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electric vehicle boom: The electric vehicle boom is pay-dirt for factory machinery makers - Vimarsana News

electric vehicle boom: The electric vehicle boom is pay-dirt for factory machinery makers

The good times for the makers of robots and other factory equipment reflect the broader recovery in U.S. manufacturing. After falling post-COVID to $361.8 million in April 2020, new orders surged to almost $506 million in June, according to the U.S. Census Bureau.

The electric vehicle boom is pay-dirt for factory machinery makers - Vimarsana News

The electric vehicle boom is pay-dirt for factory machinery makers

DETROIT — The investment surge by both new and established automakers in the electric vehicle market is a bonanza for factory equipment manufacturers that…