China cut oil imports hard — and why it is not and may never rush back. China cut crude imports from 11.7 million b/d in February to just under 9 million by late May, and by May imports hit 7.8 million b/d — the lowest since 2018 — with state refinery run rates at 66.3%, …
BYD regained the global lead in battery electric vehicle (BEV) sales in Q2 2026 (April–June) by selling 557,090 passenger BEVs compared to Tesla’s 480,126 deliveries. BYD’s Q2 performance was a solid sequential rebound (strong QoQ growth) after a weak start to 2026, but still slightly down YoY overall. The main forcus is overseas sales to …
There could be a deal between the USA and Iran. This would restore oil traffic over the next 30-60 days. The US has a southern route through Hormuz that has about 3-7 million barrels per day which is two to four large oil supertankers per day. US Energy Secretary Chris Wright said vessels under US …
CATL will invest 5 billion yuan ($735 million) to significantly expand its sodium battery capacity by an added 40 GWh per year. According to a public document released on Thursday by environmental authorities in Ningde, Fujian province — CATL’s headquarters city — the expansion project will add 40 GWh of annual production capacity for sodium-ion …
The Unitree GD01 will mass produce the world’s first transforming commercial giant Mech. It was announced by Unitree Robotics on May 12, 2026. It is a civilian vehicle that a human pilot rides inside (open cockpit in the torso) and not yet a fully autonomous robot. It transforms between bipedal (upright 2-leg walking) and quadrupedal …
Elon Musk are walking with Eric Trump and his wife in a small group behind Trump and a group of about ten US and China leaders going to a limo after getting off Air Force One. Elon Musk arrives with President Trump and the U.S. delegation in Beijing, China. pic.twitter.com/yqCGkMCkbH — America (@america) May 13, …
In May, 2025, Trump’s Middle East tour (Saudi Arabia, Qatar, UAE) where he brought 40+ executives including tech/finance heavyweights like Nvidia’s Jensen Huang, OpenAI’s Sam Altman, Boeing, Amazon, Blackstone, resulted in major announcements for the big CEOs. May 2025 Middle East Deals were announced on-site or within days. Massive investment pledges into the U.S. — …
Deepseek v4 is out now, about expected, close to frontier behind about 3-6 months maybe. The big thing is price, its 1.74 per million tokens in and 3.48 per million tokens out. The output tokens are like up to 10x cheaper than the frontier. If you accept gpt 5.2 or gemini 3 performance they will …
China is $8.4 billion in credit lines + state-backed plans targeting gigawatt-scale AI compute in space by 2035. China’s orbital AI data center push, led by startup Orbital Chenguang (Beijing Orbital Twilight Technology Co., Ltd.) with massive state-aligned backing, represents an ambitious, hybrid public-private effort to sidestep terrestrial constraints on AI scaling. The goal is …
Europe’s restrictive energy policies—characterized by lengthy, fragmented permitting (often 7–10+ years for renewables and industrial projects), heavy environmental/regulatory burdens, NIMBY/local opposition, carbon pricing (ETS), and phased-outs of reliable baseload (nuclear/coal) without rapid replacement—have led to persistently high energy costs, volatility, and slow infrastructure rollout. China has a permissive pro-growth energy approach. State-directed fast approvals, massive …
Tesla has regained the global lead in BEV deliveries, as BYD’s BEV sales dropped significantly in the first quarter. Tesla had 358023 BEV sales globally in Q1 2026 while BYD had 310,389. Tesla China Mar wholesale deliveries jump as market recovers. Tesla China’s wholesale volume reached 85,670 vehicles in March, representing a 46.20% increase from …