Volvo Trucks opens battery plant in Belgium

Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks’ full electric heavy-duty trucks. “This investment shows our strong commitment to electrifying truck transportation. By 2030, at least 50 percent of all trucks we sell globally will be electric and by 2040, […]

SME Selects Manufacturing Leaders for 2022 International Honor Awards

  SOUTHFIELD, Mich. — SME, the professional association connecting manufacturing professionals, academia and communities from all disciplines, has announced its 2022 International Honor Award recipients. These seven leaders, from industry and academia, are recognized for their contributions in the areas of manufacturing technologies, processes, technical writing, education, research and management, and service to SME. For […]

China-Based IC Production to Represent 21.2% of China IC Market in 2026

Foreign companies (e.g., Samsung, SK Hynix, TSMC, etc.) are expected continue to comprise more than 50% of IC production in China through 2026 IC Insights’ 112-page May 2Q Update to The McClean Report 2022 is now available for subscribers to download.  It includes a current outlook for the 2022 global economy, detailed market, unit shipment, […]