News

Honda pulls back on EV strategy for now and will push hybrid sales
Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
Interesting Engineering7h
China hits solid-state battery milestone with Gotion’s 0.2 GWh pilot line for safer EVs
One of the world's largest EV battery maker Gotion unveiled its first solid-state battery line aiming for mass production by 2030.
Crain's Detroit Business16h
Novi-based battery startup Our Next Energy outsources some production to Turkish company
Novi-based battery startup Our Next Energy Inc. will outsource some production of its battery cells to a Turkish technology ...
Textile World14d
Rieter To Acquire Barmag From OC Oerlikon To Accelerate Its Growth Strategy And Become A Market Leader In Natural And Manmade Fibers
Rieter has signed a definitive agreement to acquire Barmag from OC Oerlikon for an upfront equity purchase price of CHF 713 ...
moneycontrol.com14d
President Trump signs Executive Order to ramp up US prescription drug manufacturing
US President Trump signed an executive order on May 5 to rebuild US prescription drug manufacturing, with a focus on reducing reliance on foreign-made medicines, directing to accelerate facilities ...
USA Today15d
EV maker Rivian invests $120 million in Illinois plant to boost SUV manufacturing
To conserve cash and hasten the production of R2 - seen critical to the company's success amid a slowdown in EV growth - Rivian paused construction of a plant in Georgia last year and decided to ...