Viwanda

Ford Motor Company has formally launched Ford Energy, a new wholly owned subsidiary focused on building container-sized battery systems for utilities and data centers. The move follows the company's December 2025 pivot away from certain EV plans and repurposes an underutilized Kentucky plant previously tied to an electric vehicle joint venture.

12 Mwezi wa tano, 2026 Imeripotiwa na AI

Industry Minister Khaled Hashem met a delegation from Türkiye’s Gürok Group to review plans for a new glass tableware factory in Egypt aimed at export markets.

Huawei and AIS have signed a Memorandum of Understanding to jointly develop local manufacturing of Grid-Forming Battery Energy Storage Systems (BESS) in Egypt. The alliance supports Egypt's renewable energy infrastructure and national industrial localization goals.

22 Mwezi wa nne, 2026 Imeripotiwa na AI

China's State Council unveiled a blueprint on Tuesday aiming to grow its service sector to 100 trillion yuan (US$14.7 trillion) by 2030, fusing software and steel to modernise advanced manufacturing and avert deindustrialisation. The plan spotlights 'producer services' such as specialised logistics, information technology and advanced research. Analysts say it will cultivate world-class Chinese brands and shore up the industrial backbone.

In the ongoing Strait of Hormuz crisis, which began over a month ago with US and Israeli strikes on Iran, the strait reopened briefly before closing again this week. Oil prices remain elevated at US$100-105 per barrel, hitting China's transport and manufacturing sectors. Companies are delaying or cancelling orders to shield consumers from higher costs.

9 Mwezi wa nne, 2026 Imeripotiwa na AI

Volkswagen will stop producing the ID.4 electric SUV at its Chattanooga, Tennessee factory after mid-April, retooling the line for the gasoline-powered Atlas SUV. The move follows a sharp drop in ID.4 sales after the US ended clean vehicle tax credits. The company maintains sufficient ID.4 inventory through 2027.