Hyundai Motor to shut South Korean parts plants in pivot toward EVs

Hyundai Motor to shut South Korean parts plants in pivot toward EVs By Reuters – Canada Boosts

© Reuters. A person walks previous the brand of Hyundai Motor throughout the 2019 Seoul Motor Present in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji/File Photograph SEOUL (Reuters) – Hyundai Motor (OTC:) stated on Thursday it plans to cease operations at two components forging crops in South Korea subsequent 12 months because the automaker…

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Palo Alto Networks maintains sales outlook, raises EPS forecast despite billings cut

AEM secures £23 million for sustainable EV motor production By Investing.com – Canada Boosts

© Reuters. ENGLAND – Superior Electrical Machines (AEM), a pioneering agency primarily based in England’s industrial northeast, has secured a major £23 million in Sequence A funding. This monetary increase, led by Authorized & Basic Capital and Barclays Sustainable Affect Capital, is earmarked to reinforce the corporate’s North East manufacturing facility. The funding will enable…

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