In light of the sluggish electric vehicle (EV) market and uncertainties following Donald Trump's re-election, LG Energy Solution (LGES) will acquire all shares of the battery plant...

Fanuc America, a subsidiary of Japan-based Fanuc, has completed construction of its new West Campus facility in Auburn Hills, Michigan. This marks Fanuc's second US facility since...

After a two-month pause on its battery project in Michigan, Ford said it has scaled back the plan and is ready to proceed. The battery factory, which will license CATL's technology,...

Excellence Optoelectronics (EOI), a Taiwanese manufacturer of LED vehicle lighting modules, anticipates a return to profitability in the first quarter of 2024 when its new US plant...