t until 2025 with the Renault Spain management. After a 91.33% vote ratified the Agreement in Principle on November 7, 2024. UGT aims to continue securing benefits for all Renault Spain workers, including: Job security, with 100 permanent contracts this year. A recovery in purchasing power, with a CPI increase plus 1% and an upward revision clause, expecting a 3.1% rise from January. Social benefits The agreements are approved by workers throug...

News  Updated at: 2024/11/13

had inaugurated the company’s first plant in the Saemangeum Industrial Complex to produce electrolyte materials for secondary batteries. The South Korean company plans to invest KRW 300 billion (JPY 33 billion) by 2028. This plant will annually make electrolyte materials, phosphorus trichloride (CPI3) and phosphorus pentachloride (CPI5), totaling 10 tons per year. It will then deliver them to a secondary battery manufacturer at home and abroad...

News  Updated at: 2024/11/07

g an immediate return to work under a penalty of BRL 40,000 per day, but the workers decided to continue. Despite the strike being declared illegal, Renault offered an agreement that includes a two-part payment of the 2024 Profit Sharing Program, a salary increase based on the Consumer Price Index (CPI) starting in September, the hiring of 50 additional workers within 20 business days following the agreement's conclusion, and conditions related t...

News  Updated at: 2024/05/21

ing strike calls, contingent on genuine negotiation efforts from the company. Unfortunately, the company showed no willingness to negotiate. The RLPT (Legal Representation of Workers), representing workers, presented basic points agreed upon by the Works Committee, addressing worker demands such as CPI Clause, purchasing power recovery, salary recovery, reduced summer hours, flexible working hours, and others. Despite Iveco's significant profits ...

News  Updated at: 2024/04/05

Industrialists' Union (MESS), and the Turkish Metal Union signed an agreement, covering the period September 1, 2023 - August 31, 2025.  All employees will receive a relative raise of 32%. The company said 30% for the second 6 months, effective March 1, 2024 (between 01.09.2023-29.02.2024, if the CPI exceeds 30%, wages may see an extra increase. Based on Ford Otosan press release...

News  Updated at: 2024/01/19

al Union of Workers (UGT), and Workers' Commissions (CCOO). Under the agreement, Stellantis commits to award the Vigo factory the next electric vehicle architecture, planned to launch in 2027-2028. If failure to award allows renegotiation of the Collective Agreement. Based on a fixed part linked to CPI evolution and a variable part tied to Stellantis objectives, ensuring a competitive compensation structure. The contract involves 1,000 changes to...

News  Updated at: 2023/11/29

Altilium, UK receives grant to transform mine tailings into valuable EV materials On November 28, Altilium secured over GBP 700,000 in UK government innovation funding for two cutting-edge collaborative research projects focused on the recovery of copper and Rare Earth Elements (REE) from mine waste. Altilium is partnering with CPI and Camborne School of Mines (CSM). Both projects will focus on utilizing mine tailings controlled by Altliium in Eu...

News  Updated at: 2023/11/29

WMG, UK announces new “Advanced Materials Battery Industrialization Centre” On November 27, WMG, University of Warwick, announced that a GBP 12 million in funding has been awarded by the Faraday Battery Challenge to the High-Value Manufacturing Catapult at WMG at the University of Warwick, and CPI at NETPark (North East Technology Park), in County Durham. It will create the new Advanced Materials Battery Industrialization Centre (AMBIC). The ...

News  Updated at: 2023/11/28

r the collective agreement. Stellantis assures the Vigo production center will receive the next architecture for electric models, likely the STLA Small. The agreement proposed by Stellantis Vigo would be valid for four years (2024-2027) and includes improvements with updating salaries linked to the CPI with a limit of 4% increase, as well as EUR 400 payment upon signing the agreement. The parties agreed to meet on Monday the 27th so that the unio...

News  Updated at: 2023/11/24

than expected. Although China's GDP achieved growth in the first half of the year, many major economic indicators fell short of expectations. Momentum in China's economic recovery is following a continuously slowing trend. Data show that in the first half of 2023, the national consumer price index (CPI) rose by 0.7% year-on-year, the growth rate remaining below 1% for four consecutive months. The producer price index (PPI) fell 3.1 per cent year-...

News  Updated at: 2023/09/15

reement. The Agreement will allow Zaragoza to opt for the manufacture of the next generation of electric vehicles, contributing to the construction of a sustainable future for the plant beyond 2030. The agreement contemplates a salary increase of 5% in 2023 and a review by the Consumer Price Index (CPI) for the following years. In the employment chapter, the Management acquires a commitment to rejuvenate the workforce with the application of the ...

News  Updated at: 2023/05/05

WMG, UK participates in landmark battery development partnership On January 31, WMG at the University of Warwick announced that its researchers are part of a unique four-way partnership, with Addionics, technology innovation catalyst CPI, and James Durrans Group, which will position the UK as a technology hub for global battery development. Project Constellation is an extension of Project STELLAR which focused on improving battery power and cyc...

News  Updated at: 2023/02/01

Addionics, Israel participates in Project STELLAR in UK for EVs batteries On August 18, Addionics announced a partnership with the Centre of Process Innovation (CPI) and WMG, at the University of Warwick to achieve improvements in lithium-ion battery cell performance and manufacturing processes using Addionics’ Smart 3D Electrodes and proprietary artificial intelligence (AI) technology. The project, known as Project STELLAR (Smart Three-dimensi...

News  Updated at: 2021/08/20

Johnson Matthey participates in battery technology project - ICE-Batt  Johnson Matthey (JM) announced that it has teamed up with CPI, an independent technology innovation centre and Thomas Swan to explore how to best optimise battery technology. The ICE-Batt project receives funding support from the Faraday Battery Challenge, managed by Innovate UK to enable the investigation of how innovative carbon nanotubes (CNTs) and graphene nanoplatelets...

News  Updated at: 2021/06/23

battery replacement station for heavy-duty trucks in Hainan Province began operation on May 27, 2021. The station, built under a partnership among relevant government agencies in Hainan Province, Hanma Technology Group and a company held by China Power Investment Ronghe Financial Leasing Co., Ltd. (CPI Ronghe, a subsidiary of State Power Investment Corporation), signifies that Hainan Province enters a new era of battery replaceable heavy-duty tru...

News  Updated at: 2021/05/31

Hualing Xingma, Caofeidian District government and a company held by CPI Ronghe form partnerships in production and operation of battery-replaceable heavy trucks On February 28, a signing ceremony was held in the city of Tangshan, Hebei Province to celebrate the partnerships formed among Hualing Xingma Automobile (Group) Co., Ltd. (Hualing Xingma), the Caofeidian District government and a company held by China Power Investment Ronghe Financial Le...

News  Updated at: 2020/03/05

Alcoa and CPI finalize agreement to form joint venture Alcoa, Inc. and China Power Investment Corporation (CPI) announced they have finalized an agreement to establish a joint venture company in Shanghai, China. The companies announced a Letter of Intent to form the joint venture in September 2011. The new joint venture company, Alcoa CPI (China) Aluminum Investment Co. Ltd., will be majority owned and managed by Alcoa. The joint venture will ser...

News  Updated at: 2012/02/21

Alcoa and CPI to form joint venture for aluminum products Alcoa, Inc. and the China Power Investment Corporation (CPI) have signed a Letter of Intent that provides a framework for a joint venture. The new company will focus on producing fabricated aluminum products in China. The new joint venture's facilities will supply Chinese automotive, aerospace, packaging and consumer electronics markets. (From a press release on September 14, 2011)...

News  Updated at: 2011/09/14