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Article
PSA and CK Birla to start joint production operations in India
Carlos Tavares, chairman of the managing board of PSA Group (left), and CK Birla, chairman of the CK Birla GroupFrench carmaker PSA Group and India’s CK Birla group have revealed plans to invest an initial €100m ($107m) for the production of vehicles and powertrains in the state of Tamil ...
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Article
Tesla to build Model 3 powertrains in Nevada
Electric car manufacturer Tesla plans to invest $350m in its ‘gigafactory’ in Nevada to allow it to manufacture the drive units for its newest product, the Model 3. In his annual ‘state of the state’ address last week, Nevada governor Brian Sandoval announced the planned investment and said it would ...