A study shows that, without guarantees from European governments, #greenhydrogen imports from #Africa are not competitive because the financing costs for #productionfacilities are much higher than previously assumed: http://go.tum.de/179004
📷iStock/Lorado

Green hydrogen from Africa much more costly than previously assumed
African locations can only become competitive for the export of green hydrogen to Europe with purchase and price guarantees.

US FDA Begins Inspection of Samsung Biologics' Production Facility in Incheon Songdo
US FDA initiates inspection of Samsung Biologics' production facilities in Incheon Songdo, focusing on Plants 3 and 4 as part of expanded overseas facility checks
Yonhap Infomax
Hanwha Solutions - 'U.S. Production Facilities Allow Flexible, Effective Tariff Response' (Comprehensive)
Hanwha Solutions confident in U.S. market position with local production facilities, expects profitability boost from rising module prices and effective tariff response
Yonhap Infomax
Amorepacific Plans US Production Facility Investment to Counter Tariffs
Amorepacific accelerates US production facility plans to counter tariffs, with CEO discussing contingency strategies and investment timeline amid US-China trade tensions
Yonhap Infomax... strike at targeted assembly plants run by Ford, General Motors and Jeep maker Stellantis. The contract dispute ended last week with workers at all ...
Ford Motor Co. is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers union#Strikes #Business #Productionfacilities #Electricvehicles #USnews #Generalnews #Article #105065519
Ford to resume building EV battery plant delayed by strike, but scale it back

Ford to resume building EV battery plant delayed by strike, but scale it back
Ford Motor Co. is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers union
ABC News... general wage increase ... About 32% of the union's 146,000 members at the automakers are now on strike and getting by on $500 per week in strike pay.
The United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers.#Strikes #Autoindustry #Laborunions #FordMotorCo #Productionfacilities #Generalnews #AutoworkersstrikesFordGeneralMotorsStellantis
UAW reaches tentative contract agreement with Ford

UAW reaches tentative contract agreement with Ford
The United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers. The four-year deal still has to be approved by 57,000 union members at the company. It could bring a close to the union’s series of strikes at targeted factories run by Ford, General Motors and Jeep maker Stellantis. The Ford deal could set the pattern for agreements with the other two automakers, although no other agreements were announced Wednesday.
AP NewsA strike by autoworkers against General Motors is expected to cut the automaker's pretax earnings by $800 million this year, and another $200 ...
A strike by autoworkers against General Motors is expected to cut the automaker's pretax earnings by $800 million this year, and another $200 million per week after that. That's according to the company’s chief financial officer.#GeneralMotorsCo #PaulJacobson #UnitedAutoWorkers #Strikes #Productionfacilities #Generalnews #GeneralMotorsnetincomestrikelosses
Autoworkers strike cuts into GM earnings, company sees further loses if walkouts linger

Autoworkers strike cuts into GM earnings, company sees further loses if walkouts linger
A strike by autoworkers against General Motors is expected to cut the automaker's pretax earnings by $800 million this year, and another $200 million per week after that. That's according to the company’s chief financial officer. And those figures just include factories that are on strike now by the United Auto Workers union. So if more plants are added, the losses will pile up further, CFO Paul Jacobson told reporters. His statements came as GM reported Tuesday just over $3 billion in net income from July through September, a figure that was 7% below a year ago due to lost production from the strike and increased warranty costs. But the results soundly beat Wall Street estimates.
AP News