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manufacturing-plant

22 killed in lithium battery plant fire in South Korea

by Walter Watson
22 killed in lithium battery plant fire in South Korea

A fire likely sparked by exploding lithium batteries swept through a manufacturing factory near South Korea’s capital on Monday, killing 22 mostly Chinese migrant workers and injuring eight, officials said. …

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Boost for Hyundai Motor export plans, as auto co plans to launch slew of EVs over next 4 years

by Horatio Thompson
Boost for Hyundai Motor export plans, as auto co plans to launch slew of EVs over next 4 years

New Delhi: The planned ₹25,000 crore ($3 billion) IPO by Hyundai Motor India Ltd (HMIL) will drive parent Hyundai Motor’s ambitious strategy to make India a key export hub to …

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Ford delays start of EV production at Oakville plant until 2027

by Anas Siddiqui
Ford delays start of EV production at Oakville plant until 2027

Ford Motor Co. is delaying the start of electric vehicle production at its plant in Oakville, Ont., by two years. The U.S. automaker had planned to start production at the …

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Hyundai Maharashtra: Hyundai completes Talegaon plant acquisition; earmarks Rs 6,000 crore investment in Maharashtra

by Horatio Thompson
Hyundai Maharashtra: Hyundai completes Talegaon plant acquisition; earmarks Rs 6,000 crore investment in Maharashtra

New Delhi, Hyundai Motor India on Friday said it has completed the acquisition of General Motors India’s manufacturing plant at Talegaon in Maharashtra. The country’s second-largest carmaker also announced that …

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Who benefits most from Canada’s ambitious EV targets? Maybe China

by Anas Siddiqui
Who benefits most from Canada’s ambitious EV targets? Maybe China

Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, believes the recent electric vehicle targets set out by Canada’s environment minister also carried this pointed message to Canada’s domestic auto industry: “Let them eat cake.” …

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Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers

by Anas Siddiqui
Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers

The United Auto Workers union said Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly six-week-old strikes against Detroit automakers. …

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