Tag: factory
TSMC To Build Second Japan Chip Factory, Raising Investment To $20 Billion
TSMC’s expansion in Kyushu is central to the Japanese government’s efforts to rebuild the country’s position as a leading chip manufacturing centre and ensure the stable supply of chips amid trade tensions between the United States and China. The decision to build a second fab is a vote of confidence by TSMC in Japan where construction of the first fab has run smoothly and which, Reuters has reported, it sees as a source of diligent workers with a government that is easy to deal with.
Read more of this story at Slashdot.
The All-Clad Factory Seconds Kitchenware Sale Is Back
Far-right terrorist blew up family kitchen after turning shed into weapons factory
Earnings Results: Wolfspeed stock slumps as revenue forecast disappoints after new factory opens
: Luminar stock surges as Chinese demand for LiDAR-equipped vehicles prompts factory expansion in Asia
Ford To Spend $1.3 Billion To Transform Canada Factory Into EV Manufacturing Hub
Ford also plans to add a 407,000-square-foot battery plant that will use cells and arrays from its BlueOval SK Battery Park in Kentucky. Workers will assemble the components into battery packs and then install them into EVs produced at the plant. “I’m most excited for the world to see the incredible next-generation electric and fully digitally connected vehicles produced in Oakville,” CEO Jim Farley said in a statement.
Read more of this story at Slashdot.
Elon Musk: Tesla to build new battery factory in Shanghai
Tesla is building a Megapack factory in Shanghai
Tesla is building a new battery factory in Shanghai. On Sunday, the automaker announced it would start construction on a new Megapack facility later this year. Once the plant is complete sometime before the second half of 2024, it will be capable of producing 10,000 Megapacks annually. Each container-sized battery can store enough energy to power about 3,600 homes for one hour. Tesla told Bloomberg it plans to sell the Megapacks it makes in China globally. The company has built Megapack installations in a few locations around the world, including Texas and South Australia.
Tesla opening Megapack factory in Shanghai to supplement output of Megapack factory in California https://t.co/hDpqoyNeOx
— Elon Musk (@elonmusk) April 9, 2023
Sunday’s announcement sees Tesla increasing its reliance on China at a time when the US is using economic policy to push automakers and other manufacturers to produce more of their products domestically. At the end of last month, the Treasury Department issued updated guidance detailing what electric vehicles qualify for the Inflation Reduction Act’s $7,500 EV tax credit. Under the updated rules, the department states companies must source the minerals in their car batteries from the US and other approved trading partners for the vehicles to qualify for the incentive. Separately, the Biden administration recently said CHIPS Act funding recipients would need to sign agreements promising they won’t expand production capacity in China.
This article originally appeared on Engadget at https://www.engadget.com/tesla-is-building-a-megapack-factory-in-shanghai-190151633.html?src=rss
Ex-Tesla Factory Worker Takes the Stand in Racial Discrimination Trial
An ex-Tesla factory worker took the stand following a lawsuit he filed against the company for racial discrimination from mid-2015 through 2016. Owen Diaz, a Black former escalator worker at the Tesla factory in Fremont, California claims he was subjected to racially discriminatory comments and actions from his…