Nissan plans to make EV solid-state batteries by 2029

The carmaker is betting on technological advancements to stave off heavy competition

Afrimat expects earnings to rise as much as a quarter

CEO Andries van Heerden says it is the perfect time for the mining and materials company to return to its roots

Corobrik digs in on push against coal removal from quarries

While Greenpeace says the activity affects air and water quality, the brickmaker counters that it needs to access carbonaceous shale to lower its gas usage

Tesla to fire more than 10% of staff as sales fall

Earlier in April, Tesla reported that its global vehicle deliveries in the first quarter fell for the first time in nearly four years

Barloworld’s share price soars after it issues a cautionary

The industrial group has advised shareholders to exercise caution in the share dealings

Czech defence business CSG closes in on US ammunitions maker Kinetic Group

Michal Strnad — owner and chair of the Czechoslovak Group, a large supplier to Ukraine — first needs to fend off a rival offer

US Steel investors approve proposed buyout by Nippon Steel

Labour union is concerned about potential job losses and legislators are worried about security

Neo boss William Li calls for ‘openness’ in US market

The US is seeking to further restrict China’s access to the world’s second-largest vehicle market

WATCH: Seifsa calls for industry reconstruction

Business Day TV talks to Seifsa CEO Lucio Trentini

Afrimat completes ‘deal of the century’ in Lafarge capture

Mining and materials company transaction gets Competition Tribunal go-ahead

Nampak’s exit from Nigeria likely a fillip for stock

Packaging supplier’s sale of West African business will help to reduce its debt

Rheinmetall leads drop after European defence sector’s record run

Defence stocks have been among the best performers in Europe for more than three years

PPC considers options on how to reward its shareholders

Company has slashed net debt and sold 51% stake in Rwandan cement maker Cimerwa

Tesla begins making cars in Germany for export to India

Sources say EV maker is looking at entering world’s third-largest car market

Boeing 737 production falls sharply

FAA regulators have stepped up safety inspections, which have had a knock-on effect

Tesla to study sites in India for EV factory, says report

The EV maker will focus on Indian states that have automotive hubs