[ad_1] March 22 (Reuters) – U.S. companies borrowed 11% more in February than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday.…
Tag: ELCO
Volkswagen to invest in mines in bid to become global battery supplier
[ad_1] BERLIN, March 17 (Reuters) – Volkswagen (VOWG_p.DE) plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to…
Volkswagen picks Canada for first battery cell plant outside Europe
[ad_1] Move comes shortly after Scout plant announcement Plant in Canada can also qualify for IRA subsidies BASF also picked Canada for EV battery materials plant WOLFSBURG, Germany, March 13…
Exclusive: Chip equipment maker ASML’s suppliers eye Asia plants outside China amid tensions
[ad_1] HANOI/AMSTERDAM, March 10 (Reuters) – Suppliers to Dutch chip-making machines giant ASML Holding NV (ASML.AS) are considering building plants in Southeast Asia instead of China amid political tensions between…
Apple supplier Foxconn replaces iPhone business chief- Bloomberg News
[ad_1] Jan 17 (Reuters) – Taiwan’s Foxconn (2317.TW) has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported…