4 result(s) for “Automotive”
PowerCo Canada says the St. Thomas gigafactory will start production in 2029, two years later than planned, citing market, technology and sequencing reasons. The delay raises questions about jobs, federal incentives and regional industrial planning across southwestern Ontario.
GlobalFoundries and Marvell are expanding semiconductor production capacity for high-speed optical connectivity as increasingly powerful AI data centres require faster links between thousands of computing components.
Hungarian manufacturer ABZ Innovation has expanded one of Europe's largest civilian drone production facilities, targeting thousands of aircraft annually as European and US demand grows and manufacturers seek alternatives to Chinese supply chains.
UK regulators have opened a competition investigation into the proposed $25 billion combination of AkzoNobel and Axalta, putting one of the coatings industry's biggest consolidation deals under regulatory scrutiny.