[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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  • 2026.10.20 12:01
  • [Türkiye's first floating natural gas production unit sets sail]
  • On October 17, 2026, Türkiye's first floating natural gas production unit, Osman Gazi FPU, set sail from the Port of Felios in the Black Sea to Sakarya gas field. After the platform is put into operation, the daily output of local natural gas will double from 9.5 million cubic meters to 20 million cubic meters. When commercial production is realized in early 2027, it can cover one third of the domestic gas consumption in the country, contributing about 3.5 billion dollars to Türkiye's economy every year. Editor/Cheng Liting
  • 2026.10.20 12:00
  • [New energy vehicle production of 1.87 million units in September 2026]
  • On October 19, 2026, the latest data from the National Bureau of Statistics showed that in September, the output of 271 out of 626 products in industries above designated size increased year-on-year. Among them, there were 1.87 million new energy vehicles, an increase of 16.9%. Editor/Cheng Liting
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