GM Ventures has signed a strategic agreement to develop EnergyX’s lithium extraction and refinery technology, and Energy Exploration Technologies Inc. and General Motors Co. have made the announcement that GM Ventures will lead a $50 million Series B financing round for EnergyX. Utilizing EnergyX’s innovative process to maximize efficiency and enhance sustainability for GM’s rapidly […]
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In an effort to entice Tata Group, the parent company of Jaguar Land Rover, to invest in a new battery plant, the United Kingdom is about to announce plans to promote environmentally friendly manufacturing. According to the sources, the Advanced Manufacturing Plan will be a component of the United Kingdom’s response to the $369 billion […]
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Calbee, a Japanese snack brand, intends to boost efficiency and accelerate growth by investing $1 billion in automation, mergers and acquisitions, and equipment upgrades over the next three years. According to GlobalData, a leading data and analytics company, the move is a part of the company’s plan to diversify its geographic footprint, offset the decline […]
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A multimillion-pound Zero Emission Vessels and Infrastructure (ZEVI) competition was launched to assist in decarbonizing the country’s maritime technology. As a result, the maritime industry in the UK is on its way to becoming net-zero. Zero-emission ferries, cruises, and cargo ships will soon be possible in the UK thanks to the 77 million pounds investment […]
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In 2022, China topped the world in investments in clean energy once more, which may pose a challenge to American efforts to increase domestic manufacturing. A recent study found that China was the location of nearly half of the world’s spending on low-carbon projects. In 2022, the nation will have invested $546 billion in solar […]
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MilliporeSigma, Canada and US life science businesses of Merck KGaA, Germany, a leading science and technology company, announced that its life science business industry is investing over 286 million dollars in the biosafety testing capacity at the company’s site in Rockville, USA. This investment will significantly increase the ability of the company to conduct biosafety […]
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Grupo Bimbo has announced new plans to spend around 630 million dollars to build two plants in Georgia and Ohio, and these two plants are expected to create nearly 615 jobs. The Georgia facility will cost around 200 million dollars to build, and will create 295 new jobs. Valdosta is the site of another facility […]
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Joe Biden, president of the United States has signed a law committing 280 billion dollars to the scientific research and high tech manufacturing amid fears regarding the US is losing its technological edge to China. The investments will now include tax breaks for the companies that produces computer chip manufacturing plants in the United States. […]
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Volkswagen and its partners will now invest over 20 billion euros in a battery cell business, which will be creating 20,000 jobs and are now targeting annual sales over 20 billion euros by 2030 as the company is seeking to beat Tesla, which leads in the growing market. PowerCo unit of Volkswagen will be managing […]
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On Sunday, 22nd May 2022, Hyundai Motor Group said, it is going to be investing an additional 10 billion dollars in the United States by the year 2025 for the purpose of strengthening the collaboration with the companies of the United States in the advanced technology. The investments, which is announced during a visit to […]
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