LG Energy Solution (LGES) and Honda Motor Co. Ltd. (Honda) announced Friday the formal establishment of the joint venture (JV) that will produce lithium-ion batteries for electric vehicles (EVs) manufactured by Honda. The JV will begin construction of a new battery plant early this year with the goal
US-based Calavo Growers believes that the fundamental consumption trends for its products, including avocados, continue to be favorable. First, U.S. avocado demand continues to grow, with per capita consumption in 2021/2022 according to the USDA reaching 8.4 pounds per person, and approximately 65% higher than the estimate from
Among Ontario, Canada‘s top imports, motor vehicles and auto parts stand out in first place, worth 65.7 billion Canadian dollars in 2021. Other external purchases of Ontario are, in descending order: mechanical equipment (53.222 million Canadian dollars), electrical machinery (39.969 million), metals and precious stones (18.668 million) and
Canada operates 15 Free Trade Agreements (FTAs) around the world, according to information from the Canadian government, among which the Mexico-United States-Canada Agreement (USMCA) stands out. At the regional level, the T-MEC entered into force on July 1, 2020 and preserves the essential trade benefits of the North
China’s economy faces challenges in boosting its exports and coping with the Covid-19 pandemic, highlights an analysis released by National Bank of Canada. Although by early 2023 the sluggishness of Chinese households may have been partly offset by strong foreign demand, an export-led growth model no longer works
Mexico‘s avocado exports registered a year-on-year growth of 8.5% from January to November 2022, to 3.188 billion dollars, according to a report released by Grupo Consultor de Mercados Agrícolas (GCMA). Among the factors that place Mexico as the main supplier of fresh avocados worldwide, is the quality of