Tag: Manufacturing
EV Ecosystem in the Philippines Boosted By $100M Support from Asian Development Bank
Country’s biggest conglomerate, the Ayala Group, gets to manage the financing package The Asian Development Bank (ADB) has signed a financing package of up to PhP583 billion ($100 million) to support Ayala Corporation’s efforts in developing an electric mobility ecosystem in the Philippines. This funding will be used to procure … [continued]
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Turmoil In The US Could Roil Global Auto Industry
The US auto industry is in for a bumpy ride as new tariffs on all cars manufactured in Canada and Mexico are on the horizon.
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BMW — Luxury Sells Well Down Under
In 2024, Bayerische Motoren Werke AG (BMW) sold approximately 26,341 vehicles in Australia, a slight increase over 2023. In 2023, it sold 15% more than 2022. This is a story of growth. These numbers include petrol vehicles, diesel vehicles, PHEVs, and BEVs. Of these, 7,787 were full battery electric vehicles. … [continued]
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Second Life Adds More Green Punch To EV Battery Recycling (Eventually)
Amazon’s Climate Pledge Fund is supporting a new “second life” venture that complements EV battery recycling by extending the useful life of the whole battery.
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The American parent of London’s Accuride Canada plant squeezed money out of the local manufacturer and “drove it into the ground,” throwing more than 200 people out of work, the union representing its
The American parent of London’s Accuride Canada plant squeezed money out of the local manufacturer and “drove it into the ground,” throwing more than 200 people out of work, the union representing its workers charges. Unifor Local 27 is questioning the economics of the looming closing of Accuride Canada. The London plant on Firestone Boulevard […]