Major battery industry investment heads to Hungary: Chinese state-backed battery supplier to create hundreds of jobs

🇭🇺🇨🇳 Another major Chinese battery industry investment is heading to Hungary. As battery-sector investments continue to grow, so do the questions over their long-term economic and environmental impact:

Continue reading: https://dailynewshungary.com/battery-investment-chinese-state-supplier/

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Elon Musk Said He Wouldn’t Take SpaceX Public — Two Things That Changed His Mind

Elon Musk struggled massively with the pressure of Tesla being a public company. Many see the company as an obvious, insane success — especially as it trades at a P/E ratio of 357.29 — but the stress of getting Tesla to profitability and the difficulty dealing with quarterly financial analyst ... [continued]

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Air Lubrication For Ships Is Real. The Air Still Isn’t Free.

The interesting part of Everllence and Silverstream’s Engine Supported Air Lubrication concept is not that ships can reduce drag by pushing air under the hull. That has been known for decades, and commercial systems are already in service. The interesting part is where the air comes from, because air lubrication’s ... [continued]

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Investments Starting to Grow Nicely In Africa’s Electric Motorcycle Sector

Driven by rising fuel costs, increasing demand for affordable transportation and growing policy support for clean energy solutions, investors are increasingly backing scalable electric motorcycle platforms capable of supporting Africa’s next phase of urban and industrial growth. The electric motorcycle sector is growing nicely on the continent. I have been ... [continued]

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Belgium’s Hydrogen Stations Have A Kilograms-Per-Day Problem

Belgium has another hydrogen refuelling announcement, and on the surface it sounds like progress. Atawey is selling three new hydrogen stations to Colruyt Group and Virya Energy for heavy-duty mobility, with a stated combined distribution capacity of more than 7 tonnes per day and deployment planned by the end of ... [continued]

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Pakistan eyes investment opportunities at Russian forum

Pakistan is set to participate in the St Petersburg International Economic Forum (SPIEF 2026) with a high-level delegation, as the country seeks to strengthen economic ties with Russia and attract new investment opportunities. Read More: Pakistan pushes reforms to accelerate investment and export growth The four-day forum, which begins on June 3 in St Petersburg, is regarded as […]

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SEC Formally Proposes Rescinding Climate Disclosure Rule, Deepening Retreat From Investor Protection

Proposal would leave investors with less information about climate risks while advancing legal theory that could weaken corporate disclosure more broadly. Proposal would leave investors with less information about climate risks while advancing legal theory that could weaken corporate disclosure more broadly WASHINGTON, D.C. — The Securities and Exchange Commission today formally ...…

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Tesla & SpaceX Merger Getting Real

Steve Hanley had an excellent article this week discussing how the SpaceX IPO may well be a boondoggle to bail out a couple of Elon Musk ventures and enrich a few friends. It’s honestly a bit shocking once you get into the details of the IPO. I think most of ... [continued]

The post Tesla & SpaceX Merger Getting Real appeared first on CleanTechnica.

Nordic Game 2026 was full of smiles, but they hid a very tough reality | Opinion

The indie conference Nordic Game returned to Malmö this week, and although the event naturally has a big focus on Scandinavian developers, there was a multinational flavour to the event booths. Germany, Ukraine, and Moldova were among the countries represented on the show floor, and in fact the Moldovan game Lootbound scooped the People's Choice Award, which is voted for by conference attendees.…

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Ryt Bank introduces Ryt Invest with RM1 entry and 0% sales charge

Ryt Bank has introduced Ryt Invest, a new in-app investment feature that enables users to invest from as low as RM1. Introduced in partnership with Opus Asset Management, Ryt Bank claims to be the first digital bank to offer expert-led funds in-app and it is aimed at making institutional investment expertise accessible to Malaysians. At […]

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Africa’s Solar Boom May Be Hiding In The Import Data

At the start of 2026, I predicted that Africa would surprise a lot of observers with solar deployment this year. That was in my 2026 energy predictions article, and the prediction was not based on one giant solar park, one government announcement, or one development bank programme. It was based ... [continued]

The post Africa’s Solar Boom May Be Hiding In The Import Data appeared first on…

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China’s Cloud Chain Eyes Up to $2bn Textile Hub in Port Said

Chinese industrial developer Cloud Chain is planning to establish a USD 1.5 billion–2 billion integrated textile industrial city in Port Said, in what officials describe as a potentially carbon-neutral manufacturing complex and one of the largest textile investment projects proposed in Egypt in recent years. According to Egypt’s Ministry of Investment and Foreign Trade, the proposed “Egyptian…

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NIO Financials Up Huge Year Over Year! But Market Not Happy.

NIO has published its first quarter financials. There’s good news and less good news. The company was able to achieve an adjusted operational profit (non-GAAP) for the second quarter in a row, as well as an adjusted net profit (non-GAAP). However, the company didn’t achieve a GAAP operational profit or ... [continued]

The post NIO Financials Up Huge Year Over Year! But Market Not Happy. appeared…

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Volkswagen Buys More Rivian (RIVN), At Risk Of $1.75 Billion In Fines

We’ve got some positive news from Volkswagen and Rivian this month, but we’ve also got a matter of concern for Volkswagen that could be quite costly. Volkswagen × Rivian Going Well One of Volkswagen’s big EV plays in the past several years has been partnering with Rivian, including investing in ... [continued]

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Can Egypt’s ‘Productive Villages’ Plan Reshape Rural Employment?

Egypt is betting that rural industrialization could become a key tool in addressing unemployment, strengthening local economies, and reducing migration pressures on major cities through its newly launched “Productive Villages” initiative. The programmed, currently entering its pilot phase across selected governorates in the Delta and Upper Egypt, aims to establish small and medium-sized factories…

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Hydrostor’s Underground Pumped Hydro Ontario Storage Plan Runs Into the BESS Benchmark

Ontario does not need another storage technology startup searching for a problem today. It needs capacity, flexibility, and reliability in specific places where the grid is constrained and where new generation and wires take years to build. That is the right way to look at Hydrostor’s proposed Quinte Energy Storage ... [continued]

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Strait Of Hormuz Sulfur Shock Previews Fertilizer’s Future

When people think about the Strait of Hormuz, they think about oil tankers, LNG carriers, naval escorts, insurance premiums, and the price of gasoline. They generally do not think about yellow piles of sulfur beside gas plants, phosphate fertilizer complexes, or the acid circuits that keep copper and nickel processing ... [continued]

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