Industries | SupplyChainBrain

Industries: Page 253

Lithium Shortages Could Hand Salt a Starring Role in EV Shift
BloombergNEF expects sodium to take market share from the cheapest, lowest-range end of the Chinese car market, potentially displacing 272,000 tons of demand for lithium by 2035.
Photo: Krisztian Bocsi/Bloomberg
Mercedes-Benz Strikes Supply Deal with H2 Green Steel
Besides supplying European facilities with 50,000 tons of green steel annually, the two sides signed an MoU for the potential supply of green steel in North America too.
Berlin, Germany. August 29, 2018. Photo: iStock.com/franz12
WE Soda Presses Ahead with U.K. IPO, Likely to Be London’s Biggest Listing of 2023
The organization said indirect net proceeds from the offering are expected to be about $800 million while the company could reportedly seek a $7.5 billion valuation.
London, U.K. Tuesday, March 14, 2023. Photo: Hollie Adams/Bloomberg
Chinese Groups Lead Bids for Ford’s German Site as Tensions Rise
One of the bids comes from BYD Co. while another was made by several smaller Chinese car companies, according to people familiar with the situation.
The Ford factory in Saarlouis, Germany. Photo: Krisztian Bocsi/Bloomberg
GM and POSCO Future M Investing $1bn in North American EV Battery Supply Chain
The Ultium CAM joint venture will reportedly support the annual production of 360,000 Chevrolet, Cadillac, GMC, Buick and BrightDrop vehicles in North America from 2025 to 2030.
Photo: iStock.com/PhonlamaiPhoto
Watch: How Retailers and CPG Companies Are Deploying AI
Artificial intelligence is enhancing the operations of retailers and consumer goods manufacturers, says Sivakumar Lakshmanan, chief executive officer of Antuit.AI, a Zebra Technologies company.
Sivakumar Lakshmanan
How Automated Tax Compliance Can Improve Supply Chains
Despite all the different channels that retailers are selling from, the customer still expects a consistent buying experience, and one aspect of that is sales tax.
Photo: iStock.com/Phira Phonruewiangphing
Germany Nears $5.2bn Deal to Build Submarines in India
Thyssenkrupp AG’s marine arm and India’s Mazagon Dock Shipbuilders Limited are expected to jointly bid for the project worth an roughly $5.2 billion.
Thyssenkrupp Marine Systems exhibit at the Berlin Security Conference in Berlin, Germany on Nov. 30, 2022. Photo: Bloomberg
Centific Launches Pitaya.AI SaaS Platform
Pitaya.AI will be able to address stealing by preventing theft at cashier-assisted and self-checkout lanes often found in retail stores.
Photo: iStock.com/greenbutterfly
Toyota Indus Halts Production Due to Supply Chain Issues
In an official notice sent to the Pakistan Stock Exchange, Toyota Indus said it would shut down production from June 3 through June 8, 2023.
Toyota Highlander. Philadelphia, Pennsylvania. March 11, 2018. Photo: iStock.com/helen89
Saudi Arabia to Reduce Global Oil Supply Contributions
Starting July 2023, Saudi Arabia will begin cutting back its contributions to the global oil supply by at least 1 million barrels a day.
Photo: iStock.com/tifonimages
Scan Global Logistics Acquires ETS Transport & Logistics
The acquisition will add scale to SGL’s operations while increasing Scan Global's workforce to at least 100 experienced logistics professionals.
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