[ad_1] In 2022, the Central European nation overtook the US to become the world’s second-largest battery manufacturer, with an annual output of 73 gigawatt hours – more than double that…
Tag: Manufacturing industry
Germany sinks into recession – as UK avoids one
[ad_1] Joerg Kraemer, chief economist at Commerzbank, said: “The massive rise in energy prices took its toll in the winter half-year.” Claus Vistesen at Pantheon Macroeconomics said the recession was…
The German economic model has been destroyed by its own hubris
[ad_1] With that cut off, costs have soared, hollowing out the industrial base. Even worse, Germany complacently closed down its nuclear industry, and refuses to contemplate fracking (even though the…
Germany’s Volkswagen to cut thousands of jobs
[ad_1] It comes as Germany’s economy shrank in the three months to the end of September. The 0.1pc drop in output reported by the country’s statistics office came following high…
‘Bentley was left stunned by Sunak’s electric car about-turn’
[ad_1] Unsurprisingly, Mr Sunak’s announcement sparked confusion among Bentley’s 4,000 employees. The Bentley chief held a meeting with staff last week to “reassure them” and stress that the manufacturer was…
The airline parts scandal sparking panic and introspection in aerospace
[ad_1] Steve Borrowdale, managing director at Multiflight, a Leeds-based engineer and parts supplier, says sneaking parts into a jet engine is difficult. After vetting a seller for experience and approval…
India’s manufacturing PMI lowest in 5 months
[ad_1] India’s September manufacturing Purchasing Managers’ Index (PMI) hit the lowest in five months as goods producers noted a mild slowdown in growth primarily due to a softer increase in…
Generative AI in Manufacturing : A transformational alliance
[ad_1] Artificial intelligence (AI), in particular, Generative AI is emerging in various applications in retail and customer-facing businesses. Wherever extensive data is already available in the form of text, speech…
Saudi Arabia sets its sights on Britain’s military jewel
[ad_1] Oil pumps have long dotted Saudi Arabia’s desert landscape, but they could soon be joined by a raft of factories. Crown Prince Mohammed bin Salman wants to turn the country…
Only one thing is stopping Boeing from being permanently grounded
[ad_1] Early indications are that it was an isolated incident – but this is Boeing, after all, so regulators cannot afford to take any chances. It is reassuring that America’s…