AGP Executive Report
Last update: 6 hours agoAutomotive Shift: Stellantis has started building Leapmotor cars in Europe, even as Volkswagen freezes electric Golf development after its worst loss in over a decade and Audi profits slump amid China weakness and US tariffs. Industrial Investment: Framatome has opened a chromium-coating facility, while Infineon plans a €1.1bn high-volume gallium-nitride chip plant in Austria, backed by €319m in EU funding. Group14 has also secured $167m for expansion that includes a battery-materials factory in Spain. Energy and Aerospace: Sasol has restarted an idled paraffin unit in Italy, easing supply restrictions. Britain pledged £1.25bn to support Rolls-Royce’s next-generation Ultrafan engine. Defence Production: Poland was selected to host a Patriot missile maintenance hub, as the EU opened a €21.3bn defence financing round.
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