Egypt allocates $30mln to accelerate automotive industry in FY2025
Egypt has allocated EGP 1.5bn in its 2024/2025 state budget to advance the localisation of its automotive industry, a strategic ...
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Crayola’s CEO leaned in to automation when everyone else was offshoring and now he’s reaping the rewards todayheadline
Two decades ago, the name of the game in U.S. manufacturing was offshoring. Just as China was entering the World ...
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Tesla global sales fall amid Musk backlash and pressure on EV market
Other carmakers including Volvo and Rivian reported a drop in sales on Wednesday.Tesla has reported another hefty drop in auto ...
Read moreDetailsGoldman Sachs warns tariffs won’t help the U.S. boost manufacturing productivity as tech in American factories continues to lag
U.S. manufacturing has decelerated recently, both as a result of increased competition from China and as part of a broader ...
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Goldman Sachs: AI, not tariffs, are best bet to boosting U.S. manufacturing productivity todayheadline
As China continues to best the United States in manufacturing capabilities, tariffs may not be America’s best bet to boost ...
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Ford CEO says new technologies like AI are leaving many workers behind, and companies need a plan todayheadline
For all the talk about how artificial intelligence is going to transform our daily lives, Ford CEO Jim Farley said ...
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The Trump Organization quietly rescinds ‘built in the U.S.’ promise for its T1 phone after analysts’ consensus pointed to production in China todayheadline
Trump Mobile has quietly stopped claiming its forthcoming phone will be made in the U.S. The company now uses more ...
Read moreDetailsQuantumScape stock soars 35% on battery production breakthrough
Battery developer QuantumScape (QS) announced a breakthrough in its process for manufacturing solid-state lithium-metal batteries, sending the stock more than ...
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BEL, VVDN ink MoU for joint manufacturing of Wi-Fi, 5G networking subsystems todayheadline
Navratna Defence PSU Bharat Electronics Limited (BEL) on Tuesday announced that it has signed a Memorandum of Understanding (MoU) with ...
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Amazon-owned Zoox just opened a 220,000-square-foot manufacturing facility to build its robotaxi vehicles in California todayheadline
Zoox, Amazon’s robotaxi subsidiary, has opened a new manufacturing facility in California to build thousands of toaster-shaped self-driving vehicles, the ...
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