manufacturing industry

Dutch chip equipment maker ASML says it is not selling its chipmaking machines in Europe, warning that the region risks falling behind the US, China and India in semiconductors. The remarks are drawing attention to Europe's limited role in advanced chip manufacturing despite hosting ASML itself, and are fueling debate about industrial policy and investment in the region.

Experts say a plan backed by Donald Trump to license production of Patriot missiles to Ukraine could take years to implement, according to ABC News. The assessment tempers expectations that the arrangement would quickly boost Ukraine's air defenses, as setting up licensed manufacturing involves lengthy negotiations, industrial preparation and regulatory steps.

President Donald Trump has granted Ukraine a license to manufacture Patriot missiles domestically, according to President Volodymyr Zelensky. The announcement, reported by the Jerusalem Post, would mark a significant step in Ukraine's push to produce advanced air defense systems at home as it faces continued Russian missile and drone attacks. The move is being read as a major boost to Ukraine's defense industry and air defense capacity.

Taiwan's dominance in semiconductor manufacturing, led by TSMC, is being described as a 'silicon shield' that deters Chinese aggression while making the island indispensable to the United States in the AI era. As artificial intelligence drives global demand for advanced chips, control over Taiwan's chip industry has become central to both its security and US strategic interests, intensifying debate over cross-strait tensions.

Reporting from Taipei frames Taiwan as the potential deciding factor in the escalating technology rivalry between the United States and China. Taiwan's tech industry produces more than 90 percent of the world's most advanced semiconductors, the chips that power AI servers, giving the island outsized strategic importance as both superpowers compete for dominance in artificial intelligence.

A defense minister says NATO must learn to break up and disperse its weapons manufacturing before it enters a major conflict, warning that concentrated defense production is a vulnerability. The comments add to ongoing debate within the alliance about whether European and NATO defense industries can produce ammunition and equipment fast enough, and safely enough, in the event of a large-scale war.

The Trump administration has announced a sharp rollback of federal fuel economy standards for new cars and light trucks, easing requirements that automakers improve efficiency. The move reduces pressure on manufacturers to sell electric and hybrid vehicles and is expected to lower compliance costs while drawing criticism from environmental groups who warn it will increase emissions and fuel consumption.

The Trump administration is rolling back fuel economy standards for automakers, easing requirements that vehicles meet rising efficiency targets. The move, explained in coverage by ABC News, is expected to lower compliance costs for car manufacturers while drawing criticism from environmental groups who argue it will increase emissions and fuel consumption for American drivers.

The Trump administration is moving to lower federal fuel economy standards for cars and light trucks, rolling back efficiency requirements that had been set to tighten over the coming years. Automakers and environmental groups are expected to clash over the change: manufacturers may welcome reduced compliance costs, while critics warn it will raise gasoline consumption and emissions. The move marks a significant shift in US vehicle policy.

Volkswagen has announced a partnership with Chinese battery manufacturer Gotion High-Tech to supply batteries for its electric vehicles. The deal deepens the German automaker's ties with Chinese suppliers as it scales up its EV production and secures battery capacity. The announcement drew attention from industry and market watchers tracking VW's electrification strategy and its reliance on Chinese battery technology.

The Trump administration has officially reduced the federal fuel economy standard, rolling back requirements that automakers improve the average efficiency of new vehicles. The move, reported by transport industry outlets, is expected to ease regulatory pressure on car manufacturers but draw criticism from environmental and climate advocates concerned about higher emissions and fuel costs for consumers.

The United States has finalized new fuel economy standards that are lower than previously planned, according to Reuters. The rollback of the Corporate Average Fuel Economy requirements means automakers will face less stringent efficiency targets for new vehicles. The move is expected to draw criticism from climate advocates while being welcomed by auto manufacturers concerned about compliance costs.

China's automotive market, crowded with dozens of competing manufacturers locked in a price war, is reportedly moving toward consolidation as weaker automakers are expected to merge, exit, or be absorbed by larger rivals. The shift would reshape one of the world's largest car markets, where overcapacity and fierce discounting have squeezed margins across the industry.

Defence Secretary John Healey is set to promise a 'new age of industrialisation' for the UK in a speech at the Labour Party conference. The address is expected to set out plans to boost British manufacturing and defence industry as part of the government's economic strategy, drawing attention from political and business commentators during the conference season.

Poland says it is ready to build a factory producing Patriot missiles if the United States grants Ukraine a license to manufacture them. Polish officials argue the plant should be located in Poland, in a safe area away from the front lines. The proposal highlights Poland's role as a key logistics and industrial hub for Western military support to Ukraine.

UBS argues that the threat posed by Chinese carmakers to Europe's auto industry is larger than European policymakers currently appreciate. The bank's assessment adds to growing concern that Chinese manufacturers, with their cost and technology advantages, could take significant market share from established European brands faster than regulators and industry leaders have planned for.

The Trump administration is preparing to roll back fuel economy standards introduced under President Biden, easing requirements on automakers. The move would relax emissions and mileage rules that had pushed manufacturers toward electric vehicles. Industry groups have long argued the standards were too costly, while environmental advocates are expected to oppose the reversal.

President Trump has approved a rollback of US fuel economy standards, arguing that the looser rules will encourage automakers to expand manufacturing output in the United States. Supporters frame the move as relief for carmakers facing costly compliance requirements, while critics warn it could raise fuel consumption and emissions. The decision is expected to reshape regulatory requirements for vehicles sold in America.

Fortune reports that Chinese companies are now competing head-on with Europe's most profitable industries, from luxury goods like $1,000 Gucci sneakers to German cars. The piece argues China's industrial upgrade means it is no longer just a manufacturing base but a direct rival in premium sectors long dominated by European brands, raising the stakes for the continent's export-driven economies.

Global carmakers are cutting electric vehicle prices in South Korea, turning the country into a frontline of an intensifying EV price war, according to KED Global. Aggressive discounting by international manufacturers is putting pressure on local prices and reshaping the competitive landscape in one of the world's most advanced EV markets.

President Donald Trump said he approved rolling back fuel economy standards set under the Biden administration, lowering required miles-per-gallon targets for vehicles. The decision, reported widely across US outlets, eases requirements placed on automakers. Supporters frame it as cutting regulatory costs for manufacturers, while critics warn it could increase fuel consumption and emissions, making vehicle-efficiency policy a renewed political flashpoint.

Donald Trump has announced plans for a $15 billion steel plant in Iowa, which he claims will be the biggest in US history. The announcement has drawn attention given the scale of the investment and its potential impact on American manufacturing and jobs, though details on funding and construction timelines remain limited.

Two of China's electric vehicle makers, identified as Geely and Nio, have announced a deal, the latest sign of consolidation in the country's crowded auto industry. The agreement comes as intensifying price competition and overcapacity push Chinese EV manufacturers toward mergers and partnerships to survive.

The Trump administration has completed its rollback of federal fuel-economy standards, weakening requirements that auto manufacturers improve the average fuel efficiency of new vehicles. The move reverses stricter rules adopted under the Biden administration, which were aimed at cutting gasoline consumption and greenhouse-gas emissions. The change is expected to draw legal challenges from states and environmental groups, while automakers weigh how the looser standards affect their production plans.

Donald Trump has announced plans for a $15 billion steel plant in Iowa, a move framed as an effort to strengthen Republican prospects ahead of the midterm elections. The announcement pairs a major industrial investment with political timing, as the party looks to shore up support in a key Midwestern state where manufacturing jobs carry significant electoral weight.

Media reports describe a broad pullback in electric vehicle plans across the auto industry, with manufacturers facing obstacles, cancelling projects, and delaying launches. The coverage points to headwinds such as slowing demand growth, high costs, and charging infrastructure challenges, prompting several carmakers to reassess or scale back their EV strategies.

President Trump announced new fuel economy standards that he says end the 'EV mandate,' rolling back requirements that pushed automakers toward electric vehicles. The move reverses stricter rules adopted under the Biden administration and gives manufacturers more flexibility to sell gasoline-powered cars. The announcement is drawing attention from the auto industry, environmental groups, and drivers watching how it will affect vehicle prices and EV adoption in the US.

ASML, the Dutch chip equipment maker, says it sold 'absolutely nothing' in Europe in 2026 and is calling on the EU to help create demand for its lithography machines. The comments highlight Europe's weak semiconductor manufacturing base, as ASML's sales remain concentrated in Asia, particularly Taiwan, South Korea and China.

The Economist argues that European industry is in better shape than commonly believed. The piece pushes back against pessimistic narratives about Europe's manufacturing decline, suggesting the sector's condition is stronger than prevailing opinion holds.

A proposed EU bill would require electric vehicles sold in Europe to meet local-content rules, threatening Japanese automakers such as Toyota. If adopted, the 'Made in EU' legislation could raise costs or restrict market access for Japanese EVs, which rely heavily on parts and batteries made outside the bloc. Japanese industry is watching closely amid wider EU efforts to favor domestic manufacturing.