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POSCO Holdings and LG Energy Solution to jointly produce secondary batteries

POSCO Holdings and LG Energy Solution have strengthened cooperation in the production of secondary batteries. Both companies promised to expand...

Skoda plans to suspend production in the Czech Republic due to a shortage of chips

The problem of the shortage of electronic components, which arose in the midst of logistical restrictions associated with the coronavirus pandemic,...

Samsung warns of a 32% drop in profits due to falling demand for chips

Samsung's earnings fell as global prices for memory chips fell due to weakening demand for consumer electronics. Firms that buy memory chips, such as...

The production of passenger cars in Russia decreased by 2.8 times in eight months

Most of the global automakers operating in Russia in the spring suspended deliveries of cars and components to the country, and also paused their...

Ford warns investors to cut car deliveries due to parts shortages

Problems in supply chains disrupted as a result of covid restrictions continue to affect global manufacturers whose production clearly cannot keep up...

The price of lithium resumes insane growth after Elon Musk's remarks

The ubiquitous raw material needed for electric vehicle batteries...

The August market for new cars in the EU showed a positive trend

Demand for new passenger cars grew in all key European markets....

Deere invests billions in self-driving tractors

The American company announced that it intends to enter the market of software for agricultural machinery to make its work more efficient....

Nippon Steel raises steel prices to a record high for deliveries to Toyota plants

The automaker is Japan's largest steel buyer and its steel purchase prices are the benchmark for contracts in industries ranging from shipbuilding to...

Ford will sharply increase car prices due to a doubling in the price of raw materials for batteries

The Ford Mustang Mach-E was so popular that the automaker had to close orders for the 2022 model back in April, citing an inability to meet further...

AVTOVAZ began equipping LADA Granta with airbags

The Russian automobile company called it a victory for the AVTOVAZ team and the company's partners in the face of a shortage of electronic components...

Rolls-Royce to introduce innovative hydrogen engines for locomotives

Rolls-Royce is developing a range of hydrogen-powered engines and fuel cells to be used as a reliable power source in ships and heavy off-road...

Electric vehicle manufacturers switch from aluminum to steel for bodywork

Electric vehicle manufacturers are choosing steel over aluminum as the metal of choice for car bodies, said a top executive at the largest U.S....

Elon Musk's Shanghai factory produces first million Tesla electric vehicles

In the first half of this year, the Tesla gigafactory in Shanghai produced almost 300,000 electric vehicles with a 95% localization share of the...

Ukrainian lithium will get into the batteries of BMW electric vehicles

An Austrian company planning to mine lithium in Ukrainian deposits has signed a memorandum with the German automobile concern BMW for the supply of...

Demand for electric vehicles in Ukraine shows "crazy" growth - Ukrautoprom

Since the beginning of 2022, almost 5.9 thousand cars have replenished the Ukrainian fleet of cars powered by battery power sources, which is 34%...

Russian metallurgists will need more than 10 years to replace imports of key equipment

Russian metallurgists are critically dependent on foreign key equipment (even rolls for rolling mills) and, due to Western sanctions, will be forced...

China's shipbuilding industry continues to lead the global market

The Chinese shipbuilding industry accounted for 50.8% of all new orders globally in the first half of 2022....

Japan's Daikin to build heat pump plant in Poland

In Europe, against the backdrop of skyrocketing gas prices, there is a growing demand for heat pumps that use electricity to generate heat....

Kharkiv Turboatom may stop due to blocking of accounts - Directorate of the plant

The strategically important machine-building enterprise of Ukraine kept money in the Kharkov bank "Megabank", which was declared insolvent...

Tesla in the second quarter reduced the supply of cars by 18%

Negative factors were ongoing problems in global supply chains and the suspension of the company's operations in China due to the COVID-19 pandemic....

Daimler Truck began testing Actros tractor on liquid hydrogen

Daimler Truck aims to eventually bring the fuel cell prototype Mercedes-Benz GenH2 Truck to a range of 1,000 kilometers or more, making the truck...

AvtoVAZ plans to produce at least 400,000 vehicles in 2023

Today, the AvtoVAZ plant in Togliatti is partially idle: of the three lines of a single car assembly plant, only the line for assembling simplified...

Norway becomes the first Volvo Cars market to offer exclusively electric models

In 2021, 96% of new Volvo cars sold in Norway were Recharge models. Volvo Cars is exclusively selling electric cars in this country this year....

The leaders of the metallurgical industry of the world develop their own wind energy

As sustainable steel becomes more important to meeting global climate targets, manufacturers are turning to wind power to decarbonize steel...

Toyota is recalling all electric vehicles released this year due to the fact that their wheels can fall off

Steel bolts on the wheels of the new Toyota bZ4X and Subaru electric vehicles "can loosen while driving to the point where the wheel can come...

AVTOVAZ resumed car production

The AVTOVAZ conveyor was stopped for several days due to lack of components....

DTEK Energy machine builders have manufactured a new tunneling machine

When assembling the harvester, machine builders used components from the best European manufacturers, which increases the reliability and safety of...

Volvo starts mass production of electric trucks made from decarbonized steel

Volvo Trucks is the first company in the world to use fossil fuel-free steel in its trucks....

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