Tag: plans

Design & Planning, Industry Focus Areas, Motorized Vehicle, Process

Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output

December 11, 2018

Via: Industry Week

Hyundai Motor Group and its suppliers plan to spend of 7.6 trillion won (US$6.7 billion) through 2030 to raise production of fuel cells by more than 200-fold as the South Korean automaker targets to become a key player in the […]

Design & Planning, Process

Faurecia SA announces plans to purchase $710mn majority stake in Hitachi’s division

October 25, 2018

Via: Manufacturing Global

The report stated that Hitachi has agreed to sell most of its stake to Faurecia in a deal that will make the company a majority owner. Japanese giants, Hitachi, confirmed it was considering a number of options but has yet […]

Design & Planning, Process

Ford set to invest $740mn in Michigan Central Station

August 15, 2018

Via: Manufacturing Global

As part of the plans to revamp the station, the car giants will make the building a campus of offices which would base 5,000 tech workers and software engineers. Although the initial plans were drawn up in June, the costs […]