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China names new base for Nissan batteries

Thu, 10/26/2017 - 10:39 -- Xuan Zhong
China names new base for Nissan batteries

Zhenjiang in China is to be the new headquarters and production base for the now Chinese-owned Nissan electric vehicles batteries business, state media has reported.

The new Nissan batteries complex will be set up in the Zhenjiang New District in Jiangsu Province at a cost of around CNY12.5 billion ($1.9bn), according to China’s Xinhua News Agency.

 

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TBS Engineering to expand with new HQ

Mon, 10/09/2017 - 11:42 -- Xuan Zhong
TBS Engineering to expand with new HQ

UK-based lead-acid battery machinery maker TBS Engineering has unveiled plans to open a new “global HQ” in Gloucestershire as part of expansion plans.

TBS, the leading manufacturer of cast-on strap machines, told BBB construction work is under way on the GBP15 million ($19.7m) facility on the Gloucester Business Park— underlining the firm’s confidence in the lead-acid market.

 

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A123 cuts US jobs builds new HQ

Thu, 04/13/2017 - 09:43 -- Xuan Zhong
A123 cuts US jobs builds new HQ

US-based A123 Systems announced last Monday that it is building a new headquarters but cutting jobs in the US.

The lithium battery firm said it will invest $40 million in a new, consolidated corporate headquarters, manufacturing centre, and engineering base on 32 acres in Novi, Michigan, despite somewhat volatile US market for electric vehicles.

 

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