Masdar and Emirates Steel Arkan Partner for Green Hydrogen Project to Decarbonize UAE Steel Industry

According to the latest statistics from TrendForce, global sales of new energy vehicles — including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hydrogen fuel cell vehicles — reached 3.94 million units in Q1 2026, a 2% year-over-year decline, accounting for 19% of global auto sales in the first quarter. China's new energy vehicle market entered an adjustment period; meanwhile, the Western European market showed signs of recovery, and BEV sales in Japan and South Korea also saw significant growth.

The launch event for Dongyu Xinsheng's 120Ah ultra-fast charging battery cell was held in Yichang. The 120Ah ultra-fast charging battery cell now entering mass production was jointly defined, co-developed, and jointly manufactured by Dongfeng Motor and Sunwoda. The product features 4C ultra-fast charging capability, enabling a 10%-80% charge in just 15 minutes. The production line has an automation rate of over 90% and is equipped with an AI-powered intelligent quality management system, with the battery cell's design service life exceeding 1 million kilometers.

Data released by the European Automobile Manufacturers' Association (ACEA) showed that European auto sales climbed for the third consecutive month in April, with new car registrations up 7% YoY to 1.15 million units. Sales grew in major markets including Germany and the UK, with EV deliveries surging 38%. Driven by new subsidy policies, EV sales in Germany, Europe's largest auto market, jumped 41%.