Ai

Electric Vehicles

Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook

Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…

South Korea

Seoul Plaza to Undergo First Major Renovation in 21 Years

The Seoul Metropolitan Government announced on Monday that Seoul Plaza, located in front of Seoul City Hall, will undergo its first major renovation since its o…

Battery

Samsung SDI to Showcase New High-Density Battery at 2025 Interbattery Europe in May

Samsung SDI, a leading battery manufacturer, will unveil its U8A1 high-density battery, designed for uninterruptible power supply (UPS) systems targeting AI dat…

Nuclear Power Plant (NPP)

New Nuclear Power Projects Get Green Light

On Sunday, China’s State Council, chaired by Premier Li Qiang, approved several new nuclear power projects, including Phase III of the Sanmen Nuclear Powe…

Electric Vehicles

Tesla Hikes Prices on Its EVs in Canada Amid Tariffs, Expect Demand Collapse

Tesla, the American electric vehicle manufacturer, has raised prices across its entire lineup in Canada, with increases ranging from 13% to 22%. The adjustments…

HVDC

SAP Build Apps Revolutionizes 50Hertz High-Voltage Grid Maintenance in Germany

50Hertz, a transmission system operator under Elia Group, manages the high-voltage grid across northern and eastern Germany, covering nearly one-third of the co…

Offshore Wind Power

Azerbaijan and China to Jointly Develop Offshore Wind Project in Caspian Sea

The Ministry of Energy of Azerbaijan has entered into two agreements with Chinese companies to advance a 2 GW offshore wind project in the Caspian Sea. A Memora…

Solar Panel

Reliance Industries Commission Its First Line for Manufacturing of Solar Panels

Reliance Industries, India’s largest conglomerate with interests in oil, petrochemicals, telecom, and retail, announced the commissioning of its first sol…

Metal

Lynas Rare Earths’ Q3 Revenue Misses Estimates as Pricing, Volatility Weighs

Lynas Rare Earths, the largest producer of rare earths outside China, reported its third-quarter gross sales revenue on Monday, reaching A$123 million ($78.62 m…

Metal

Tesla Humanoid Robot Project Hampered by China’s Rare Earth Export Curbs

During a recent earnings call, Tesla CEO Elon Musk announced that production of the company’s Optimus humanoid robot faces delays due to China’s exp…

China

JD Logistics, Faurecia Enter Into Strategic Partnership to Drive Green, Digital Innovation of Auto Supply Chain

On April 25, during the "FORVIA Group 2025 Sustainability Day" event, JD Logistics and Faurecia (China) Holding Co., Ltd., a subsidiary of FORVIA Group, signed …

Norway

Marrying Sails and Biofuel, Odfjell Tanker Demonstrates ‘First’ Near Carbon-Neutral Transatlantic Voyage

Norwegian shipping company Odfjell reported that its chemical tanker, Bow Olympus, is crossing the Atlantic using a combination of wind-assisted propulsion and …

Photovoltaic （PV）

China Says Wind and Solar Energy Capacity Exceeds Thermal for First Time

In the first quarter of 2025, China’s wind and solar energy capacity surpassed that of thermal power, primarily coal-based, for the first time, according …

United States

Balfour Beatty Secures $889M Reconstruction Contract for I-30 in Texas

Balfour Beatty, an infrastructure group, has secured an $889 million contract from the Texas Department of Transportation to rebuild a 3.7km section of Intersta…

Japan

NEC Claims Japan’s Longest Wireless Optical Data Link With 10KM Test

NEC Corporation has successfully conducted Japan’s longest terrestrial free-space optical (FSO) communication, achieving a distance exceeding 10 kilometer…