Factory
EV maker Lion Electric wins temporary creditor relief, halts US factory
ELECTRIC bus manufacturer Lion Electric is temporarily laying off about 400 workers and halting operations at its Illinois factory to save cash after receiving a short-term lifeline from its...
GM plans layoffs of two-thirds of workers at Kansas factory
GENERAL Motors (GM) said it will temporarily lay off two-thirds of the workers at its Fairfax assembly plant in Kansas as it prepares the facility to begin production of...
Kirin-backed Indian brewer seeks more clout with new factory
AN Indian craft brewer backed by Japan’s Kirin Holdings wants to overtake entrenched global brands by building a US$70 million beer factory and raising fresh funds ahead of a...
VinFast delays launch of US factory, revs up debut of Asian plants
Its move comes amid a price war in the EV market and the rise in China-made EVs, among other factors. But analysts say the pivot is financially prudent[HO CHI...
Thailand lands BYD’s first EV factory in South-east Asia
[Rayong, Thailand] China automaker BYD on Thursday (Jul 4) opened its first overseas production plant in Thailand – the company’s first in South-east Asia – with the aim of...
BYD opens EV factory in Thailand, first in South-east Asia
BYD opened its first electric vehicle plant in Thailand on Thursday, the auto maker’s first in Southeast Asia.“BYD is using Thailand as a production hub for export to Asean...
China’s BYD opens EV factory in Thailand, first in South-east Asia
[RAYONG, THAILAND] Chinese automaker BYD on Thursday (Jul 4) opened its first overseas production plant in Thailand – the company’s first in South-east Asia – with the aim of...
Singapore stocks inch up on Wednesday as May factory output beats forecasts
SINGAPORE stocks ended slightly higher on Wednesday (Jun 26), as the city-state’s factory output data beat forecasts in May.
The benchmark Straits Times Index (STI) rose 0.2 per cent or...
