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Auto Industry
Reuters
Oct 29, 2022, 10:18 AM
The declaration is not a finalised agreement and other locations, including the United Kingdom, remain under consideration for its Western European gigafactory, the company added in a statement, explaining that it plans to make a decision on the location before the end of the year.
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Reuters | Oct 29, 2022BMW Invests $1.7 Billion To Build Electric Vehicles In U.SBMW said it was making a new $1 billion investment in its Spartanburg, South Carolina plant to prepare for EV production and will spend $700 million on a new high-voltage battery assembly facility in nearby Woodruff, South Carolina, and create at least 300 jobs.2 mins read
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Reuters | Oct 29, 2022CGT Union Votes To Continue Strike At TotalEnergies' French RefineriesDespite the government requisitioning key refinery staff to get petrol flowing again, nearly a third of gas stations still have supply problems.1 min read
Reuters | Oct 29, 2022Oil Steady As Recession Woes Counter Positive Chinese SignalsChina's central bank rolled over maturing medium-term policy loans on Monday while keeping its key interest rate unchanged for a second month, in a signal that loose monetary policy would be maintained.2 mins read
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