Building technology company Plant Prefab has secured $42m via Series C and other funding to support its capacity expansion and increased multi-unit housing production.
South Korea-based Hyundai Motor and SK On intend to invest about KRW2.5tn ($1.88bn) to construct electric vehicle battery factory in the US, reported Reuters.
Kyoto, Japan-based motor maker Nidec has plan to invest about JPY100bn ($715m) to build a plant in Mexico to manufacture electric axles, which serve as the powertrains of EVs, reported Nikkei.
JDR Cable Systems (JDR), a part of the TFK Group, has broken ground on its £130m subsea cable manufacturing facility in Cambois, near Blyth, Northumberland, UK.
Ambient Photonics has broken ground on its 43,000ft2 low-light solar cell manufacturing facility in Scotts Valley, California, US.
Canoo has announced plans of a battery module manufacturing facility at MidAmerica Industrial Park in Pryor, Oklahoma, US.
Hyundai Motor Group Metaplant America (HMGMA) has broken ground on a new $5.54bn electric vehicle and battery manufacturing plant at Bryan County, Georgia, US.
Freyr Battery has signed an agreement with Hent for the development of its 120,000 m2 battery factory in Mo i Rana, Norway
Schneider Electric has broken ground on its $36.82m (Rs3bn) smart factory in Telangana, the southern state of India.
Adani Group has plans to invest $100bn over the next ten years in developing new energy and data centres.
Siemens Gamesa has broken ground on an expansion of offshore nacelle plant in Taichung, Taiwan.
Sumitomo Corporation has announced plans to build the world’s biggest electrical wiring harness manufacturing factory in Egypt, reported Zawya.
Khalifa Industrial Zone Abu Dhabi (KIZAD), which is owned by AD Ports Group, has signed a lease agreement with smart electric firm NWTN to establish an electric vehicle assembly facility.
Corning has plans to construct a new optical cable manufacturing plant in Arizona in the US, reported Reuters.
Japan's Honda Motor and South Korean battery supplier LG Energy Solution have plans to construct a $4.4bn lithium-ion battery facility for electric vehicles in the US, reported Reuters, citing sources.
Wihlborgs is set to begin construction of a new industrial facility at Tomaten 1 in Hasslanda in Lund, Sweden.
Erith Group is constructing a production facility for sealing products at the Al Hamra Industrial Area in Ras Al Khaimah, UAE, reported TradeArabia.
China's CATL announced its plans to construct €7.3bn ($7.6bn) battery manufacturing facility in Hungary.
Intel is close to signing an initial $5bn deal with Italy to construct an advanced semiconductor packaging and assembly plant in the country, Reuters reported, citing two sources familiar with the discussions.
LG Energy Solution (LGES), a South Korean firm that supplies electric vehicle batteries to automakers, is scouting for sites in Europe to build a new electric vehicle battery plant, reported Reuters.