[Freyr plans to build €1.6 billion gigafactory near the Arctic Circle] Norwegian battery maker Freyr plans to build a €1.6 billion Arctic Gigafactory with the help of €400 million in guarantees and loans from Norway's export credit agency Eksfin. Freyr expects the plant to be one of the largest and most efficient in Europe, with 50% lower capital expenditure per GWh of capacity and more than 200% higher output per employee than conventional lithium-ion plants. Editor/Xing Wentao

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• 2026.05.20 10:22
• [Shanghai vigorously develops high-end shipping service industry]
• On May 18, 2026, Shanghai announced that it will enhance the resource allocation capacity of international shipping centers, vigorously develop high-end shipping services, promote financial technology, shipping insurance, digital trade and other matters, encourage enterprises to establish global supply chain management centers, and build digital management platforms.Editor/Gao Xue

• 2026.05.20 10:20
• [Accelerate and upgrade the recycling and utilization of industrial resources in China]
• In May 2026, the first full chain resource recycling system for rail transit in China will be put into operation in Tianjin. The steel and aluminum alloy recycling rate of retired subway trains exceeds 98%, and the remanufacturing of wind turbine blades and engineering machinery is being promoted simultaneously. By 2025, the total amount of recycled resources will reach 1.39 trillion yuan.Editor/Gao Xue