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GM CEO Barra: Detroit-Hamtramck plant layoffs prepare automaker for an all-electric future
A joint venture with LG Chem to pour $2.3 billion into a new electric battery plant will also create more than 1,000 new jobs......»»
GM, LC Chem set $2.3 billion electric vehicle battery venture in Ohio
General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»
GM, LC Chem announce $2.3 billion EV battery venture in Ohio
General Motors Co .and South Korea's LG Chem said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities......»»
Exclusive: GM, LG Chem to announce EV battery joint venture in Ohio - sources
General Motors and South Korea's LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters......»»
Pfizer, Novartis lead $2 billion spending spree on gene therapy production
Eleven drugmakers led by Pfizer and Novartis have set aside a combined $2 billion to invest in gene therapy manufacturing since 2018, according to a Reuters analysis, in a drive to better control production of the world's priciest medicines......»»
Pfizer, Novartis lead pharma spending spree on gene therapy production
Eleven drugmakers led by Pfizer and Novartis have set aside a combined $2 billion to invest in gene therapy manufacturing since 2018, according to a Reuters analysis, in a drive to better control production of the world's priciest medicines......»»
Saudi Aramco IPO"s institutional tranche oversubscribed: source
The institutional tranche of Saudi Aramco's initial public offering (IPO) has been oversubscribed while the retail portion has received a little more than 10 billion riyals ($2.67 billion) in orders so far, a banking source told Reuters......»»
BMW orders more than 10 billion euros" worth of battery cells
German carmaker BMW on Thursday said it had ordered more than 10 billion euros' ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL) and Samsung SDI ......»»
Airbus unveiled a battery-powered sports aircraft, which will compete in the world"s first electric air racing competition in 2020
Reuters Airbus unveiled the world's first electric race plane at the Dubai Airshow o.....»»
C-Tech expects China orders for notebook cell packs to rise in 2020
Taiwan-based battery pack maker C-Tech United expects to see orders for notebooks from its China-based partners rise significantly in 2020, while striving to diversify its offerings to include those for electric vehicles (EV)......»»
Tesla Begins China-Made Model Sales With Autopilot: Report
The electric vehicle manufacturer Tesla Inc (NASDAQ: TSLA) has started accepting orders for its China-made Model 3 car, Reuters reported on Friday. read more.....»»
Amazon Orders 100,000 Electric Delivery Vans as Part of Efforts To Reduce Emissions
Amazon delivers over 10 billion items a year via gas-guzzling modes of transport (NEW YORK) — Amazon, which delivers more than 10 billion items a year o.....»»
Electric pickup, batteries included in GM"s $7 billion pledge
An all-electric pickup truck and an advanced battery system will be part of the $7 billion that General Motors Co has pledged to invest in the United States as parts of contract talks with the United Auto Workers......»»
The Taycan: Porsche"s billion-dollar bet on an electric-drive future
The Taycan on Porsche's Atlanta track The Taycan on Porsche's Atlanta track.....»»
VW to deepen alliances with battery suppliers for electric push
Volkswagen will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan Sommer told Reuters......»»
China"s CATL, Ant Financial and Hellobike set up e-bike battery firm
China's Contemporary Amperex Technology Co Ltd (CATL), Ant Financial Services and Hellobike said on Wednesday they will invest 1 billion yuan ($144.60 million) to establish a electric bicycle battery joint venture......»»
Report: Tesla exec says automaker faces global shortage of EV battery minerals
Tesla Inc. is bracing for a shortfall of the minerals it needs for its electric-vehicle batteries, a company leader said at a mining industry conference in Washington, D.C., on Thursday, according to Reuters. Sarah Maryssael, Tesla’s global supp.....»»
Panasonic may upgrade Japan plant to make advanced Tesla batteries: source
Panasonic Corp may upgrade one of its battery plants in Japan to produce advanced-format battery cells for Tesla Inc if needed by the U.S. electric vehicle (EV) maker, a person familiar with the matter told Reuters on Thursday......»»
"It"s Stupid": German Professor Slams Berlin Battery Play
Authored by Jon LeSage via Oilprice.com, Electric car battery sales are projected to hit $60 billion by 2030, and Germany wants to grab the lead. That will be a tall wall to climb, with Chinese, Korean,.....»»
Volkswagen pushes battery partners to build Gigafactories
Volkswagen is pushing its joint venture partners including SK Innovation (SKI) to build electric car battery plants which have at least one Gigawatt manufacturing capacity, Chief Executive Herbert Diess told Reuters......»»