manufacturers – NewsNow

Rivian’s CFO hints the end of EV tax credits means manufacturers are being forced to finally make more affordable electric cars

November 2, 2025 by DON

As the EV market enters choppy waters, legacy automakers are pulling back on electrification plans, delaying EV launches, and cutting production at EV plants. That’s not an option for pure-play EV makers like Rivian. Instead, the Irvine, California-based manufacturer has its sights set firmly on the launch next year of its second-generation product: a midsize … Read more

WIRED Roundup: The US Chip Manufacturers’ Bonanza

August 26, 2025 by DON

On this episode of “Uncanny Valley,” our senior business editor joins us to talk about the Trump administration’s deals with chipmakers, OpenAI’s potential $500 billion valuation—and ants.

Manufacturers plead for US tariff clarity before copper stockpiles dwindle

July 13, 2025 by DON

Global manufacturing executives are begging for clarity on Donald Trump’s tariff policy before a 50 per cent levy is imposed on copper imports, as their stockpiles diminish and the clock ticks on existing contracts. The US president has vowed to impose the higher tariff on the metal from August 1, matching levels already in place … Read more

The Climate Crisis Threatens Supply Chains. Manufacturers Hope AI Can Help

May 2, 2025 by DON

Abhi Ghadge, associate professor of supply chain management at Cranfield University in the UK, says there has been “a general kind of negligence” in terms of climate resilience, though that is beginning to change. Building a detailed understanding of a supply chain can, however, be incredibly difficult, especially for smaller companies. Who supplies their suppliers? … Read more

The CEO of one of Thailand’s leading manufacturers says his customers are rushing to stock up during Trump’s tariff pause

April 14, 2025 by DON

Thailand, along with the rest of Southeast Asia, got some temporary relief when the U.S. President Donald Trump chose to delay his “Liberation Day” tariffs by 90 days. Now, the country’s U.S.-bound exports only have a 10% tariff, as opposed to the 36% threatened by Trump. Asian markets have gone on a wild ride since … Read more

Exclusive: Japanese AI startup CADDi that helps manufacturers optimize supply chains gets $38 million in new funding

March 27, 2025 by DON

CADDi, a Japanese startup that uses AI to help large global manufacturing companies optimize their supply chains, has raised $38 million in new funding from U.K.-based venture capital firm Atomico. The new funding values CADDi at $470 million, the company said. The investment round, which the company is classifying as a “Series C extension,” brings … Read more

Scimplify raises $40M to help manufacturers access specialty chemicals

March 12, 2025 by DON

Scimplify, an Indian startup that helps pharmaceutical and agriculture companies access a range of specialty chemicals, has raised $40 million in a new funding round co-led by Accel and Bertelsmann Investments to widen its footprint in the U.S. and reach new markets. The Series B round pegs Scimplify’s valuation at about $150 million post-money, the … Read more

Chinese manufacturers scramble to mitigate tariff pain

March 5, 2025 by DON

Workers making Care Bears at a factory in Ankang, China. CNBC As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs. U.S. President Donald Trump’s additional 10% tariffs on goods from China took effect Tuesday, bringing the cumulative new tariffs in just about … Read more

Manufacturers prepare for higher costs

February 2, 2025 by DON

As President Donald Trump threatens to impose his first tranche of tariffs on the world Saturday, Chinese manufacturers are bracing for impact. Though Trump is proposing his biggest initial swing at Canada and Mexico with a proposed 25% tariff, the U.S. president still has China on his radar. After a report that the administration could … Read more