
Ford's $28,000 Fathom EV nears production after $2 billion factory overhaul
Ford said its Fathom electric truck, priced at $28,000, will enter prototype production at the overhauled Louisville Assembly Plant in Q1 2027.
Stories tagged “Manufacturing.”
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Ford said its Fathom electric truck, priced at $28,000, will enter prototype production at the overhauled Louisville Assembly Plant in Q1 2027.

The company owning Raleigh, a historic Nottingham bicycle manufacturer, has begun insolvency proceedings, potentially marking the end of a brand that once employed 8,000 people.

Nearly a third of British manufacturers experienced a cyber-attack in the past year, leading to lost production time and increased costs, according to a MakeUK survey. Only half of these companies have a plan to respond to such incidents, despite the growing threat.
Italy’s record-low Po River forces farmers to weigh crop switch
Italy's Po River is experiencing a record-low water level due to drought, forcing farmers to rethink their crops and adapt to the changing climate.

This week, several startups raised significant funding rounds, including Hadrian, Base Power, and Valar Atomics, which secured financings of $1 billion or more. Other companies in sectors such as AI, e-commerce, cybersecurity, biotech, and mining also announced sizable ne…

Hwatsing Technology, a leading Chinese chip equipment maker, has announced a breakthrough in wafer polishing metrology for six-inch wafers, a critical step in semiconductor manufacturing.

Accell Group, which owns Raleigh bike brand, has started insolvency proceedings due to failing to find a buyer. The company was bought in 2012 for $100m by Accell, ending 125 years as a British-owned company.

Hefei, China, is rapidly developing an embodied intelligence industry, establishing a large training ground where 83 robots learn real-world tasks using vast datasets, preparing them for diverse applications from industrial production to retail.

Chinese PCB maker Victory Giant Technology is investing at least US$444 million to build a new "AI high-end electronic circuit smart manufacturing" facility in Huizhou, expanding its capacity to meet surging global demand for AI hardware components. The company, a supplie…

Accell, the Dutch parent company of iconic Nottingham bike manufacturer Raleigh, has initiated insolvency proceedings after exhausting all financial options.
NCDMB opens 10th national undergraduate essay competition
The Nigerian Content Development and Monitoring Board (NCDMB) has launched its 10th annual National Undergraduate Essay Competition, inviting students to propose ideas for strengthening local content development.

China's top chip-tool maker, AMEC, reported a preliminary first-half profit surge of nearly 282% to 311%, reaching at least 2.7 billion yuan (US$400 million), driven by robust domestic demand for semiconductors.
India's Finance Minister Nirmala Sitharaman has introduced a bill proposing significant tax law amendments, including a ban on charges for notified digital payment modes and tax exemptions for foreign investors in government securities.

UK manufacturing growth picks up as Trump tariff chaos eases. Factories in upbeat mood despite fears over economic impact of US war on Iran, poll finds.
Automakers extend plant suspensions after Kumamoto quake
Automakers are prolonging plant suspensions following last week’s major earthquake in Kumamoto Prefecture, with the impact spreading beyond the Kyushu region. Toyota Motor, Nissan Motor and Daihatsu Motor extended the suspension periods of plant operations and the product…

India plans to expand water metro systems nationwide, using Kochi's model as a blueprint, but experts emphasize the need for a dedicated law, national policy, and robust domestic manufacturing capacity.

Serenity Holdings, a Japanese company, is aggressively acquiring and integrating mid-sized and small manufacturing companies, with a focus on the automotive industry. The company's goal is to become a $100B company by 2029, with a focus on long-term ownership and operatio…

The Electronics Development Fund (EDF) has backed 128 startups and companies, which have collectively raised ₹22,553.82 Cr. The fund has invested ₹257.77 Cr across eight SEBI-registered daughter funds, which have invested ₹1,335.77 Cr in these startups.
Refined Fuels, Not Crude, Are Driving the Oil Market Crunch
The oil market is experiencing a crunch due to refined fuels, not crude oil. Refined fuels such as gasoline and diesel are in high demand, leading to a shortage and driving up prices. This has resulted in a significant increase in the cost of transportation and other esse…

The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for July, showing improved business conditions and accelerated growth of manufacturing activity.
China’s Rare Earth Strategy Is Forcing a U.S. Manufacturing Revolution
China's rare earth strategy is forcing a U.S. manufacturing revolution by limiting the supply of these critical materials, which are essential for the production of advanced technologies. The U.S. is responding by investing in domestic production and reducing its reliance…

Six Nigerian governors, led by Vice President Kashim Shettima, visited Benin Republic's Glo-Djigbé Industrial Zone (GDIZ) to learn practical lessons for reviving Nigeria's textile industry and strengthening domestic manufacturing.
NCDMB commends Brentex on $50m steel pipe facility, assures of industry patronage
The Nigerian Content Development and Monitoring Board (NCDMB) has lauded Brentex Petroleum Services Limited for its $50 million steel pipe facility in Rivers State, assuring industry patronage.

IPO-bound Zetwerk has raised ₹500 Cr in a pre-IPO funding round from Bharat Value Fund at a valuation of about $4 Bn, sources told Inc42. The funding comes days after SEBI cleared Zetwerk's IPO, strengthening its balance sheet ahead of its planned public listing.
Eric Trump-backed Foundation Future Industries is partnering with AMD to develop humanoid robots for military and industrial use. The robots will be powered by AMD's Ryzen AI Embedded X100 Series processors.

Pakistan has invited Samsung to make the country a regional hub for manufacturing, refurbishing, and exporting mobile phones. The invitation was extended during a meeting between Commerce Minister Jam Kamal Khan and a delegation led by Samsung Pakistan’s country head at t…

US Democratic lawmakers have proposed a new bank to boost US manufacturing, funded by tariffs on China. The Industrial Bank for American Manufacturing Act would provide grants, loans and investments to smaller businesses.
India’s Solar Push Idles Factories Unable to Shake Reliance on China
India's solar panel manufacturers are forced to shut factories due to a shortage of domestic components, threatening thousands of jobs and investment of nearly $4 billion.
The Metals Selloff Is Creating New Winners And Losers
The ongoing metals selloff is creating new winners and losers in the commodities market. The recent escalation of the US-Iran conflict has driven up oil prices, benefiting oil-producing countries and companies. However, the increased costs of oil are also affecting other …
Reps urge FG to adopt drone industrialisation policy to boost defence manufacturing
Nigeria's House of Representatives has urged the federal government to adopt a National Drone Industrialisation Policy to strengthen the country’s defence manufacturing capacity and reduce reliance on imported unmanned aerial vehicles (UAVs). This move aims to address per…