Since the German government started handing out big subsidies for the purchase of battery-electric vehicles, sales figures have increased significantly.
Contemporary Amperex Technology Co., Ltd. (CATL), China’s leading automotive lithium-ion battery maker, on June 28 said it has signed a four-year agreement to supply batteries to Tesla, following the signature of a two-year contract in 2020.
The manufacturing industries are constantly looking for new ways to thrive.
-Oil major Exxon Mobil Corp (NYSE:XOM) said on Wednesday it would sell its Santoprene business.
Ssangyong issued a sale notice on Monday to launch the search for a new owner.
Founded by the Pahwa Brothers in the year 1952, Avon today has large production facilities and a growing portfolio of products with over 200 models and over 360 different components for each model.
The former Trump administration in the US lauched quite a number of trade spats, not just with China.
The SNEF Group, with activities in industrial infrastructures and the energy field, has managed in recent years to grow organically and through new investments in the Romanian market.
SsangYong has been under court receivership since April, as Mahindra failed to secure a buyer for its 75 percent stake in the Korean automaker amid the prolonged COVID-19 pandemic and its worsening financial status.
Best-case scenario for SsangYong is to sign contract with HAAH By Lee Min-hyung SsangYong Motor’s painful restructuring plan is raising the possibility that the ailing South Korean vehicle manufacturer may woo potential investors.