AGP Executive Report
Last update: 4 hours agoEV & Auto Manufacturing: Polestar, a Sweden-headquartered EV maker owned by Geely, says it will not pursue its planned South Carolina expansion after a US Commerce decision blocks sales of certain connected vehicles from China/Russia-linked firms starting with 2027 models. Energy & Industry Policy: The EU is launching a race for next-gen AI “gigafactories,” with up to €10bn in combined EU and national funding and a target of at least €20bn private investment, aiming to boost Europe’s computing capacity for AI training and deployment. Food & Consumer Goods: Oatly reports profitable Q2 2026 growth, driven by Barista milk demand in Europe, and lifts its 2026 revenue growth outlook. Sweden Business & Manufacturing: A Swedish-linked fraud case lands in US court: Escobar Inc.’s CEO, a Swedish national, gets 48 months for selling fake Escobar-branded consumer products. Nordic Mobility & Logistics: Sweden’s Einride signs a cooperation framework with the Transportation Ministry, pointing to continued push in connected freight automation. Local Industry Culture: Sweden’s Aurora car show returns on the west coast, drawing 16,500 visitors and spotlighting classic-to-hypercar craftsmanship.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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