AGP Executive Report
Last update: 8 hours agoSolid-State Batteries: Ilika says it has started generating commercial revenue from its Stereax solid-state battery electrodes via US partner Cirtec, with qualification completed and defence/consumer expansion in view. Industrial AI Sales Push: IntelliAM appoints Joel Crawford as Chief Revenue Officer to accelerate US growth after its first US rollout to Baxters. EV Pricing Pressure: Chinese and foreign automakers including BYD, VW, Tesla and Nio have raised NEV prices or tightened subsidies in May as upstream costs bite. Semiconductor Labor Fallout: Samsung’s near-strike wage deal—bonuses tied to chip business performance—could become a template for other Korean industries. Manufacturing Footprint Moves: Gardenia shifts Singapore bakery production to Johor Bahru, retrenching 141 staff while keeping Singapore for brand and quality oversight. Packaging/End-of-Line: Endoline Automation highlights integrated, scalable case-packing systems aimed at easing end-of-line integration pains. Energy & Projects: Navitas shifts upgrades for the Aoka Mizu FPSO to Asia due to Iran-related disruption, adding ~$45m to the budget as Sea Lion work ramps.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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