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Canadian auto parts maker Magna International Inc plans to invest USD 790 million in three new supplier facilities, supporting Ford's second-generation electric truck production, aiming to meet surging demand for environmentally friendly vehicles. The investment will create up to 1,300 jobs, with production scheduled to begin in 2025.
Key Insights TI Fluid Systems' estimated fair value is UK£1.65 based on 2 Stage Free Cash Flow to Equity TI Fluid...
Ficci: The survey observed that after experiencing revival of the Indian economy in FY22, the momentum of growth has continued for the subsequent quarters as well. In the Q4 Jan-March FY23, 55% of the respondents reported higher production levels.
Fortum Charge & Drive: "Currently, we are in 16 cities and the target is to be present in 52 cities by 2025," GLIDA Executive Director Awadhesh Kumar Jha said.
South Korean company LG Electronics has set a target of KRW 100tn (USD 77bn) in sales by 2030 and plans to invest KRW 50tn, according to a company statement. The company also aims at becoming a global top 10 player in manufacturing vehicle components, as well as strengthening services on its home appliance and TV businesses that generate recurring profits, such as media subscriptions and rentals.