Latest news with #capacityboost
Bloomberg
12-08-2025
- Automotive
- Bloomberg
Mahindra Boosts South Africa Capacity as Budget Car Demand Jumps
Mahindra & Mahindra Ltd. is boosting capacity at its South Africa plant by two-thirds as India's largest automaker by value seeks to capitalize on the demand for lower-cost vehicles in the continent's biggest economy. The company, which makes the Mahindra Pik-Up brand at its assembly plant near Durban, will boost capacity to 1,500 vehicles a month from 900, Rajesh Gupta, chief executive officer of the local unit said. The company is also considering assembling other models locally, he said.
Bloomberg
08-05-2025
- Business
- Bloomberg
UK's Crown Estate Backs More Wind Turbines at Offshore Sites
King Charles III's Crown Estate has given the green light to developers to build higher-density wind farms on existing seabed leases as it seeks a quick, space-efficient way to bolster capacity. The announcement from the Crown Estate, which owns the UK's seabed, means that seven projects including RWE AG's Rampion 2, as well as SSE Plc's and Equinor ASA's Dogger Bank D, will be able to boost capacity by 4.7 gigawatts. This comes as the UK seeks to increase its wind capacity from 15 gigawatts to about 50 gigawatts.
