Euler Motors Raises $47 Mn in Series E Round Led by Lightrock
Euler Motors secured a $47 million Series E round led by Lightrock, complemented by roughly $30 million in debt financing. The funding will boost product development, manufacturing capacity, and its dealer network across India. Revenue grew 12% to about $23 million in FY25 while losses narrowed by the same margin. The company now operates a fleet of over 15,000 electric commercial vehicles, holding a 22% share of the four‑wheel cargo segment.
Why Are U.S. EV Truck Costs Rising While Europe’s Fall?
U.S. Class 6‑8 electric trucks have risen 27% in price since 2020, with a sharp 40% jump between 2020‑2021, while comparable European models fell 32% and 23% respectively. The International Council on Clean Transportation attributes the U.S. increase to larger battery...
Celsius Linked to Fresh LNG Carrier Order at Samsung Heavy
Denmark’s Celsius Tankers has secured a new order for two 180,000 m³ LNG carriers from Samsung Heavy Industries, valued at roughly KRW 770 billion ($514 million). The vessels are scheduled for delivery through September 2028, adding to Celsius’s existing portfolio of about 24...
TSMC Capacity Overstretched, Broadcom Says as It Flags Supply Constraints
Broadcom warned that its key foundry partner TSMC is hitting production limits, creating a bottleneck for AI chip supply in 2026. The strain extends beyond semiconductors, with printed circuit board lead times expanding from six weeks to six months and...
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TouchThink introduced the Z‑Series TPC14‑AIOT industrial PC, a single‑box solution that merges gateway, router, switch and data‑collector functions. Powered by a Rockchip RK3588 octa‑core CPU and a 6 TOPS NPU, it runs Android 12 out‑of‑the‑box and supports Linux, Ubuntu and HarmonyOS. The...
The Best Things Come in Small Packages as RoboTrex Compact Set to Make UK Debut at MACH 2026
Lang Technik UK will unveil the RoboTrex Compact at the MACH 2026 trade show in Birmingham, marking the system’s UK debut. The compact automation cell occupies just 2 square‑metres, handles workpieces up to 95 mm and 7 kg, and incorporates a Fanuc M‑10iD‑16s robot...
India Launches Six Textile Export Support Centres
India announced the establishment of six Textile Export Facilitation Centres across key production clusters, including Surat, Karur, Ichalkaranji, Jaipur, Varanasi and Ludhiana. The initiative is part of a broader strategy to lift the country's textile exports to $100 billion by 2030....
Synthetic DNA Manufacturing Hub Set Up in Boston by Artis BioSolutions
Artis BioSolutions, a San Diego‑based advanced therapies firm, has launched a synthetic DNA manufacturing hub in Boston using Syngoi Technologies' proprietary enzymatic platform. The new site complements its GMP manufacturing facility in Watertown, creating a bi‑continental network with an existing...
Powering Up: How Sentry Equipment Has Lasted 100 Years in Manufacturing and What It Has Planned for 100 More
Sentry Equipment, a century‑old, employee‑owned manufacturer, celebrated 40 years as an ESOP while expanding beyond traditional power‑generation equipment. The company has diversified into water and wastewater infrastructure, acquiring Rebuild‑it Services to rebuild aging treatment assets. Internally, Sentry invested in fiber‑optic...
How Far Has AM in Healthcare Really Come? Find Out at RAPID + TCT 2026
The RAPID + TCT 2026 Healthcare Conference track highlighted how additive manufacturing (AM) is moving from theoretical potential to concrete production in medicine. Speakers covered scaling custom orthotics through standardized workflows, navigating FDA‑driven documentation via OEM collaborations, and using bioprinting to create...
Can Computer Simulations Make Metal AM Certification in Aviation Faster and More Affordable?
NASA and the FAA released a 195‑page strategy that proposes using validated computer simulations to streamline certification of metal‑additive‑manufactured aviation parts. Developed by the CM4QC steering group of industry leaders and universities, the roadmap outlines a Simulation Maturity Level framework...
Balancing Costs, ESG Compliance, and Global Competitiveness with India’s Upstream Solar Policy
India’s Ministry of New and Renewable Energy has expanded its Approved List of Models and Manufacturers (ALMM) framework to include solar ingots and wafers, creating ALMM List‑III that will take effect on June 1, 2028. The mandate forces all qualifying solar projects...
Škoda Switches to LFP Batteries for Elroq and Enyaq Models
Škoda has refreshed its Elroq and Enyaq electric line‑up for the 2026 model year, introducing lithium‑iron‑phosphate (LFP) batteries in the base‑grade Elroq 60 and Enyaq 60. The new APP350 motor provides 350 Nm of torque while output dips slightly to 140 kW, and charging...
Rio Tinto Targets Broader Aluminium Footprint, Division CEO Says
Rio Tinto’s aluminium division is accelerating a global diversification strategy, adding projects in Europe, India and Brazil while expanding its low‑carbon AP60 smelter technology. The AP60 system, already operating in Quebec, reduces greenhouse‑gas emissions to about one‑seventh of the industry...
SolaX Power Validates System Level Safety Through Extreme Testing
SolaX Power’s ORI 5 MWh large‑scale energy storage system successfully completed the world’s first UL‑led system‑level deflagration test under the proposed UL 9540A:2025 framework. Real lithium‑ion cells were driven into thermal runaway while the emergency ventilation remained closed, forcing the pressure‑relief structure...
Submit to CW Top Shops 2026 Before March 31
CompositesWorld is launching its 2026 Top Shops Benchmarking Survey, requiring participants to complete a core set of questions by March 31, 2026. Respondents will receive a customized benchmarking report, qualify for Top Shops status, and gain honoree recognition. After the core survey,...
SK Hynix Lines up $8B EUV Order with ASML
South Korean memory leader SK Hynix has signed a KRW11.95 trillion (~$8 billion) contract with Dutch lithography supplier ASML to acquire up to 20 extreme ultraviolet (EUV) scanners over the next two years. The agreement covers equipment, installation and modification costs, with...
Why Connected Worker Strategies Are Leaving Workers Behind
Manufacturers have poured billions into PLM, ERP and MES systems, yet shop‑floor workers still rely on static PDFs and printed checklists. The digital thread breaks at the “first mile” of capturing engineering knowledge and the “last mile” of delivering it...
Didero Raises $30 Million Series A to Bring AI Agents to Global Supply Chains
Didero, a New York‑based software firm, closed a $30 million Series A round led by Chemistry and Headline, with participation from Microsoft’s M12 venture fund. The financing will accelerate development of its AI‑agent platform that embeds directly into ERP, email and spreadsheet...
Plant Owned by a Hyundai-Kia Engine Parts Supplier Destroyed by Fire
A major fire at Anjeon Industrial's engine valve plant in Daejeon killed 14 people, injured 60, and destroyed much of the facility. The plant, which supplied Hyundai Motor and Kia with roughly 70 million engine valves per year, is now offline....
VW Plans Recall of Around 100,000 MEB Electric Cars
Volkswagen Group announced a recall of roughly 100,000 MEB‑platform electric vehicles, affecting 74,579 ID.3, ID.4, ID.5, ID.Buzz and ID.Buzz Cargo models and 19,452 Cupra Borns built between February 2022 and August 2024. The recall targets potentially non‑spec battery modules that can lower...
TSMC Accelerates Fab 21 Expansion, 3nm Production Set for 2027
Taiwan Semiconductor Manufacturing Co. (TSMC) is fast‑tracking its Fab 21 expansion, moving equipment installation to October 2026 and targeting initial production lines in early 2027. The company now expects mass production of 3 nm chips in the second half of 2027, a year...
Fanuc to Invest $90 Million in US Robot Manufacturing Capacity Expansion
Fanuc America announced a $90 million investment to build an 840,000 sq ft robot manufacturing plant in Michigan, slated for completion in late 2027. The expansion will add 225 jobs and bring Fanuc’s U.S. footprint to 3 million sq ft, reflecting nearly $300 million invested since 2019. The...
Jindal Steel Doubles Angul Plant Capacity to 12 MTPA
Jindar Steel announced that its Angul plant in Odisha has doubled its steel‑making capacity from 6 MTPA to 12 MTPA, making it one of India’s largest single‑location steel facilities. The expansion lifts the company’s total crude‑steel capacity to 15.6 MTPA, including 3.6 MTPA at...
STG Logistics Survey: Sourcing Diversification, Contract Flexibility, Logistics Network Changes…
STG Logistics released a new industry survey highlighting three emerging trends: shippers are diversifying their sourcing portfolios, demanding greater contract flexibility, and re‑engineering logistics networks to cope with volatile freight markets. Over 60% of respondents plan to add alternative carriers,...
Guangzhou Furniture Expo Showcases Smart Manufacturing Era
The CIFM/interzum Guangzhou 2026 exhibition runs March 28‑31 at the Canton Fair Complex, featuring a 180,000 sqm smart‑revolution theme. Around 1,600 leading global furniture‑manufacturing firms will exhibit, aiming to attract over 220,000 professional visitors. The fair emphasizes green, intelligent production and...
Optical Vision Systems Transform Microchip Handling Accuracy
esmo AG has integrated senswork’s optical vision technology into its Talos microchip handling system, delivering 5 µm resolution and 0.3‑second inspection cycles. The contact‑less solution eliminates particle contamination and supports chip sizes from 0.8 × 0.8 mm to 5 × 5 mm. Fully automatic calibration and plug‑and‑play...
Micro, AMFI and CEiiA Partner on Turin Microcar Venture
Micro, Automotive Micro Factory Italy (AMFI) and Portuguese engineering firm CEiiA have signed a memorandum of understanding to develop and manufacture micro electric vehicles. AMFI’s Turin facility will become the production hub for CEiiA’s BEN microcar, while both companies will...
Kulicke & Soffa Expands Memory Solutions Portfolio
Kulicke & Soffa announced an expanded memory interconnect portfolio, including the ProMEM suite, vertical‑wire innovations, advanced fluxless thermo‑compression and hybrid bonding solutions. The ProMEM enhancements promise up to 20% higher throughput and better bond quality across first‑bond, second‑bond, bumping and...
Carmakers Rush to Secure Aluminium as Middle East War Hits Supply
Automakers are accelerating aluminium purchases as the Israel‑Hamas conflict disrupts key smelting hubs in the Middle East. Export restrictions and port closures have tightened global supply, pushing spot prices above $2,500 per metric ton. Companies such as Volkswagen, Toyota and...
GAC Shines at Egypt Auto Show with EMZOOM, Pioneering Expansion in North Africa
GAC used the Automorrow 2026‑Egypt International Motor Show to showcase its EMZOOM, EMPOW and GS4 MAX models, aligning its product lineup with Egypt’s rising demand for new‑energy vehicles. The Egyptian NEV market is expanding at a 12.03% compound annual growth rate,...
Iran War Threatens Global Food Supply Chains
The Iran war has choked the Strait of Hormuz, disrupting shipments of fertilizer and liquefied natural gas that underpin global food production. About one‑third of seaborne fertilizer, 35% of nitrogen‑based urea and 45% of sulfur exports now face delays, pushing...
What Should You Consider When Choosing a Ring Light for Optical Inspection and Quality Control with Digital Microscopes?
Lighting is the linchpin of optical inspection with 4K digital microscopes, and a professional ring light supplies the brightness needed for sharp, low‑noise images without increasing camera gain. Sufficient illumination lets users narrow the aperture for greater depth of field...
Key Progress at New Kwinana Hydrogen Hub, as Nearby Bp Project Remains on Pause
The Future Energy Exports CRC (Fenex CRC) has secured a contract with Pacific Energy to supply two electrolysers and has launched Front End Engineering Design for Stage 2 of the Kwinana Energy Transformation Hub (KETH). Backed by an A$163 million (~US$108 million) research...
Sungrow Hydrogen Expands Global Presence with Cross-Continental Shipments
Sungrow Hydrogen announced the shipment of green hydrogen systems to projects in Oman, Italy and Brazil, marking its first deliveries across three continents. The company supplied 160 MW of alkaline electrolysis units for a green ammonia venture in Oman, a 3 MW...
Hastings McCain Vegetable Factory to Shut in 2027, Jobs at Risk
McCain Foods announced that its vegetable processing plant in Hastings, New Zealand, will cease operations by 31 January 2027 after a strategic review of its ANZ supply model. The facility, which handled more than 50,000 tonnes of peas, beans, sweetcorn and carrots each year,...
ADMARES Unveils High-Tech Housing Manufacturing with ABB Robotics
Swedish modular housing firm ADMARES announced a strategic partnership with ABB Robotics to equip its upcoming Smart Factory with AI-driven robotics, software and hardware. The collaboration brings together a network of technology partners, including Porsche Consulting, Siemens, NVIDIA and EDAG,...
Latrobe Takes Leap Forward with High-Grade Magnesium Production
Latrobe Magnesium completed a two‑week continuous run at its Hazelwood North demonstration plant, producing roughly 20 tonnes of magnesium oxide (MgO) at about 90 % purity. The result validates the company’s patented hydrometallurgical flowsheet, which requires only minor adjustments to exceed 95 %...
Forge Photonics Signs Navigation Systems Deal with Mission Systems for Subsea Drones
Canberra‑based Forge Photonics has inked a deal with Sydney defence firm Mission Systems to equip its undersea drones with fibre‑optic gyroscope navigation modules. The technology, spun out of Australian National University research on gravitational‑wave detection, delivers GPS‑free, low‑detectability positioning using...
Over 11,000 Munitions in 16 Days of the Iran War: ‘Command of the Reload’ Governs Endurance
In the first 16 days of the Iran conflict, coalition forces have expended 11,294 advanced munitions, costing roughly $26 billion. The rapid consumption has sharply depleted high‑end interceptors, long‑range strike missiles and sensor‑command assets, leaving critical stockpiles vulnerable. Industrial bottlenecks—particularly in...
KRICT Researchers Develop 4D Printed Polymers Redefining Soft Robotics
Researchers at Korea Research Institute of Chemical Technology (KRICT) have created a sulfur‑based polymer that can be 4D‑printed into soft‑robotic components. The material, derived from abundant industrial sulfur waste, can change shape in response to heat, near‑infrared light, or magnetic...
Lockheed Martin Australia Explores Manufacturing-Backed Sustainment Model for HIMARS Fleet
Lockheed Martin Australia announced a partnership with Rheinmetall Defence Australia to develop a domestic sustainment model for the expanding HIMARS fleet. The two firms will assess existing manufacturing facilities in Queensland and South Australia to provide through‑life support, spare‑parts logistics,...
Additive Business Update: 3D Systems, Materialise, Stratasys, and More
3D Systems reported a 12% YoY revenue decline for 2025, with healthcare down 5% and industrial solutions down 17%, though adjusted figures show a smaller dip after the Geomagic divestiture. The company confirmed Phyllis Nordstrom as permanent CFO while highlighting...
Study: Retailers Struggle to Serve Impatient Consumers as Fulfillment Costs Rise
Retailers worldwide are feeling the squeeze as global logistics and fulfillment costs have risen more than 20% over the past three years. At the same time, 66% of shoppers now bounce across two or more channels before buying, fragmenting the...
Survey: Trucking Fleets Face “Procurement Paralysis” Due to Shifting Business Climate
A Fleet Advantage survey reveals that nearly half of U.S. heavy‑duty trucking executives are stuck in "procurement paralysis" as shifting tariffs and low‑emission engine mandates create uncertainty about new truck purchases. The indecision has forced fleets to keep older trucks...
LG Display Starts Mass-Producing LTPO-Like 1 Hz LCD Displays for Laptops
LG Display has begun mass production of Oxide 1Hz LCD panels for laptops, which automatically shift refresh rates from 1 Hz to up to 120 Hz based on on‑screen activity. The technology, derived from low‑temperature polycrystalline oxide (LTPO) concepts, claims a 48 percent battery‑life...
MODEX 2026: NORD to Showcase Modular Drive Technologies for Intelligent Automation
NORD DRIVESYSTEMS will exhibit its latest high‑efficiency drive technologies at MODEX 2026 in Atlanta, booth B14136. The lineup includes IE5+ permanent‑magnet synchronous motors delivering up to 95% efficiency, a range of centralized and decentralized NORDAC electronic controls, and the modular...
MODEX 2026: Swisslog to Showcase Flexible, Scalable Warehouse Technologies
Swisslog used MODEX 2026 to unveil AgileStore, a 4‑way roaming pallet shuttle designed for high‑density, flexible storage, and its SynQ orchestration platform that unifies WMS, WES and WCS functions. The AgileStore system can travel forward, backward, laterally and vertically, allowing...
Market Shifts Powering the Growth of Sterile Injectable Manufacturing
The sterile injectable contract manufacturing market is rapidly evolving as demand surges for both large‑scale biologics and niche, small‑batch therapies. Leading CDMOs are responding by expanding production capacity, building global redundancy, and investing heavily in specialized talent. Development and pre‑commercial...
CubeSpace Challenges Vertical Integration with Record ADCS Production Milestone
On March 23, 2026 CubeSpace announced a production surge, shipping 2,118 standalone ADCS units and 71 mission‑tailored systems in January‑February. The South African firm claims its modular ADCS can cut costs by 50% compared with in‑house solutions, while maintaining an 8‑12‑week lead...