JetZero plans to build a $4.7 billion aircraft manufacturing plant in Greensboro, North Carolina, aiming to create 14,500 jobs and disrupt the aviation industry with a fuel-efficient, blended-wing aircraft prototype. The project has secured up to $1 billion in incentives from the state, making it the largest recent job creation effort in North Carolina, and joins a growing aviation hub in Greensboro alongside Boom Supersonic and Honda Aircraft.
JetZero Inc. plans to build a $4.7 billion aerospace factory at Piedmont Triad International Airport in Greensboro, North Carolina, creating over 14,500 jobs and receiving up to $1.57 billion in state incentives. The factory aims to produce innovative all-wing aircraft capable of significantly reducing fuel consumption, with first flights expected in 2027 and commercial service by 2030, potentially transforming the regional economy and aerospace industry.
Russia reported drone attacks on factories in Tatarstan, over 1,100 kilometers from Ukraine, with people wounded in the strikes. The attacks targeted factories in Yelabuga and Nizhnekamsk, causing injuries and minor damage, but not affecting the operations of the factories. The Alabuga Special Economic Zone also experienced drone strikes, resulting in two injuries.
Rivian, an electric vehicle company, has announced a delay in the construction of a new $5 billion factory in Georgia, citing a slowdown in electric vehicle sales. The company plans to produce two new models, with one being shifted to its existing plant in Illinois. This decision is aimed at preserving cash as Rivian works to produce and sell more affordable vehicles, as it has been losing billions of dollars for several years.
Tesla's Berlin factory has been left without power after an arson attack on a nearby electricity pylon, causing the evacuation of the plant and nearby villages. The attack has led to a criminal investigation, and it is unclear if it is related to ongoing protests against the factory's expansion. The factory, Tesla's only one in Europe, has the capacity to produce 375,000 electric cars annually and had plans to expand to 1 million vehicles per year.
Scout Motors, a resurrected brand by Volkswagen, is set to bring back the iconic Scout SUV as an electric vehicle (EV) marque, with plans to unveil an electric pickup truck and SUV. The company's new factory in South Carolina, with a $1.3 billion tax incentive package, is expected to create thousands of jobs and produce over 200,000 vehicles annually. Emphasizing a return to mechanical features and rugged design, Scout aims to differentiate itself from modern EVs by incorporating chunky buttons and real door handles, while planning to use over-the-air software updates to add complexity gradually.
An explosion at a fireworks factory in central Thailand's Suphan Buri province has killed at least 20 people, with others injured. The cause of the explosion is under investigation, and officials are working to secure the site and assist those affected. This incident comes less than a month before Chinese New Year, a period of strong demand for fireworks. This is not the first such tragedy in Thailand, as a similar explosion in July last year in a residential area killed at least 10 people and wounded over 100.
Chinese electric vehicle manufacturer BYD is expected to announce the establishment of a new factory in Hungary, as the company continues to expand its global presence. The move comes as part of BYD's strategy to tap into the growing demand for electric vehicles in Europe, and the factory is expected to contribute to the local economy and create job opportunities in Hungary.
A massive explosion and fire have engulfed a Russian factory that produces engines for tanks and armored vehicles, causing significant damage. The cause of the explosion is still unknown, but sabotage or kamikaze drone attacks have been suggested as possibilities. The factory, located near the border with Kazakhstan, is under US and Ukrainian sanctions and is a key supplier for the Russian military. The incident comes after Ukraine launched a major kamikaze drone attack on Russia, resulting in the closure of several airports. Russia has shot down numerous drones, and there have been reports of damage to buildings.
Turkish President Recep Tayyip Erdogan has invited Elon Musk to build Tesla's next factory in Turkey during their meeting in New York. Erdogan highlighted the success of Turkey's electric car, Togg, and expressed interest in collaboration opportunities with Musk's aerospace company SpaceX and Turkey's space program. Musk acknowledged the existing partnership between Turkish suppliers and Tesla and stated that Turkey is a strong contender for the location of Tesla's seventh factory.
Turkish President Tayyip Erdogan has asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, stating that many Turkish suppliers are already working with Tesla and that Turkey is among the top candidates for the next factory. Erdogan also expressed openness to cooperation on artificial intelligence and invited Musk to attend a technology festival in Turkey. Musk, who is currently in the U.S., has not yet responded to the request. Tesla has been expanding its global footprint and recently expressed interest in building a factory in India.
One person has died and over 50 others have been injured in an explosion at a warehouse near Moscow, Russia. The blast occurred on the grounds of a factory that manufactures military equipment, causing damage to nearby buildings. Investigators have dismissed claims of a drone attack and are currently investigating the cause of the explosion.
An explosion at a factory near Moscow that produces optical equipment for Russia's security forces injured 45 people, while two drones aimed at Moscow were shot down by Russian air defenses. The explosion occurred at a warehouse storing fireworks on the grounds of the Zagorsk optics manufacturing plant, adding to concerns over recent nighttime drone attacks on Moscow. Ukrainian officials have not commented on the drone incidents, which are seen as attempts to unnerve Muscovites and escalate the conflict. Meanwhile, smoke over the port of Sevastopol in Crimea caused alarm, but the Moscow-appointed governor assured residents it was from a fleet training exercise.
A massive explosion occurred at the Zagorsk optical-mechanical plant near Moscow, injuring at least 45 people and causing extensive damage to the facility. The blast, which occurred in a pyrotechnics warehouse rented by a private company, resulted in windows being blown out in nearby buildings. Emergency services are currently searching for any individuals trapped under the rubble. The cause of the explosion is under investigation, with initial reports suggesting a "human factor" or a violation of technological processes may be to blame.
