[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
On May 13, 2026, South Africa announced a $60 billion investment over the next three years for infrastructure projects such as ports, railways, and electricity, providing equipment supply and joint venture opportunities for Chinese companies.Editor/Gao Xue
In April 2026, the operating rate of port equipment increased by 7.65% year-on-year. Coastal provinces maintained their advantages, while inland provinces such as Sichuan and Shaanxi relied on the China Europe freight train to become new engines of foreign trade, enhancing the resilience of cross-border supply chains.Editor/Gao Xue