Thursday 9 May 2024
Alat fund of Saudi Arabia poised to cut China ties for US chips and AI
Saudi Arabia's Alat Fund is prepared to sever ties with China if requested by the United States, following a similar move by UAE's G42.
Wednesday 24 April 2024
Battery information sharing among Japan, EU, US aims to cut reliance on Chinese materials
Japan and the European Union have agreed to collaborate on a scheme to share information about battery material production locations and the supply chain. The move will help the two...
Monday 22 April 2024
Nissan adopts Giga-casting to cut EV costs, will soon launch all-solid-state battery pilot line
Nissan Motor said it will leverage the Giga-casting technique to produce its next-generation EVs and rapidly reduce costs. The automaker recently also invited media members to check...
Thursday 18 April 2024
Toshiba cut 5,000 jobs to fuel digitalization and AI
Japan-based manufacturing giant Toshiba is undergoing a significant restructure following its delisting in December 2023.
Tuesday 16 April 2024
Tesla will reduce over 10% global headcount as it awaits the next growth driver
Citing costs and productivity, Tesla informed its employees on April 15 that it plans to cut 10% of its workforce worldwide. The news came after Tesla reported a decreased delivery...