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Industry
Desktop fusion device achieves 11 million-degree plasma milestone toward commercialisation
U.S. fusion startup Avalanche said it has generated plasma of about 11 million degrees Celsius in a desktop-sized prototype, reaching a temperature close to the sun’s core. The company said this clears a key technical threshold for fusion, though it does not mean net energy production. Avalanche is pursuing a small, low-cost system and said it has raised less than $50 million to reach this stage. The result has not been peer reviewed.
Mobility
Amsterdam Schiphol airport trials electric TaxiBot tug, expects 80% cut in aircraft ground emissions
Amsterdam Schiphol Airport has begun trial operations of the electric aircraft tug TaxiBot to sharply cut emissions produced during ground movements. The airport is testing the system in a real operating environment and expects it to reduce carbon emissions from ground taxiing by more than 80 percent. TaxiBot can move aircraft and supply power without running the main engines or auxiliary power unit, cutting fuel use, noise and exhaust exposure.
Industry
BYD, Xpeng push ahead as Honda, Volkswagen slow, diverging global EV strategies
Chinese electric vehicle makers are intensifying their overseas push, expanding exports and moving to build local production bases in Europe. BYD topped 130,000 overseas exports in April and is linked to possible moves involving Stellantis facilities, while Xpeng is reported to be pursuing a Volkswagen plant. In Germany, companies report high satisfaction with electric trucks. By contrast, Honda and Volkswagen are slowing electrification plans. Tesla is advancing FSD expansion while facing transparency and safety disputes.
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Mobility
Musk\'s 172.4 trillion won Terafab bet, Japan\'s cardboard drone grabs attention
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Mobility
Tesla Semi has cost advantage over diesel trucks, saves 600 million won over 10 years
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Mobility
Orders line up for Tesla Semi, electric truck race effectively over
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Economy
Naphtha up 68 percent, ethylene up 61 percent as March producer prices post biggest rise in 4 years
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Politics
Ruling, opposition parties agree on 26.2 trillion won extra budget, keep aid plan for bottom 70 percent by income
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Mobility
Toyota adds standard anti-theft and safety features to Land Cruiser 250 gasoline model
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Finance
High oil prices, weak won and rising prices put Bank of Korea monetary policy at crossroads
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AI & Enterprise
AI power and heat crunch reshapes cooling and transformers as electricity access emerges as new edge
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Mobility
Seoul gasoline price tops 1,900 won on third day of second oil price cap
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Mobility
Tesla to make its own semiconductors for EVs and space
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General News
Fuel prices fall nationwide after oil price cap takes effect; gasoline at 1,893 won
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Finance
NongHyup to spend 30 billion won on emergency tax-free fuel and gas station discounts
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Industry
Hanwha presents localisation model for Saudi Vision 2030 defense drive
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Industry
Tesla Model 3 seen entering 30 million won range in South Korea; FSD shifts to monthly subscription only
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Mobility
FedEx rolls out electric delivery trucks in Japan, eyes 62 tonnes a year carbon cut