The operations of domestic automobile manufacturers may get further impacted if the lockdown in several cities of China, including Shanghai, to check Covid-19 infections gets prolonged.

The next commodity supercycle could start and end with Chinese graphite, the single most important battery material right now in terms of supply and demand.

In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.

The revolution of the North American automotive industry is in progress with the growing demand for battery electric vehicles (BEVs), and SKF is well-positioned to support the industry's growth goals.

The revolution of the North American automotive industry is in progress with the growing demand for battery electric vehicles (BEVs), and SKF is well-positioned to support the industry's growth goals.

The machine tool industry has a historic chance of growth due to the shift to electric vehicles and demand for localised manufacturing, as per the head of the biggest Taiwanese machine tool company.

Disruption in the global supply chain has opened up opportunities for large-scale manufacturing in India, aided by significant policy initiatives.

Around 10 million less vehicles were produced in 2021 as a result of supply chain issues, market intelligence group LMC Automotive has revealed.

Carmaker Stellantis announced a strategy to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will bring in $22.6 billion in annual revenue by 2030.