Industries | SupplyChainBrain

Industries: Page 207

Ecopro, Samsung Ink Massive $34B Battery Deal Despite EV Slump
The Cheongju, South Korea-based firm inked a contract December 1 with Samsung to supply cathode-active materials worth 43.8 trillion won ($33.5 billion) between 2024 and 2028.
Munich, Germany. Photo: Krisztian Bocsi/Bloomberg
New U.S. Rules Could Make It Harder to Qualify for EV Tax Credits
The White House said that it hopes the new rules will encourage the development of auto industry supply chains in the U.S.
Indianapolis, Indiana. March 2022. Photo: iStock.com/jetcityimage
Mars Responds to Child Labor Accusations
The investigation found children as young as five years old using machetes to harvest the cocoa beans that ended up in some Mars products.
Photo: iStock.com/Samohin
Japan Plans to Stop Building Unabated Coal Power Plants
The promise aligns with commitments made by the Group of Seven (G7) developed nations to bring an end to unabated coal-fired power generation as soon as possible.
Photo: iStock.com/kamilpetran
OPEC+ Agrees on Deeper Output Cuts to Avoid Renewed Surplus
Members of the group agreed to make 1 million barrels a day of additional oil-supply cuts at a November 30 meeting, delegates said.
Vienna, Austria. Photo: Bloomberg
Bed Bath & Beyond Suing MSC for $300M
Bed Bath & Beyond wants MSC to pay roughly $150 million for damages as well as an equal sum for what the company described as exploitative and coercive behavior.
Noblesville, Indiana. Photo: iStock.com/jetcityimage
Podcast | Can Smaller E-tailers Match Amazon’s Same-Day Service?
When it comes to same-day delivery, Amazon has set the bar high. Is it realistic for smaller e-tailers to match that promise?
Photo: iStock / Tevarak
Why the Information and Communications Tech Industry Is Poised for Rapid Growth
This has been a challenging year for the multi-trillion-dollar information communications technology industry. Now, however, it looks like the downturn is behind us, and growth is predicted in the near term.
Image: iStock.com/urfinguss
Ford Estimates UAW Labor Deal Will Cost $8.8B
Ford and GM were forced to cut their full-year profit forecasts due to lost production from the six weeks of strikes at the companies’ U.S. plants.
Photo: iStock / BalkansCat
Transatlantic Flight Powered by Alternative Fuels Lands in U.S.
Of the two types of alternative fuels used for the flight, 88% were derived from waste fats while the remaining 12% came from U.S.-based corn production waste.
Manchester, U.K. Photo: iStock.com/EdithRum
Nio and Geely Sign Battery Swapping Agreement
Geely is the second car manufacturer to sign a battery swapping deal with Nio, who is also working with Changan Automobile.
An electric SUV car using a battery swapping station. Image: iStock.com/Chesky_W
Walmart Increasing Imports to the U.S. from India
Walmart shipped 25% of its U.S. imports from India between January 2023 and August 2023, up from just 2% in 2018.
Walmart Storefront I Stock 1205217071
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