BASF will arrange the recycling process for lithium-ion batteries produced by the group on its vans, buses and trucks, including the collection, packaging, transporting and recycling processes in European countries.
South African companies need to reduce their reliance on supply chains affected by conflict and prioritize domestic sourcing, production and distribution, PWC said.
While the White House is monitoring the discussions, there’s no indication yet of what steps the Biden administration would take in response to complaints about Boeing.
Trucking operators have been slow to invest in the vehicles because of concerns about cost and durability and a lack of battery-charging infrastructure to support trucks on long hauls.
The vessels are designed to flex between methanol and conventional diesel bunker fuel and will include technologies such as optimized hull form, waste heat recovery systems and bow windshield.
InvestChile, the South American nation’s foreign investment promotion body, has held meetings with representatives from multiple Korean companies, said the group’s executive director, Karla Flores.
The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.