Europe has taken a bold step to catch up in the space race. On October 7, 2025, in Rome, the Space Smart Factory — the largest satellite manufacturing facility in Europe — was inaugurated. The plant is intended to compete with the United States and China in producing satellites at scale. Built by Thales Alenia Space in partnership with the Ital...
Tesla Inc. will build a new battery factory in Shanghai, boosting investment in China at a time of rising tensions between Beijing and Washington. Tesla will produce large-capacity Megapack batteries at the new plant, which will complement its electric vehicle factory in Shanghai. The start of the project was announced this week at a contract...