[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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• 2026.05.27 11:55
• [The freight volume of China Russia railway continues to rise]
• From January to April 2026, the freight volume of the Russia China railway increased by 3% year-on-year, reaching 62.7 million tons, and the container transportation volume steadily increased. Among them, Russia exports a considerable amount of resource goods such as coal, iron ore, petroleum products, and fertilizers to China, while the import of chemicals, industrial products, automotive parts, and other goods from China has increased significantly. Freight transportation is divided into two channels: port and border port. The freight performance of the Outer Baikal Port is impressive. The Russian side stated that the railway freight volume between Russia and China has reached a historic high in 2025, and it is expected that the railway freight volume between the two countries will set a new record in 2026.Editor/Gong Ziwei

• 2026.05.27 10:58
• [Upgrading Plan for Bulk Commodity Logistics between China and Russia]
• During Putin's visit to China, China and Russia finalized a plan to upgrade the logistics of bulk commodities, focusing on optimizing the efficiency of customs clearance at ports such as Manzhouli and Heihe, simplifying the customs declaration and inspection process, and launching the Far East Logistics Infrastructure Expansion Plan to enhance border warehousing and transit capabilities. Both sides will enhance cross-border trunk transportation capacity around core commodities such as energy, minerals, and grain, reduce logistics costs, and improve turnover efficiency. This efficient and risk resistant commodity circulation corridor will bring medium - and long-term dividends to mainline logistics enterprises and supply chain service providers. Editor/Cheng Liting