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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…

China

China’s JD.com Inches Closer to Korean Entry After Setting up Logistics Centers in Gyeonggi

JD.com, a leading Chinese e-commerce company, has established logistics centers in Incheon and Icheon, Gyeonggi, South Korea, signaling its intent to enter the …

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…

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…

Gas turbine engine

Duke Energy Taps GE Vernova for Gas Turbine Partnership

Duke Energy and GE Vernova have entered into a partnership to supply natural gas turbines and related equipment to address increasing energy demands driven by a…

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…

Nuclear waste

Sogin Begins Dismantling Garigliano Radwaste System

Societa Gestione Impianti Nucleari (Sogin), an Italian state-owned company, has started dismantling the former radwaste system at the Garigliano Nuclear Power P…

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…

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 …

SMR

GBN Issues Tender for SMR Engineers

Great British Nuclear (GBN), the UK agency overseeing new nuclear projects, will launch a tender on June 2 to appoint up to two owner’s engineers (OEs) fo…

Floating Offshore Wind

Japan’s First Barge-Type Floating Wind Turbine Enters Commercial Operation

The Hibiki floating wind turbine project, located 15 kilometers off the Kitakyushu coast in Japan, has begun commercial operation, according to the project cons…

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 …