitsubishi Outlander, a robust and growing dealer partner network and… Continue reading Mitsubishi Motors: Driving Ambition For 40 Years In The U.S.
Meritor Awarded Daimler China Business to Supply Heavy Duty On-Highway Axles
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it has entered into a supply agreement with Beijing Foton Daimler Automotive Co. Ltd. (BFDA), Daimler Truck’s joint venture in China. With this deal, Meritor will produce a custom version of long haul tandem and single rear-drive axles for Daimler’s heavy-duty on-highway tractors,… Continue reading Meritor Awarded Daimler China Business to Supply Heavy Duty On-Highway Axles
Nissan invests 15 billion euros over five years to accelerate the electrification of its cars
Posted on Nov 29, 2021, 6:49 AM After have rebalanced their accounts and regained some profitability , Nissan announced on Monday that it would deploy a vast investment plan to accelerate the electrification of its vehicles. “Now that Nissan is out of the crisis, the time has come to change gears,” repeated Makoto Uchida, the… Continue reading Nissan invests 15 billion euros over five years to accelerate the electrification of its cars