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Electric Vehicles

EV Maker Lucid Cuts 2025 Production Forecast as Supply Challenges Hurt

Lucid Group lowered its 2025 vehicle production forecast to 18,000 units, interim CEO Marc Winterhoff said on Wednesday, as the U.S.-based electric vehicle manu…

Nuclear Reactor

Chinese Molten Salt Reactor Achieves Conversion of Thorium-Uranium Fuel

The experimental TMSR-LF1 thorium-powered molten salt reactor in Wuwei, Gansu Province, has successfully achieved the first conversion of thorium-uranium nuclea…

Electric Vehicles

BYD Hits 2025’s Best-Ever Monthly Sales in Oct.

In October 2025, BYD Company Limited sold a total of 441,706 vehicles, marking a 12.13% year-on-year decline but an 11.47% increase from September, according to…

Japan

Avantium’s Plant-Based PDF Cleared for Recycling in Japan’s Pet Bottle System

Avantium, the Dutch renewable and circular polymer specialist, has secured approval in Japan for recycling its plant-based plastic releaf, a polyethylene furano…

France

Airbus Needs 235 Deliveries to Reach Year-End Goal

Airbus delivered 585 aircraft in the first ten months of the year, industry sources said, leaving 235 planes to deliver by year-end to reach its full-year goal …

United States

Amazon’s $38 Billion OpenAI Deal Shows It Is No Longer an AI Laggard

Amazon’s $38 billion cloud agreement with OpenAI marks a major milestone for the company’s cloud computing division, Amazon Web Services (AWS), following rece…

Battery

Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials

China Petroleum & Chemical Corporation (Sinopec) and LG Chem announced a joint development agreement on key materials for sodium-ion batteries, aiming to advanc…

Gas turbine engine

Fermi America Leases GE Turbines for Texas HyperGrid Project

Fermi America has signed a long-term capital lease agreement with Mobile Power Solutions (MPS) for seven GE TM2500 gas turbines, providing a total of 157.5MW of…

South Korea

LG Chem and Zeiss Announce Alliance on Photopolymer Film for Holographic Displays

Zeiss, headquartered in Jena, Germany, and LG Chem, based in Seoul, South Korea, have announced a strategic partnership aimed at establishing a robust, sustaina…

Electric Vehicle Battery

Samsung SDI in Talks With Tesla to Supply Energy Storage Batteries, Shares Soar

South Korea’s Samsung SDI announced on Tuesday that it is in discussions with Tesla to supply energy storage batteries, in a deal estimated by local media…

Metal

Glencore Plans to Shut Canada’s Largest Copper Metal Operation Over Costs

Glencore is reportedly planning to close its Horne smelter, Canada’s largest copper metal-producing facility, due to environmental challenges and the sign…

United States

SLB Launches New AI Product as It Focuses on Digital Sales Growth

Energy technology company SLB (SLB.N) announced on Monday the launch of a new artificial intelligence tool called Tela, designed to automate processes and workf…

Oil Refinery

Exxon Explores More Refinery Upgrades as It Hones in on Higher-Value Products

Exxon Mobil (XOM.N) is exploring further opportunities to upgrade its refining and chemical operations after launching four new projects this year, an executive…

Panama

Panama Canal to Complete Prequalification for Port Concessions in Early 2026

Executives from the Panama Canal Authority plan to meet with global shipping companies in early December to discuss potential participation in the construction …

Brazil

Brazil to Expand Amazon River Flow for Year-Round Soy and Corn Exports

Brazilian authorities have approved the construction of a canal through 35 kilometers of rocky rapids in the Amazon rainforest, a major development aimed at fac…