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GM to Invest $81 Million to Build Cadillac Celestiq

Rebecca Urena06/16/2022

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General Motors (NYSE: GM) revealed plans to invest USD81 Million in its global design and technology campus located in suburban Detroit. The move comes as the automaker strives to...

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Sriracha Maker Warns of Pepper Shortage

Rebecca Urena06/10/2022

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Huy Fong Foods, the manufacturer of Sriracha Hot Chili Sauce, revealed that a shortage of chili peppers is set to impact the production of the popular sauce. The company...

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Toyota Cuts Production Amid Semiconductor Shortage

Rebecca Urena05/27/2022

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Toyota (NYSE: TM) announced that it will be cutting back on production, ultimately manufacturing 800,000 fewer vehicles globally. According to the automaker, the change comes amid the Covid-19 lockdown...

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Hyundai Set to Build EV and Battery Manufacturing Facility for $5.5 Billion

Rebecca Urena05/23/202205/23/2022

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Hyundai Motor (OTCMKTS: HYMTF) announced plans to shell out USD5.4 Billion to build its first electric vehicle and battery manufacturing facilities within the United States. The factories will be...

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ASML Tops First-Quarter Earnings Estimates

Rebecca Urena04/20/202204/20/2022

17423

ASML Holding NV (NASDAQ: ASML), a semiconductor equipment maker, disclosed better-than-expected first-quarter earnings results Wednesday. Bookings remain strong as customers strive to increase capacity amid the global semiconductor shortage,...

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Apple iPhone Maker Pegatron Halts Shanghai Production

Rebecca Urena04/12/2022

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Apple (NASDAQ: AAPL) iPhone assembler, Pegatron, has halted production in Shanghai and Kunshan following continued Covid-19 prevention measures, according to several reports. The Chinese Government’s strict Covid-19 protocols come...

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Nikola Begins Production of its First Battery-Electric Semi-Truck

Rebecca Urena03/24/202203/24/2022

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Electric vehicle startup, Nikola (NASDAQ: NKLA), announced that it has already begun the production of the battery-powered version of its electric Tre semi-truck within its Coolidge, Arizona factory. According...

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Foxconn Suspends iPhone Factory Operations in China amid Covid Outbreak

Rebecca Urena03/14/202203/14/2022

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Foxconn (OTCMKTS: HNHPF), a major Apple supplier, has paused operations in Shenzhen, China, following a lockdown prompted by another Covid-19 outbreak. The company has factories in the area that...

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Sony and Honda to Form Joint Venture and Manufacture Electric Vehicles

Rebecca Urena03/04/202203/04/2022

17389

Sony (NYSE: SONY) and Honda (NYSE: HMC) announced plans to form a joint venture as a means to sell electric vehicles. The company will be incorporated later this year,...

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Tritium Reports Location of New US Manufacturing Facility in Tennessee

Andy Liao02/08/202206/09/2022

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Tritium DCFC Limited (NASDAQ: DCFC) has reported plans for expansion of its American footprint with a new manufacturing facility in Lebanon, Tennessee. The company plans to house up to...

Tag: Production

GM to Invest $81 Million to Build Cadillac Celestiq

Sriracha Maker Warns of Pepper Shortage

Toyota Cuts Production Amid Semiconductor Shortage

Hyundai Set to Build EV and Battery Manufacturing Facility for $5.5 Billion

ASML Tops First-Quarter Earnings Estimates

Apple iPhone Maker Pegatron Halts Shanghai Production

Nikola Begins Production of its First Battery-Electric Semi-Truck

Foxconn Suspends iPhone Factory Operations in China amid Covid Outbreak

Sony and Honda to Form Joint Venture and Manufacture Electric Vehicles

Tritium Reports Location of New US Manufacturing Facility in Tennessee

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