High value of 350-acre Ford plant property drove TN to encourage Ford to return over nearly a yr of negotiations. It's expected to reinforce state's resurgence as global manufacturing hub.
The HPAL located in Pomalaa, Indonesia where Vale operates a nickel mine, is SAID to produce 120,000 tonnes a year of materiaL that is used in batteries for EVs.
Tesla has outlined a plan to build 20 million EVs in 2030. Toyota expects to sell at least 3.5 million battery electric models (BEVs) during the same period.
Those who blamed the Narendra Modi government for Ford’s untimely demise as a manufacturer in India should look at Kia and Hyundai's success over the past three years.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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