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Capital Expenditure

Air India to Boost Cargo Operations, Aims to Triple Carrying Capacity in 5 Years

Air India to Skyrocket Cargo Ecosystem. (PTI file)Air India to boost cargo operations by 300 percent with Airbus and Boeing wide-body aircraft orders. Expanding global reach and tech integration for efficiency.Air India is all geared up to revamp its freight and cargo operations with an impressive plan to enhance its cargo-handling capacity.Wide-body aircraft from aviation giants Airbus and Boeing will soon be delivered to the Tata group airline, providing a huge boost. A whopping 70 wide-body planes, including 34…

Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push

GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S. GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

U.K. Clinches $5 Billion EV-Battery Plant as Race for Green Investments Heats Up

The move by the owner of Jaguar Land Rover throws a lifeline to Britain’s industry, which has a patchy record in the global race to secure green-tech investments. The move by the owner of Jaguar Land Rover throws a lifeline to Britain’s industry, which has a patchy record in the global race to secure green-tech investments. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Foxconn to Look for New Partners for India Chip Foray

Taiwan phone manufacturer remains confident of the country’s plans to become a player in the semiconductor supply chain. Taiwan phone manufacturer remains confident of the country’s plans to become a player in the semiconductor supply chain. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

NBCUniversal Says Group Black to Sell Ads on Its Peacock Streaming Service

Group Black, which invests in Black-owned media companies, will keep the majority of revenue from ads it sells through new NBCUniversal deal. Group Black, which invests in Black-owned media companies, will keep the majority of revenue from ads it sells through new NBCUniversal deal. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

Israel's Netanyahu Touts Expanded Investment by Intel

The prime minister’s announcement comes amid protest from the country’s tech industry over his plan to overhaul Israel’s judiciary. The prime minister’s announcement comes amid protest from the country’s tech industry over his plan to overhaul Israel’s judiciary. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

U.S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China

Top semiconductor manufacturers would be allowed to maintain and expand their existing operations in China without U.S. reprisals. Top semiconductor manufacturers would be allowed to maintain and expand their existing operations in China without U.S. reprisals. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

GM, Hyundai Tap South Korean EV Battery Makers to Build U.S. Plants

HONG KONG— General Motors Co. and Hyundai Motor Group each announced new investments to produce electric-car battery cells in the U.S. in joint ventures with different South Korean battery makers. General Motors and Samsung SDI Co. announced Tuesday that they are planning to invest more than $3 billion in a battery-cell factory that would begin operating in 2026. The location of the plant wasn’t disclosed but the cells will support GM’s EV capacity in North America, Chief Executive Mary Barra said.…

Volkswagen Pivots to North America as Europe Loses Its Shine

Volkswagen AG , Europe’s largest car maker, said Friday that it would invest more than $5 billion in its planned battery-cell factory in Canada, making it the company’s largest in the world and creating thousands of jobs. The move is part of a strategic pivot to capture a bigger share of U.S. electric-vehicle markets, driven by attractive subsidies, Europe’s ponderous bureaucracy and uncertain economic prospects, and the need to diversify away from China. The plant will be built and operated by VW’s…

South Korea’s LG Energy to Build $5.6 Billion Battery Plant in Arizona

SEOUL—South Korea’s LG Energy Solution Ltd. 373220 -1.04% said it would invest about $5.6 billion in a battery-manufacturing complex in Arizona, the latest in a string of new plants by foreign companies as the U.S. transitions toward cleaner fuels. LG Energy said Friday that the new battery complex in Queen Creek, Ariz., will mainly serve electric-vehicle makers in North America. The amount is about four times larger than…