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Recent Articles

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UK private sector activity fell again in the three months to March, according to CBI's latest Growth Indicator; activity has been flat or falling for 20 consecutive rolling-quarters, with services sector volumes down at fastest pace since January 2023

Toyota Thailand president says the automaker plans to mass produce battery-electric Hilux pickup truck by 2025; the development follows Thailand government's announcement that Isuzu to start manufacturing battery D-Max pickup in the country next year

Ford reduces hourly workforce at F-150 Lightning factory in Dearborn, Michigan, due to cuts in electric pickup production targets; of the 2,100 workers, around 700 to transfer to Wayne, Michigan, plant, 700 to get reassigned or take retirement package

AESC invests additional US$1.5B to expand its lithium-ion EV battery manufacturing operations in Florence County, South Carolina, creating 1,080 new jobs and pushing total investment to US$3.12B; the expansion is expected to open in 2027

Continental reports it reduced its annual energy requirements by around 150 gigawatt hours in 2023, placing its energy demand 22% below industry standards; all energy purchased by Continental is sourced from renewable energy sources

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