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Recent Articles

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Tesla reports Q3 vehicle deliveries totaled 343,000 units, up from 268,580 units in Q2, as total EV production hit 365,000 units; Tesla made 19,935 Model S and X vehicles, 345,988 Model 3 and Y vehicles

Tesla rival Fisker to launch electric SUV in India next year, may consider local production

Drax buys remaining 10% of Alabama Pellets from Two Rivers Lumber, taking full ownership in US$22M deal; Alabama Pellets owns two pellet plants, one of them in Demopolis was commissioned in 2022 and has nameplate production capacity of 360,000 tonnes/year

Audi plant in San Jose Chiapa, Mexico, may double in size, produce EVs, with decision coming at end of this year or early 2023; plant currently has 5,000 employees and has produced 800,000 Q5 model vehicles

S&P Global Eurozone Manufacturing PMI in September fell to 48.4 from 49.6 in August, the lowest reading since June 2020 as output, new orders continued to decrease; demand declined sharply due to high inflation, economic uncertainty

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