AGP Executive Report
Last update: 9 hours agoManufacturing Finance: India’s Zetwerk drew enough bids to fully subscribe its $518 million IPO, while Greenzo Energy raised ₹130 crore to expand electrolyser production and research. Battery Expansion: Trontek plans to lift battery capacity from 3 GWh to 12 GWh by 2028; Rivian and Redwood expanded battery recycling at Rivian’s Illinois factory. EV Supply Chains: Leapmotor has started battery-pack production in Spain, near its vehicle assembly plant, to support local EV manufacturing. Industrial Investment: Sumitomo opened a £350 million subsea-cable factory in Scotland, and Sanofi broke ground on a new insulin plant in Germany. Global Industry: China’s industrial output grew 5.3% in the first nine months, led by high-tech and equipment manufacturing; Germany, by contrast, has lost nearly 500,000 industrial jobs since 2019.
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