[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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• 2026.11.12 10:30
• [China's crude oil imports decrease by 15.1% in the first 10 months of 2026]
• In the first 10 months of 2026, the total import and export value of China's goods trade was RMB 44.81 trillion, a year-on-year increase of 20%. Among them, exports amounted to 25.99 trillion yuan, an increase of 17.6%; Imports amounted to 1.882 trillion yuan, an increase of 23.6%. From the perspective of key commodities, in terms of imports, China imported 8.17 trillion yuan worth of mechanical and electrical products in the first 10 months, an increase of 35%; 400 million tons of crude oil, a decrease of 15.1%; Agricultural products amounted to 1.29 trillion yuan, an increase of 4.6%. Editor/Cheng Liting

• 2026.11.12 10:29
• [Pure electric solar powered unmanned aerial vehicle makes its maiden flight and lands]
• On November 11, 2026, China's independently developed "Light Cavalry" small and medium-sized solar powered unmanned aerial vehicle successfully made its maiden flight at an airport in northwest China. As a pure electric aircraft powered solely by solar energy, the "Light Cavalry" has core advantages such as long endurance, rapid deployment, and convenient support. This model is 3.2 meters long, with a wingspan of 8 meters, and a maximum designed endurance time of 30 hours. Editor/Cheng Liting