Airbus meets 2018 delivery target of 800 aircrafts, subject to ongoing audit

This delivery record marks a new high for Airbus and comes despite the recent delays in its supply chain. According to sources briefed on the matter at hand, Airbus has already achieved its main industrial target of delivering 800 aircraft in 2018 after record handovers in December. The final published number is subject to ongoing…

Daimler AG to begin battery production for its electric line up in Tuscaloosa, Alabama

The German carmaker is preparing to transition from producing combustion engine powered vehicles to battery powered electric vehicles. Automotive giant Daimler AG stated, it will commence the building of a battery plant as part of its planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama. The development comes in the wake of this…