Blog Category: General
Trade Update July #3: Panasonic, DP World, Ireland, Turkey Georgia
De Soto, Kansas – July 14, 2025 — Panasonic Energy Co., Ltd., a core company of the Panasonic Group, has officially launched mass production at its new state-of-the-art electric vehicle (EV) battery facility in De Soto, Kansas. This milestone marks a significant expansion of Panasonic’s U.S. manufacturing footprint and a major step forward in the global transition to sustainable transportation. The De Soto factory, located just outside Kansas City, is now one of the largest automotive battery plants in North America. Built on a sprawling 300-acre site—equivalent to more than 225 American football fields—the facility is designed to produce Panasonic’s advanced 2170 cylindrical lithium-ion batteries, with a planned annual production capacity of approximately 32 gigawatt-hours (GWh).
Trade Update July #2: Maersk, Wrisk, Groq, MeetEngland
Global logistics giant A.P. Moller – Maersk has officially launched a state-of-the-art packing and cold chain logistics hub in Olmos, Peru, marking a significant expansion of its operations in Latin America. Strategically located in the Lambayeque region—one of Peru’s most dynamic agricultural zones—the new facility is poised to transform the country’s agro-export landscape.
Trade Update July #1: Dynisma, Jabil, London, Mercosur FTA, Ireland
Bristol-based Dynisma, a cutting-edge racing simulator company trusted by Formula 1 giants Ferrari and McLaren, has landed a €10.7 million export contract, marking a major milestone in its global expansion. Founded in 2017 by former F1 driving simulation engineer Ash Warne, Dynisma has rapidly become a leader in high-fidelity motion simulation technology. The company’s simulators are renowned for their ultra-low latency and high bandwidth, offering an unmatched level of realism for motorsport teams and automotive manufacturers alike.
Trade Update June #4: Morocco, US-UK FTA, India, Taiwan
Benteler, the German automotive supplier, has officially commenced construction of its new manufacturing facility in Kenitra, Morocco, marking a significant milestone in the company’s global expansion strategy. The groundbreaking ceremony, held on June 24, was attended by key dignitaries including Morocco’s Minister of Industry and Trade, Ryad Mezzour, and Matthias Siemer, President of Benteler Automotive Components Europe.
Trade Update June #3: Amazon, Chips, Modi, Sweden, AI Sweden
Amazon has announced a $10 billion investment in North Carolina to expand its data center infrastructure and establish a new AI innovation hub. The investment, one of the largest in the state’s history, will be centered in Richmond County and is expected to create at least 500 high-skilled jobs. These roles will span data center engineering, network operations, security, and AI infrastructure management, with thousands more jobs supported indirectly through construction and the broader AWS supply chain.
Trade Update June #2: Monex, Surecomp, Yuno, Coco Robotics
Monex Grupo Financiero, a prominent financial institution in Mexico, has successfully modernised its trade finance operations by implementing Surecomp’s cloud-native solutions, marking a significant step in its digital transformation journey. The upgrade involves the deployment of Surecomp’s flagship back-office platform, DOKA-NG, alongside its front-end customer portal, allNETT. This transition replaces Monex’s legacy systems and is designed to enhance operational efficiency, customer engagement, and scalability in trade finance services.
Trade Update June #1: India, EU-Thailand, Scottish Salmon, Payments, Medtech, Denmark, Batteries
Shoolagiri, Tamil Nadu – May 28, 2025 — Schaeffler India, a leading manufacturer of automotive and industrial components, has inaugurated its fifth manufacturing facility in India, located in Shoolagiri, Tamil Nadu. This strategic expansion marks a significant milestone in the company’s commitment to strengthening its local manufacturing footprint and supporting India’s growing demand for advanced mobility solutions. The new facility spans a total plot of 108,000 square meters, with the first phase covering 16,500 square meters. This phase is expected to reach full operational capacity by the fourth quarter of 2025. The plant will focus on producing powertrain and chassis components, including technologies for both conventional and hybrid vehicles.
Trade Update May #4: Swedish solar, Welsh manufacturing, Spanish tech, Welsh chem
German energy company Uniper has announced plans to construct its first solar power farms in Sweden, marking a significant step in the company’s broader push toward renewable energy. The project will be developed in partnership with Solgrid, a solar energy provider, and will include two facilities—Segaas and Segerhult—located in central Sweden. The combined capacity of the two solar farms is expected to reach 35 megawatts (MW). Construction is scheduled to begin in early 2026, with completion anticipated by 2027.
Trade Update May #3: Boeing, Foxconn, Schneider, Labviva, Lucid
Boeing has officially opened its third distribution center in Germany, reinforcing its commitment to enhancing customer support and supply chain efficiency across Europe. The new facility, located in Dormagen, North Rhine-Westphalia, marks a significant milestone in Boeing’s global logistics strategy. Spanning over 4,500 square meters, the Dormagen center will house more than 9,000 unique spare parts for Boeing aircraft, including large components such as landing gear. This expansion is designed to reduce delivery times for major European airline customers, enabling faster repairs and more efficient maintenance.
Trade Update May #2: Finland, Turkey, Singapore, Malaysia, UKEF
The European Commission has announced €52 million to support nine renewable energy projects in Finland and Estonia. This funding, provided through the EU Renewable Energy Financing Mechanism, aims to enhance the renewable energy capacity of the EU while fostering cross-border cooperation among member states.
