[ad_1] WASHINGTON, April 24 (Reuters) – General Motors Co (GM.N) and Samsung SDI (006400.KS) are expected to announce as early as Tuesday that they plan to build a new joint-venture…
Tag: ELCO
Carrier nears over $12 bln deal for German manufacturer Viessmann – source
[ad_1] April 24 (Reuters) – Air conditioner maker Carrier Global Corp (CARR.N) is in advanced talks to acquire German industrial manufacturer Viessmann for more than $12 billion including debt, according…
Exclusive: Tesla readies export of Model Y to Canada from China
[ad_1] SHANGHAI, April 24 (Reuters) – Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will…
GE alleges Siemens Energy used stolen trade secrets to rig contract bids
[ad_1] NEW YORK, Jan 14 (Reuters) – General Electric Co (GE.N) accused a Siemens Energy AG (ENR1n.DE) subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying…
Exclusive: General Motors moves deeper into mining with EnergyX lithium investment
[ad_1] April 11 (Reuters) – General Motors Co (GM.N) on Tuesday said it will invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest…
Tesla to build Shanghai factory to make Megapack batteries
[ad_1] SHANGHAI, April 9 (Reuters) – Tesla Inc (TSLA.O) is opening a factory in Shanghai, capable of producing ten thousand Megapack energy product per year, to supplement output of Megapack…
South Africa fights to keep phone networks up as lights go out
[ad_1] Mobile operators spending millions on fuel, backup systems Added costs forcing diversion of capital from 5G, rural networks Rampant theft of batteries, generators driving up expenses Industry seeking relief…
Mainstream Renewable Power and Siemens bid in ScotWind leasing round
[ad_1] LONDON, July 30 (Reuters) – Renewable energy developer Mainstream Renewable Power and Siemens Financial Services (SIEGn.DE) said on Friday they jointly bid to build offshore wind capacity in the…
BMW bets on design and recycling, not mining, to lower battery costs
[ad_1] BMW not planning to take stakes in mines Building EVs spurs investment in recycling – CFO First quarter on track to hit annual margin target of 8-10% BERLIN, March…
Prysmian could extend investment plan if demand exists, CFO says
[ad_1] Energy business is Prysmian’s “cash cow” Sees annual capex around 500 mln euros in 2022-2025 Capex could be scaled back after 2025 if market slows down M&A activity to…