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Li-Ion 50 GWh battery factory to arrive in Asia in 2018

Li-Ion 50 GWh battery factory to arrive in Asia in 2018

With more and more manufacturers and startups bringing to market new electrified vehicles, and demand on the rise, it seems entering the business of producing lithium-ion batteries is a good way to ensure success on the long run. Tesla Inc., the company that not only produces electric cars, but also […]

Kia to set up car plant in India for local market

Kia to set up car plant in India for local market

The South Korean automaker has announced it will build an assembly factory worth $1.1-Billion in India, with production starting in 2019 and a yearly capacity of 300,000 units. The country is today the world’s fifth biggest car market, so Kia is investing heavily to produce cars specifically for the local […]

Aston Martin getting ready to announce new factory location

Aston Martin getting ready to announce new factory location

British premium sportscar manufacturer Aston Martin, which is pursuing a recovery strategy that includes an expansion of the model line and production volumes, has narrowed down the list of potential locations for its upcoming new plant, says the company CEO. Chief executive officer Andy Palmer talked to Reuters and said […]