On Tuesday, in a statement South Korea’s Hyundai Motor Co said, production at its Ulsan number one plant in South Korea would be suspended from April 7 to 14 due to supply issues with electrical components and a shortage of… Read More ›
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China’s BYD positioning itself to tap growing EV battery market in Europe
Warren Buffett-backed Chinese electric vehicle (EV) maker BYD is hiring engineers for its first overseas battery plant in Europe, said the company in a statement on Wednesday. BYD is aiming to position itself as an EV parts supplier in Europe…. Read More ›
Tesla’s Fire Response Team along with Fremont Fire Department put out fire
On Thursday evening, a fire which broke out at electric carmaker Tesla’s factory in Fremont, California, has been brought under control, with no immediate reports of injuries, said the fire department. According to Aisha Knowles, Fremont Fire Department’s spokeswoman, the… Read More ›
Tesla halts Model 3 production line in Fremont, California
According to a report from Bloomberg News, Tesla Inc has told workers at its car assembly plant in California that it will temporarily halt some production at the plant. Workers at Tesla’s Model 3 production line in Fremont have been… Read More ›
Tesla Inc sets up EV manufacturing plant in India
According to a government document, Tesla Inc will be setting up an electric-car manufacturing unit in the southern state of Karnataka. “The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka,” said a state government official… Read More ›
Apple Inc supplier Wistron to resume assembly operations in India
In a statement Apple Inc said, Wistron Corp, one of its suppliers, will restart its operations at its southern Indian factory, which was shutdown late last year. Apple uses Wistron to assemble its second-generation iPhone SEs in the plant; it… Read More ›
Samsung Electronics relocates mobile display plant from China to India
In a statement, the Indian state of Uttar Pradesh said, it will provide financial incentives to Samsung Electronics Co to set up its $654.36 million (48.25 billion rupee) display factory in the state. Samsung will be relocating the factory from… Read More ›
General Motors gradually reopening plants in Mexico
In a statement, General Motors Co stated, it was gradually restarting its transmissions and motors lines at its Mexican plants in Ramos Arizpe located in the northern state of Coahuila and in the central city of Silao. The assembly plants… Read More ›
Bruno Le Maire to take stock of French automotive industry this week
On Monday, French Finance Minister Bruno Le Maire stated, he would be holding new meetings later this week with representatives of the country’s automotive industry which has been hit hard by the coronavirus. In an interview to BFM Business radio… Read More ›
Smithfield Foods Inc to resume South Dakota pork plant from May 7
Late on Wednesday, Smithfield Foods Inc, the world’s biggest pork processor said, it will restart its Sioux Falls, South Dakota plant from May 7. The plant has been idling for more than three weeks because of the coronavirus outbreak. Smithfield… Read More ›
