Vinfast EV plant in North Carolina remains unbuilt as firms eye vacant $4bn site Vinfast EV plant in North Carolina remains unbuilt; developers and local firms have shown interest in …
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Business
Hengyi Petrochemical builds largest coal-to-chemicals plant as Iran oil tensions rise
by Sato Asahiby Sato AsahiHengyi Petrochemical to build “world’s largest” coal-to-chemicals plant as oil supply worries grow Hengyi Petrochemical says it will build the world’s largest coal-to-chemicals plant to secure supply, citing national security …
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AESC sale: Chinese-owned AESC sells majority stake in U.S. battery plant to Fixx Energy amid tighter China-linked rules AESC sale: Chinese-owned Automotive Energy Supply Corp has sold a majority stake …
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Business
Bangladesh Loads Fuel into First Unit of Rooppur Nuclear Plant, Startup Months Away
by Sato Asahiby Sato AsahiBangladesh Begins Fuel Loading at Rooppur Nuclear Power Plant Bangladesh has started loading nuclear fuel into the first unit of the Rooppur nuclear power plant, a crucial step toward reducing …
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Business
Tesla Announces Intel Partnership for Terafab Plant Aiming One Million Wafers
by Sato Asahiby Sato AsahiMusk Names Intel Manufacturing Partner for Terafab, Aiming for 1 Million Wafers Monthly Elon Musk said Intel will be the manufacturing partner for Terafab, a Musk-led JV aiming to produce …
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EU Draft Urges Delay of Nuclear Plant Closures to Stabilize Energy Supply EU draft urges member states to avoid premature nuclear plant closures while easing surging energy prices and accelerating …
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Business
KazMunayGas to Take Over Karachaganak Gas Plant After Fallout with Eni and Shell
by Sato Asahiby Sato AsahiKazakhstan moves to install KazMunayGas and CITIC at Karachaganak gas plant after fallout with Eni and Shell Kazakhstan’s state-owned KazMunayGas and Chinese partner CITIC are set to take control of …
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Honda China production halt exposes lag in EV transition Honda’s China production halt for gasoline cars in June 2026 highlights weak sales and its struggle to keep pace with China’s …