Wednesday, May 7, 2025

Ford and CATL ink global strategic cooperation to promote EVs globally

American automobile giant Ford Motor has ventured into a global strategic partnership with Contemporary Amperex Technology Limited (CATL), a Chinese battery manufacturer, to deliver...

NASA selects Firefly Aerospace to deliver a suite of research payloads to the moon...

American private aerospace firm Firefly Aerospace has secured a US$93.3 million contract from NASA to deliver a suite of 10 science investigations and technology...

Bosch to open new semiconductor factory in Germany

German technology giant Bosch will open a fully digital and highly connected semiconductor plant in Dresden, Germany. Bosch, which already operates a semiconductor factory in...

Walmart to invest US$350bn in US manufacturing

US-based retail giant Walmart will invest US$350 billion in the future of US manufacturing over the next 10 years in a move that will...

Intel to invest $20bn in two new factories in Arizona, US

Computer chip giant Intel announced significant manufacturing expansion plans, starting with an estimated $20 billion investment to build two new factories on its Ocotillo...

SAB Biotherapeutics awarded $57.5 to manufacture its therapeutic candidate for COVID-19

Clinical stage biopharma company SAB Biotherapeutics has been awarded $57.5 million from BARDA and the US Department of Defence for the manufacturing of SAB-185,...

Hyundai Motor Group unveils $27 billion investment plan in S. Korean EV industry

Hyundai Motor Group has set out to become one of the world’s top electric vehicle manufacturers by 2030 with a whopping KRW 24 trillion (AUD 27.1 billion) investment in the South Korean EV industry. 

Volvo to ramp up electric car manufacturing in Belgium

Swedish carmaker Volvo bas unveiled plans to triple electric car manufacturing capacity at its plant in Ghent, Belgium, in response to the fast growing...

MIT researches are building a ‘one-stop shop’ system that automates the full process for...

Researchers from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) are developing a ‘one-stop shop’ system to print functional, custom-made devices and robots, without...

Renault, Plug Power to launch a 50-50 fuel cell JV

Groupe Renault has signed a Memorandum of Understanding (MoU) with Plug Power Inc., global leader in fuel cell systems and hydrogen related services, to...
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Delivering growth: how invoice finance transformed a logistics business

For a smaller freight-forwarding company to compete with international behemoths, Global Trade Logistics founder Gary Coutsoudis knows he and his team must outperform.