IBT Staff Reporter

1711-1740 (out of 154944)

Global Manufacturers See Chip Shortage Easing

Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle for components.

Ford To Buy Cheaper CATL EV Batteries To Catch Tesla

Ford Motor Co on Thursday said it will import lower-cost lithium iron batteries for its North American electric pickup trucks and SUVs from Chinese battery champion CATL, as it works on a broader alliance with CATL and an array of separate deals to secure battery and battery materials into the next decade.

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