The group will increase investments in China, said Annika Olme, chief technology officer of SKF, adding the focus will be on localizing the complete value chain, encompassing production, procurement, ...
Leading tier 1 European suppliers have laid off more than 50,000 workers in 2024, more than during the COVID-19 pandemic, mainly attributed to electrification transformation woes and weak demand.
Dacia claims its new electric vehicle called the Spring, which has just gone on sale here priced from €16,990, is “the most affordable new electric car in Ireland”. But Hyundai might claim its Inster ...