Archer is making progress on its manufacturing capabilities, with plans to complete construction of a high-volume manufacturing facility in Georgia later this year.
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The outcome could potentially reshape the landscape of oil production in Guyana and have ripple effects throughout the global energy sector.
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Among the frontrunners for the CEO position is the 62-year-old Patrick Shanahan, currently serving as CEO of Spirit AeroSystems.
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Zypp Electric is expanding its workforce inclusivity by partnering with NGOs to onboard women and specially abled individuals.
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INDUSTRY NEWSLatest News
Lohum’s bold investment in next-gen Manganese-rich lithium-ion batteries
by Biplab Dasby Biplab DasThis ambitious plan aims to set up a capacity exceeding 20 GWh, marking a major milestone in India’s battery manufacturing industry.
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EU’s impending tariffs on Chinese-made EVs could significantly impact Chinese manufacturers’ expansion plans in Europe, prompting strategic reassessments.
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US electric vehicle manufacturers face ongoing challenges despite better-than-expected Q2 sales figures.
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INDUSTRY NEWSLatest News
EU faces internal divisions over proposed tariffs on Chinese EVs
by Biplab Dasby Biplab DasThe decision, which has significant economic and political ramifications, highlights the challenges Brussels faces in garnering unified support for its largest trade case to date.
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In his role, Srivastava will oversee organisational growth initiatives, with a primary focus on top-line profitability and loss responsibilities.
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China, ranked as the world’s second-largest aviation market, is anticipated to unveil its 2030 policy on SAF usage later this year.