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Strong growth at Lacroix’s Symbiose plant

2024-09-17 eIndustry

After two years in operation, Lacroix’s Symbiose plant in Beaupréau-en-Mauges shows solid growth.
» Evertiq

Posted in: Uncategorized

Bosch invests € 270 million in Japan

eIndustry

Bosch has reaffirmed its commitment to Japan with a total investment of EUR 270 million in a new headquarters in Yokohama.
» Evertiq

Posted in: Uncategorized

Samtec orders ClassOne’s Solstice system

eIndustry

ClassOne Technology has received an order from new customer Samtec for a Solstice S8 single-wafer processing system.
» Evertiq

Posted in: Uncategorized

Intel pulls the brakes on projects in Poland and Germany

eIndustry

On Monday, US semiconductor manufacturer Intel said that it is postponing its plans to build two mega chip plants in Magdeburg, Germany and its plans in Poland due to lower demand than expected.
» Evertiq

Posted in: Uncategorized

GM may buy EV batteries built with Chinese tech

2024-09-16 eIndustry

But the batteries will be assembled in the US at a proposed plant funded and operated by Japanese consumer electronic firm TDK Corp.
» Evertiq

Posted in: Uncategorized

India’s Polymatech to set up chip facility in Bahrain

eIndustry

The USD 16 million investment is part of a longer-term strategy, with the company planning to spend over USD 100 million in Bahrain by 2027, according to a report in the Economic Times.
» Evertiq

Posted in: Uncategorized

Stellantis will invest $400 million in Michigan plants amid transition to EVs

eIndustry

The automaker plans to invest USD 235.5 million in its Sterling Heights plant to produce the Ram brand’s first all-electric pickup truck.
» Evertiq

Posted in: Uncategorized

VPI to invest up to $496 million in German battery projects

eIndustry

Vitol-backed VPI, which has power assets in Britain and Ireland, said the battery joint venture with German energy storage firm Quantitas Energy would be its first investment in the country.
» Evertiq

Posted in: Uncategorized

Volvo delays construction of battery plant in Sweden

eIndustry

Construction for Volvo’s new battery production plant in Sweden was expected to start in 2025. But the start date has now been pushed back by between 12 and 24 months, the WSJ report said.
» Evertiq

Posted in: Uncategorized

Intel qualifies for $3.5 billion grants to make chips for US military

eIndustry

The funding would add to a possible USD 8.5 billion in grants and USD 11 billion in loans that the company was awarded in March under the Chips and Science Act
» Evertiq

Posted in: Uncategorized

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