manufacturing plant
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Hyundai to build Saudi car plant jointly with Saudi wealth fund
PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Total investment for…
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Lucid Group opens Saudi Arabia’s first-ever car manufacturing facility
Lucid Group which is setting new standards for the luxury electric experience with the Lucid Air, winner of the 2023…
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Tesla courts interest from Turkiye to India for next gigafactory
Tesla’s plan to expand its global manufacturing footprint has sparked a race among some countries to woo CEO Elon Musk…
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WEG opens motors plant in Turkiye and expands in Brazil
The Brazilian motor and drives manufacturer WEG has opened a plant in Turkiye to assemble electric motors and provide technical…
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Togg plans to manufacture 20,000 cars next year: CEO
Turkiye’s global technology brand, Togg plans on manufacturing 20,000 vehicles in 2023 at its plant, Gürcan Karakaş, its CEO has…
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Turkey to set up its first car battery manufacturing plant
Turkish-Chinese joint venture to manufacture 15 gigawatt hours of battery cell, module Turkey’s first car battery manufacturing plant is set…
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GM eyes investments of more than $4 billion in Michigan EV plants
General Motors is considering investing more than $4 billion in two Michigan plants to boost its electric vehicle production capacity,…
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