In what has been a challenging period for the automotive industry, Toyota has warned that its profits may fall by a fifth over 2022 due to increasing energy costs and raw material prices following the various supply chain disruptions of the past two years. Paul...
A new report has underlined that the transition to electric vehicles (EVs) is not running smoothly, largely because EV makers cannot produce vehicles with a price and performance that are comparable to traditional vehicles. The transition is further hampered by the...
BigRep, a global leader in large-format 3D printing solutions, is helping its customers to bypass traditional supply chains and produce large-scale parts for aircraft maintenance as the industry seeks to resolve supply chain issues. As most people are unfortunately...
As a result of its rapidly increasing ecommerce business in North America, PUMA found themselves quickly outgrowing their sole U.S ecommerce distribution center in Torrance, California. The solution to this problem was easy - build a new distribution center. While in...
Intel yesterday announced plans to expand silicone chip production in Europe, revealing that it is set to invest up to $88 billion (€80 billion) over the next decade to build new facilities in Germany, France, Ireland, Italy, Poland and Spain. Yesterday’s announcement...
The U.S. Department of Energy (DOE) has issued two notices of intent to provide US$2.91 billion in a drive to boost production of the advanced batteries that are critical to rapidly growing clean energy industries of the future, including electric vehicles and energy...
Intel, the California-based tech giant confirmed last week that it would spend $20 billion on a new semiconductor fabrication site just outside of Columbus, Ohio. According to the computer tech multinational, the new site is set to create 3,000 Intel jobs and will...
Japanese car manufacturing giant Toyota has warned customers that they might have to wait for up to four years for its new Land Cruiser SUV due to delays caused by Covid-19. These delays are, for the most part, related to a lack of workforce due to staff absences from...
Soft Robotics Inc., the industry-leading and award-winning technology company, have announced that they will be showcasing m GripAI for the first time in booth C-10866 at the International Production & Processing Expo ( IPPE ), Jan. 25-27, 2022, at the Georgia...
According to a report by the Census Bureau at the end of December, the U.S. goods and services gap rose by $13 billion to $80.2 billion from October to November, mainly due to more goods imports ahead of the holiday season. The latest figures, along with a record...
