Fadu posted second-quarter revenue of 73.2 billion won and operating profit of 16.3 billion won, it said on Sunday. Revenue rose 208.9 percent from a year earlier and operating profit swung to a profit. Compared with the previous quarter, revenue increased 22.9 percent and operating profit rose 111.6 percent. First-half revenue totalled 132.7 billion won and operating profit was 24.0 billion won, turning from a loss a year earlier.

BMW plans to launch its hydrogen fuel cell SUV, the iX5 Hydrogen, in 2028. It unveiled the fifth-generation X5 with five powertrain plans, including a hydrogen model, but did not disclose sales markets. BMW links hydrogen vehicles to broader energy storage needs as renewable power expands. The iX5 Hydrogen stores 7 kg of hydrogen and targets up to 750 km range with refuelling in under 5 minutes, while infrastructure, costs and hydrogen’s environmental footprint remain constraints.