Category: Production

July 11, 2019

TURIN, Italy — Fiat Chrysler Automobiles will invest $788 million to build a production line for the new electric version of the 500 model (BEV), a top group executive said. FCA on Thursday installed the first production robot for the […]

July 11, 2019

SEOUL/DETROIT — South Korean electric vehicle battery maker LG Chem is considering building a second U.S. factory, three people familiar with the matter told Reuters, accelerating a race to add capacity to meet growing global demand for green vehicles. LG […]

July 10, 2019

WASHINGTON — Tesla is getting ready to increase electric-vehicle production, according to an internal email, after achieving record deliveries in the second quarter. The company is “making preparations” to raise output at its plant in Fremont, California, Tesla’s automotive president, […]

July 9, 2019

OXFORD, England (Reuters) – BMW will begin building its new electric Mini at its British factory from late 2019, with the first vehicles reaching customers from spring next year, the German carmaker said on Tuesday. “The Mini Electric will kick […]

June 19, 2019

Apple’s request was a result of the extended Sino-U.S. trade dispute, but a trade resolution will not lead to a change in the company’s decision, Nikkei said s.nikkei.com/31zCGhw, citing multiple sources. The iPhone maker has decided the risks of depending […]

June 18, 2019

Among the more than 30 companies that applied for state funding at the German Economy Ministry are carmakers Volkswagen and BMW, as well as German battery maker Varta and Swedish battery manufacturing startup Northvolt. France and Germany have already asked […]

June 13, 2019

But industry insiders are less optimistic that Chinese chip makers can quickly meet the challenge of supplying all the needs of Huawei and other domestic technology firms. The prospectuses of Chinese chip companies preparing to list on a new tech-focused […]

June 11, 2019

The comments come as U.S. President Donald Trump has threatened to slap further tariffs on $300 billion worth of goods from China – where the bulk of Apple’s devices are assembled. The country is also a key market for the […]

May 28, 2019

JAKARTA (Reuters) – Taiwan electronics company Pegatron has signed a letter of intent stating it intends to invest 10 trillion to 15 trillion rupiah ($695 million to $1 billion) in an Indonesian factory to produce chips for Apple smartphones, the […]

May 23, 2019

Still investors, worried that the conflict was morphing into a technology cold war, dumped shares of Asian tech companies, with Lenovo’s stock price falling as much as 6.3% to its lowest in nearly four months. Dual-headquartered in China and the […]