The Reggio Emilia financial police are investigating an attempted aggravated fraud against the state against Silk-Faw, the Sino-American joint venture of electric luxury sports hypercars. This was reported by the Resto del Carlino of Reggio Emilia which gave news of a blitz by the Fiamme Gialle in the offices of Invitalia in Rome. In fact, […]
Tag: investment
Volkswagen invests 180 billion, focuses on e-car and digital
The Volkswagen group is planning an investment of 180 billion euros between 2023 and 2027 targeting the “most attractive” areas and sectors with more than two-thirds, 68%, of resources allocated to electrification and digitalisation. This is what can be read in a note from the automotive group where it is underlined that in these sectors […]
High-tech production line for Renault Austral
PHOTO For a high-tech vehicle with the new Renault Austral, even the plant where it is manufactured has been adapted to the fast-paced future. The investments made in the Palencia plant in Spain, where Austral is built and where the production of the Espace will soon also land, make it possible to guarantee top-level production […]
T&E, half gigafactory projects in Italy at risk
Nearly half (48%) of Italy’s planned lithium-ion battery production today risks being delayed, scaled back or even cancelled. This situation is mainly determined by the Inflation Reduction Act (IRA), the law approved by Washington to attract the production of green technologies. This is supported by a new analysis by the NGO on sustainable transport Transport […]
New traffic barrier installed on the Basentana
The works for the installation of the new latest generation traffic divider on an eight kilometer stretch of the “SS 407 Basentana” road between the Ferrandina and Pisticci areas (Matera) were completed 20 days ahead of schedule. ): the Anas press office gave the news. The works, for a total investment of approximately 7.5 million […]
Stellantis: 155 million dollars in Indiana factories
Stellantis to invest $155 million in three facilities in Kokomo, Indiana, for the production of new electric drive modules (EDMs) that will enable to power electric vehicles assembled in North America to achieve the goal of covering 50% of sales in the US with Battery Electric Vehicles by 2030. With more than 25 battery electric […]
Paid parking in Bologna smarter, with half the parking meters
Fewer parking meters positioned around the city, but easier to use. From March 1st, the payment method for parking on the blue lines in Bologna has changed. It will no longer be necessary to place the ticket on the dashboard of the car, just type the license plate on the parking meter, pay by credit […]
Electra Vehicles raises $21 million
The American Electra Vehicles, active in artificial intelligence for electric mobility, has closed a 21 million dollar investment round led by United Ventures. This can be read in a note in which it is indicated that the Stellantis Ventures fund, set up last March by the homonymous group to drain investments in innovation, and existing […]
Piaggio launches new investment plans in Vietnam
Piaggio, which is present in Vietnam with a plant in the northern province of Vin Phuc, yesterday received the go-ahead from the local authorities to increase its investment to 165 million dollars, from the current 90. The company started building a factory in Binh Xuyen Industrial Park in October 2007, and started production and assembly […]
The Space Economy is growing, Italy ready to take off
The Italian Space Economy is ready to take off: thanks to a 2022 of consolidation, which saw the Earth Observation services market reach the value of 200 million euros with 144 active companies, the foundations have been laid for a further growth of the entire supply chain in the coming years, with a greater involvement […]