[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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• 2026.03.25 15:13
• [Construction machinery exports surge 33.4% at the beginning of 2026]
• In the first two months of 2026, the export of construction machinery reached US $10.69 billion, a sharp increase of 33.4%. Latin America and Africa became new engines of growth, and the the Belt and Road contributed significantly. Growth momentum switching: Electric loaders surged 112.7%, with high value-added products leading the way. Enterprises upgrade from selling products to building ecosystems: Zoomlion Hungary factory is established, and Shantui Co., Ltd. is deeply cultivating regional differentiation. More importantly, the industry is shifting from exporting individual products to collaborating with the entire industry chain to go global. By building deep barriers through localized factories and supporting services, China's construction machinery is accelerating towards a new stage of global manufacturing. Editor/Cheng Liting

• 2026.03.25 11:42
• [Henan Luhun Irrigation District Renovation Project Approved]
• Recently, the Development and Reform Commission of Henan Province approved the feasibility study report of the modernization renovation project of Luhun Irrigation District in Henan Province, which benefits 7 counties (cities, districts) in Luoyang, Pingdingshan, and Zhengzhou. This place experiences nine droughts in ten years, making it difficult to irrigate with water. The total construction period of the renovation project is 36 months, which will upgrade the channels and water pipelines, build and renovate 24 new channels (pipes) and 214 buildings, improve the level of informatization, and improve the irrigation area after completion. Editor/Cheng Liting