Holon, a subsidiary of the German automotive supplier Benteler, has announced a significant investment in the burgeoning autonomous vehicle industry by establishing a state-of-the-art manufacturing facility in Jacksonville, Florida. The $100 million project aims to produce autonomous electric
Tesla has long been at the forefront of automotive innovation, and its recent advancements in integrated die casting technology represent a revolutionary leap forward in car production. This transformative process, particularly evident in the manufacturing of the Tesla Model Y, is simplifying the
Foxconn, the Taiwanese electronics giant known for its massive production of iPhones, is embarking on a significant transformation by diversifying its business model. The company plans to build a new 700-acre campus in Zhengzhou, China, to manufacture electric vehicles (EVs). This strategic move
The South African automotive industry is grappling with notable difficulties arising from a reduction in vehicle production. This downturn has far-reaching implications, particularly for component manufacturers, who are experiencing a decline in orders both locally and from overseas. These
The South African automotive industry has long been a cornerstone of the nation's economy, creating jobs and driving economic growth. Today, as the world turns its attention to sustainable and cleaner modes of transportation, South Africa finds itself at a critical juncture. The question arises—can
Thailand is rapidly transforming into a central hub for electric vehicle (EV) manufacturing in Asia, driven by an array of government policies and substantial investments from global automakers. The Thai government's initiatives, including tax breaks and subsidies, aim to achieve an ambitious
