Tag: factories

China factories ration power as heatwave sends demand soaring

  BEIJING, China (AFP) — Chinese lithium hub Sichuan province will ration electricity supply to factories until Saturday, state media reported, as a heatwave sends power demands soaring and dries up reservoirs. Temperatures in the province — home to nearly 84 million people — have hovered above 40-42 degrees Celsius (104-108 degrees Fahrenheit) since last week, according to data from China’s Meteorological Administration, increasing the demand for air conditioning. The region relies on dams to […]

GM to spend $7 bn in Michigan to build electric auto capacity

NEW YORK, United States (AFP) – General Motors announced Tuesday plans to invest $7 billion in the US state of Michigan as it converts assembly plants and builds batteries for the transition to electric vehicles (EV). Calling the announcement “the largest single investment in GM history,” the auto giant said the push in its Midwestern home state would create 4,000 new jobs and retain 1,000 more positions. GM has previously projected that it will double […]