General

Jaguar Land Rover-owner to pick UK over Spain for giant car battery plant

It is anticipated that the leader of Tata Group, which owns Jaguar Land Rover, will travel to London in the upcoming week to conclude the agreement. According to experts within the automobile sector, this factory could be regarded as one of Britain’s most noteworthy investments in automotive since Nissan Motor Corporation arrived in England during the 1980s. Insiders with knowledge of the situation reveal that, even though the contract has not been finalized, discussions have progressed to outlining and planning how to unveil this significant deal. The Bridgwater site near the M5 could potentially provide employment for around 9,000 people. The UK government has recognized that immediate action is necessary to establish electric vehicle battery manufacturing in the country, in order to ensure longevity of the automobile industry. #manufacturing #automotive #employment #investments #electricvehicle #automotiverecruitment   Source: https://www.bbc.co.uk/news/business-65698529

Great news in the world of semiconductors!

The German cartel office has given the green light for Bosch, Infineon Technologies, and NXP Semiconductors to acquire stakes in TSMC’s new semiconductor plant in Dresden, Germany. Each of these renowned companies is set to…