The European car industry is facing decline. Sales in 2025 remain roughly 25% below pre-Covid levels, while production has dropped by around 20% as manufacturers have been forced to close factories or fall into overcapacity. Factories that were once major contributors to Europe’s economy have been shuttered, including many last year: the Ford Saarlouis, Audi Brussels and Stellantis Luton are some… Continue reading Is there a future for contract manufacturing in Europe?
Tag: Manufacturing
When Autocar took a factory Range Rover to the ‘demonic’ Dakar
The three Defenders that tackled this year’s Dakar Rally represented the first works entry on the gruelling rally raid from JLR or its predecessors. But it wasn’t the first time that a manufacturer-owned Land Rover had competed – and Autocar was a key part of the story. The Paris-Dakar Rally began in 1979, charting a… Continue reading When Autocar took a factory Range Rover to the ‘demonic’ Dakar
CATL and the Ellen Macarthur Foundation Set Direction for Circular EV Batteries with Landmark Whitepaper
DAVOS, Switzerland, Jan. 24, 2026 /PRNewswire/ — Leading The Charge – Turning risk into reward with a circular economy for EV batteries and critical minerals, a whitepaper released by the Ellen MacArthur Foundation during the World Economic Forum Annual Meeting 2026, marks the first integrated, actionable circular value-chain roadmap for EV batteries grounded in real-world industrial practice.… Continue reading CATL and the Ellen Macarthur Foundation Set Direction for Circular EV Batteries with Landmark Whitepaper
Eaton completes acquisition of Ultra PCS Limited, expanding capabilities and solutions for next-generation aerospace and defense markets
Transaction strengthens Eaton’s position and ability to accelerate enhanced offerings for aerospace customers Expecting accretive margins and growth DUBLIN, January 23, 2026–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Ultra PCS Limited from the Cobham Ultra Group. Ultra PCS’s innovative solutions for safety and mission critical aerospace systems… Continue reading Eaton completes acquisition of Ultra PCS Limited, expanding capabilities and solutions for next-generation aerospace and defense markets
Tesla to Report Q4 Earnings: Will Robust Energy Unit Deliver Growth?
Tesla TSLA is slated to release fourth-quarter 2025 results on Jan. 28, after the closing bell. The company’s Energy Generation and Storage business is showing signs of exceptional growth amid declining vehicle deliveries. TSLA missed earnings estimates in three of the trailing four quarters and missed once, the average negative surprise being 11.10%. Tesla, Inc.… Continue reading Tesla to Report Q4 Earnings: Will Robust Energy Unit Deliver Growth?
ELITE Solar Commissions 5GW Integrated Solar Manufacturing Facility in Egypt, Expanding Global Supply Capacity
SUEZ, Egypt, Jan. 24, 2026 /PRNewswire/ — ELITE Solar, a global leader in integrated solar manufacturing, today announced the commissioning of its new 5GW photovoltaic manufacturing facilities in Egypt’s Suez Canal Economic Zone, marking a major milestone in the company’s global expansion strategy. The facility includes 2GW of high-efficiency solar cell capacity and 3GW of… Continue reading ELITE Solar Commissions 5GW Integrated Solar Manufacturing Facility in Egypt, Expanding Global Supply Capacity
Moto Machines Announces New Hepco & Becker Accessories for the BMW R12 G/S
Built for Real-World Riding: German-Made Luggage and Protection for the BMW R12 G/S STERLING, Va., Jan. 23, 2026 /PRNewswire/ — Moto Machines, a US importer and distributor of premium motorcycle parts and accessories, is proud to announce the release of new Hepco & Becker products for the BMW R12 G/S. Continue Reading Hepco & Becker… Continue reading Moto Machines Announces New Hepco & Becker Accessories for the BMW R12 G/S
CATL and the Ellen Macarthur Foundation Set Direction for Circular EV Batteries with Landmark Whitepaper
DAVOS, Switzerland, Jan. 24, 2026 /PRNewswire/ — Leading The Charge – Turning risk into reward with a circular economy for EV batteries and critical minerals, a whitepaper released by the Ellen MacArthur Foundation during the World Economic Forum Annual Meeting 2026, marks the first integrated, actionable circular value-chain roadmap for EV batteries grounded in real-world industrial practice.… Continue reading CATL and the Ellen Macarthur Foundation Set Direction for Circular EV Batteries with Landmark Whitepaper
Duke Energy Foundation awards $100,000 to the American Red Cross ahead of Winter Storm Fern
Foundation investments will help meet community needs ahead of inclement weather expected across the Carolinas Download the Duke Energy and American Red Cross Emergency apps to get real‑time alerts, outage updates and safety information CHARLOTTE, N.C., Jan. 24, 2026 /PRNewswire/ — As Winter Storm Fern is forecast to bring severe winter weather across parts of… Continue reading Duke Energy Foundation awards $100,000 to the American Red Cross ahead of Winter Storm Fern
ELITE Solar Commissions 5GW Integrated Solar Manufacturing Facility in Egypt, Expanding Global Supply Capacity
SUEZ, Egypt, Jan. 24, 2026 /PRNewswire/ — ELITE Solar, a global leader in integrated solar manufacturing, today announced the commissioning of its new 5GW photovoltaic manufacturing facilities in Egypt’s Suez Canal Economic Zone, marking a major milestone in the company’s global expansion strategy. The facility includes 2GW of high-efficiency solar cell capacity and 3GW of… Continue reading ELITE Solar Commissions 5GW Integrated Solar Manufacturing Facility in Egypt, Expanding Global Supply Capacity