[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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• 2026.07.30 16:40
• [Uzbekshtagan launches $1 billion toll loop]
• Tashkent, the capital of Uzbekistan, is promoting transportation upgrades, with a total investment of about 1 billion US dollars and a 100 kilometer double decker toll ring road entering the planning stage. A memorandum of cooperation has been signed with China Railway Construction Corporation and China Hunan Overseas, covering projects such as tunnels, overpasses, BRT corridors, and road renovations. In addition, China Construction plans to invest 500 million US dollars in the construction of supporting road networks. The relevant agreements are not yet final contracts, and multiple Chinese enterprises continue to expand their presence in the local infrastructure market.Editor/Gong Ziwei

• 2026.07.30 16:36
• [Multiple eVTOLs showcased at Shanghai exhibition]
• Recently, the 2026 International Low Altitude Economy Expo opened in Shanghai, showcasing 570 aircraft. The low altitude economy is accelerating into the commercialization stage, with multiple aircraft appearing, significantly reducing flight operating costs. Enterprises are collaborating on logistics operations and emergency rescue to expand real-life applications. The exhibition supporting seminar released relevant action proposals, and China actively participated in the construction of global standards for low altitude economy, exploring scalable industry development plans in China.Editor/Gong Ziwei