London, June 17, 2025 (Oilandgaspress) –-As Israel-Iran conflict focuses attention on immediate energy security risks, new IEA medium-term outlook sees global oil supply increase set to far outpace demand growth in coming years
With intensifying geopolitical strains and heightened uncertainty about global economic prospects, oil markets are undergoing structural changes as the key drivers of supply and demand growth of the past 15 years start to fade, according to the latest edition of the IEA’s medium-term outlook.
Oil 2025, out today, provides in-depth analysis of the latest data and forecasts for evolving oil supply, demand, refining and trade dynamics through to 2030, going beyond the near-term analysis provided in the IEA’s monthly Oil Market Report.
It highlights several important trends that could considerably reshape global oil markets over the medium term. According to the report, China – which has driven the growth in global oil demand for well over a decade – is set to see its consumption peak in 2027, following a surge in electric vehicle sales and the continued deployment of high-speed rail and trucks running on natural gas. At the same time, US oil supply is now expected to grow at a slower pace as companies scale back spending and focus on capital discipline – although the United States remains the single largest contributor to non-OPEC supply growth in the coming years.
In this context, global oil demand is forecast to increase by 2.5 million barrels per day (mb/d) between 2024 and 2030, reaching a plateau of around 105.5 mb/d by the end of the decade. At the same time, global oil production capacity is forecast to rise by more than 5 mb/d to 114.7 mb/d by 2030. This growth is set to be dominated by robust gains in natural gas liquids (NGLs) and other non-crude liquids. The strategic shift towards higher non-crude capacity is driven by strong global demand for petrochemical feedstocks and the development of liquid‑rich gas resources.
The OPEC+ alliance has started to unwind production cuts, reshuffling oil supply trajectories. However, the report finds that increased output from the United States, Canada, Brazil, Guyana and Argentina is set to be more than sufficient to cover the growth in global demand in the coming years. In the absence of major supply disruptions, the latest medium-term forecast sees a comfortably supplied oil market through 2030 – though significant uncertainties remain, especially given rising geopolitical risks and heightened trade tensions. Read More
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) | USD/bbl | $72.94 | Up |
| Crude Oil (Brent) | USD/bbl | $74.55 | Up |
| Bonny Light 13/06/25 CBN | USD/bbl | $77.73 | Up |
| Dubai | USD/bbl | $72.74 | Up |
| Natural Gas | USD/MMBtu | $3.79 | Up |
| Murban | USD/bbl | $74.60 | Up |
| OPEC basket 16/06/25 | USD/bbl | $73.15 | Down |
BP’s electric vehicle (EV) charging brand in China. BP pulse, and Chinese electric vehicle maker Xpeng Inc recently launched their first jointly operated charging station in Guangzhou, marking the initial step in their strategic partnership announced in January.
The Guangzhou station boasts an industry-leading configuration with 30 charging piles and 50 charging guns, including 480kW ultra-fast charging capabilities. Following the Guangzhou launch, BP pulse and XPeng will roll out three more co-branded charging stations in Beijing, Guangzhou, and Shenzhen in the near term.
Leveraging their joint site selection model, the partners will prioritize building high-standard stations in core urban areas based on EV user density, aiming to strengthen the charging infrastructure layout and provide drivers with enhanced charging services.
This expansion signifies the deepening of bp pulse’s and XPeng’s collaboration into key urban centers.
BP pulse and XPeng officially signed a memorandum of understanding on January 14, 2025. The partnership aims to mutually open their charging networks, allowing customers of both entities access to a widespread network of over 30,000 charging guns across 420 cities in China. The collaboration seeks to build a high-quality charging network in core Chinese metropolitan areas.
China has received recognition as a preferred global power — not through military might or cultural dominance, but by building roads, laying railway tracks and creating opportunities, according to new surveys and experts. Many African countries look at China as a trusted partner who treats them as equals and delivers large-scale infrastructure projects that have reshaped skylines and opened up new paths where none existed before.
A recent survey by Washington-based business intelligence company Morning Consult found that China enjoys a higher net favorability score than the United States in a global comparison across 41 countries. It marks the first time China has overtaken the US in global favorability since the company began its tracking.
Another survey, conducted by the pan-African research network Afrobarometer, showed China is viewed more positively than any other global or regional power in Africa.
The survey, covering 29 countries, revealed that 60 percent of respondents described China’s political and economic influence on their country as “somewhat positive” or “very positive” — ahead of the US, the European Union and the African Union.
Enphase Energy Rolls Out IQ Battery 5P with FlexPhase Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P™ with FlexPhase, for customers in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications, providing unmatched flexibility to meet diverse home energy needs. Enphase also launched the IQ Battery 5P with FlexPhase in Poland, Luxembourg, Germany, Austria, and Switzerland earlier this year.
The IQ Battery 5P with FlexPhase starts at 5 kWh of capacity and can be configured up to 70 kWh. Each 5 kWh battery delivers continuous power of up to 3.84 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new battery can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. It is designed to discharge up to two times the maximum continuous power for three seconds, enabling the operation of high-power devices during a grid outage when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Spain, Portugal, France, Sweden, Denmark, Belgium, and the Netherlands.
Hyundai Motor Gears Up for 10th Year at the Nürburgring 24 Hours, Hyundai Motor Company is set to mark a significant milestone at this year’s ADAC RAVENOL 24 Hour Nürburgring race, celebrating its 10th consecutive year of participation. This challenging competition, held at the Nürburgring Nordschleife in Germany on June 21-22, 2025, serves as a formidable testing ground for high-performance production cars.
In this year’s race, Hyundai Motor Company aims to secure a fifth consecutive victory in the TCR Class, fielding two formidable ELANTRA N TCR race cars. In addition, the ELANTRA N1 Cup car will compete in the SP3T Class at Nürburgring for the first time. With a dynamic lineup of seasoned champions and ambitious newcomers piloting these vehicles, Hyundai Motor is poised to demonstrate the exceptional performance and technical prowess of its Hyundai N models, solidifying the brand’s steadfast commitment to excellence in motorsport.
Building on a Decade of Nürburgring Experience
The Nürburgring 24 Hours is one of the toughest endurance races in the world, challenging drivers and teams to conquer the iconic 25.378-kilometer Nürburgring Nordschleife over a grueling, day-long battle of speed, skill and reliability. Since debuting at the race in 2016, Hyundai Motor has utilized this platform to push the boundaries of its production-based N brand vehicles, gathering invaluable data to enhance performance and durability — a testament to the brand’s dedication to innovation and excellence.
“Hyundai N has leveraged the Nürburgring as a proving ground since the launch of the brand and this event underscores its strategic significance as a critical arena for validating the capabilities of Hyundai Motor’s N models,” said Joon Park, Vice President and Head of N Brand Management Group. “Our decade-long journey here echoes our commitment to motorsport and high-performance engineering, and we aim to continue our dominance in the TCR class.”
ELANTRA N1 Cup car Debuts in SP3T Class
For the first time, the ELANTRA N1 Cup car, known as the AVANTE N1 Cup car in Korea, will make its debut at the Nürburgring, competing in the SP3T class. This entry marks not only Hyundai Motor’s commitment to expanding its one-make race series but also its dedication to promoting ELANTRA N’s performance and durability on an international stage.
The N1 Cup car will be piloted by an international cadre of drivers, each representing key markets for Hyundai Motor’s performance division (details below). Among them is Youngchan Kim from Korea, a Hyundai Junior Driver and rising star in the Hyundai N Festival, the biggest one-make series in Korea. Gyumin Kim, 2023 and 2024 N1 class champion at the Hyundai N Festival, China’s Zhang Zhen Dong, the reigning TCR Asia Champion, and Jeff Ricca from the United States, the 2024 TC America season champion, further diversify the team’s global appeal.
TCR Class: Aiming for the Fifth Successive Win
Saab signs new SEK 6 billion revolving credit facility Saab has signed a new SEK 6 billion revolving credit facility agreement with a group of 11 relationship banks.
The facility has a tenor of five years with two one-year extension options. The new facility replaces Saab’s existing SEK 4 billion and SEK 2 billion revolving credit facilities signed in 2021.
This strengthens Saab’s financial flexibility and supports the company’s continued growth.
Vestas wins 124 MW order in Canada from EDF power solutions North America Vestas has received a 124 MW order from EDF power solutions North America (EDFps) to supply 20 EnVentus V162-6.2 MW wind turbines for the Haute-Chaudière wind project in Québec, including a 10-year Active Output Management (AOM) 5000 service agreement. Once operational, Haute-Chaudière will provide clean and secure energy to tens of thousands of Québec homes while supporting local job creation and industrial development.
“The Haute-Chaudière project is a strong example of what’s possible when experienced partners come together to combine supply chain excellence with world-class technology. We’re proud to partner with EDF power solutions as they continue demonstrating their long-term commitment to deliver wind energy across Québec,” said Laura Beane, President, Vestas North America. “With Hydro-Québec’s goal of adding 10 GW of wind power by 2035, the province has both the sustained volume and the ambition to lead and it’s only through strong partnerships like this, that those goals become a reality.”
“EDF power solutions and Vestas share a strong, long-standing partnership that spans over two decades and 2.9 GW of wind energy projects across North America,” said Tristan Grimbert, President and CEO at EDF power solutions North America. “The Haute Chaudière wind project, one of three projects awarded by Hydro-Quebec through its call for tenders, represents our renewed collaboration with Vestas. This strategic contract not only strengthens the relationship between our companies but also paves the way for future opportunities to advance wind energy.”
Neste extends sustainable aviation fuel (SAF) supply to Ontario International Airport Neste has reached an agreement with Amazon to provide 7,500 metric tons (2.5 million gallons) of neat Neste MY Sustainable Aviation Fuel™ for its Amazon Air cargo operations at San Francisco International Airport and Ontario International Airport in California, through to the end of 2025. This agreement makes Amazon the first company to purchase and use sustainable aviation fuel (SAF) at Ontario International Airport, ranked among the top 10 cargo airports in the U.S.*
Amazon has made an ambitious commitment to reach net-zero carbon emissions across its global operations by 2040, and adopting SAF is a key lever to decarbonize its air cargo operations. The agreement to use SAF in California is part of a broader cooperation between Amazon and Neste that started four years ago when Neste delivered SAF to Amazon at Cologne Bonn Airport in 2021.
Neste’s SAF is blended with conventional jet fuel and supplied to the Amazon Air network at both airports. The first volumes were successfully delivered earlier this year. Leveraging Neste’s SAF supply capabilities established in Northern California in 2020, the fuel is delivered directly to San Francisco International Airport via existing pipeline infrastructure. For Amazon Air’s operation at Ontario International Airport, the SAF is delivered to the airport by trucks from Neste’s SAF terminal facilities in Los Angeles by Diesel Direct, Neste’s long-term partner. Diesel Direct uses Neste’s renewable diesel to fuel trucks dedicated to the SAF deliveries to reduce greenhouse gas (GHG) emissions from SAF transportation.
John Crane introduces groundbreaking dry gas sealing solution John Crane, a global leader in rotating equipment solutions, and a business of Smiths Group plc, today announced the launch of the Type 93AX Coaxial Separation Seal – a next generation dry gas sealing solution engineered to help customers reduce emissions, improve equipment reliability, and lower operational costs.
The Type 93AX builds on John Crane’s legacy of industrial sealing expertise with a robust, fail-safe design that remains operational even in the event of multiple failure scenarios. Designed based on direct customer feedback, test data indicates the mechanical seal reduces nitrogen consumption by up to 80%, compared to conventional radial separation seals – offering significant efficiency and sustainability benefits.
Addressing real industry challenges
Research has shown that contamination is a significant contributor to dry gas seal failures, making it one of the leading causes of unscheduled maintenance and equipment downtime. The Type 93AX is engineered to prevent oil ingress from the compressor bearing chamber, minimising this risk and supporting more reliable, continuous operation.
According to Deloitte, unplanned downtime costs the global process industries an estimated $50 billion annually, with equipment failure responsible for 42% of that unplanned downtime. In energy and process applications, this can result in losses of up to $42 million per facility per year, on average.
The Type 93AX is designed to mitigate both performance and financial risks by extending the reliability of the dry gas seal system and reducing demand on supporting infrastructure such as nitrogen (N2) generators and air compressors.
Three operating scenarios for added resilience
The seal supports three operating modes and automatically adapts in failure situations to minimise disruption and contain gas or oil migration:
• Scenario 1: Standard operation: Non-contacting operation provides positive oil ingress mitigation.
• Scenario 2: Separation gas loss: Maintains non-contacting operation and oil control even without separation gas.
• Scenario 3: Dry gas seal failure: Restricts process gas leakage during compressor shutdown (up to 35 bar), while maintaining seal integrity up to 70 bar.
Supporting operational and sustainability goals
The Type 93AX helps contribute to sustainability goals through reduced emissions and lower energy usage. By cutting nitrogen use by up to 80%, it decreases demand on N2 generation systems – a source of both energy consumption and cost. According to the International Energy Agency (IEA), improving industrial efficiency could cut global energy use by 12% by 2040, further underlining the importance of solutions like the Type 93AX.
Mike Eason, Chief Technology Officer at John Crane, said: “Our customers told us they wanted a separation seal that increases safety, efficiency, and reliability. The Type 93AX delivers on these priorities. It’s designed to keep working in real-world failure conditions to protect their most critical assets, and reduce environmental impact, while driving down OPEX and CAPEX.
Eason continued: “The new seal is compatible with John Crane’s dry gas seal portfolio and is supported by a global network of over 200 facilities, including manufacturing, sales and services, and 13 global turbo service centres in more than 50 countries. It can be sold as part of a bundled first-fit order or compressor upgrade, or supplied as a stand-alone product to meet customer-specific requirements.
TotalEnergies Awarded an Offshore Wind Concession in the North Sea. TotalEnergies, as a shareholder of North Sea OFW One GmbH, has been awarded the N-9.4 offshore concession by the Federal Network Agency. Located in the North Sea, approximately 150 kilometers northwest of the German island of Heligoland, the N-9.4 concession covers an area of around 141 square kilometers and will enable the development of 1GW of offshore wind capacity. The concession is granted for a period of 25 years, extendable to 35 years.
This N-9.4 concession is located in very close proximity to the N-9.1 and N-9.2 sites, jointly owned by RWE and TotalEnergies, TotalEnergies’ intending to prioritize the development of this cluster and leverage synergies to optimize construction and operating costs for the benefit of its customers.
As part of this award, Offshore Wind One GmbH will pay €18 million to the German federal government in 2026, which will be allocated to marine conservation and the promotion of environmentally friendly fishing practices. In addition, an annual contribution of €8.1 million will be paid for 20 years to the electricity transmission system operator responsible for connecting the project, starting from the commissioning of the site.
Furthermore, considering the longer delays in the connection timelines announced by the German transmission system operators (TSOs), TotalEnergies has launched a strategic review of the various concessions obtained since 2023, with a view to engaging in dialogue with the German authorities to explore the conditions of their possible developments.
TotalEnergies Signs a Deal with Quatra to Secure Feedstock for its Biorefineries. TotalEnergies and Quatra, the European market leader in the collection and recycling of used cooking oil, have signed a 15-year agreement beginning in 2026, for the supply of 60,000 tons a year of European used cooking oil to TotalEnergies’ biorefineries. This deal contributes to secure the feedstock to produce biodiesel and sustainable aviation fuel (SAF).
From the collection of used cooking oil to the production of biofuels in France
Under the terms of the agreement, Quatra will collect used cooking oil directly from restaurants, restaurant chains and industry in France and the rest of Europe. The oil will then be delivered to Quatra sites for filtering before being shipped to TotalEnergies’ biorefineries to produce road biofuels and SAF.
TotalEnergies has converted its refineries at La Mède in the south of France and Grandpuits near Paris into biorefineries.
La Mède: The biorefinery at La Mède, launched in 2019, has an annual production capacity of 500,000 tons of biofuel. Through this site, TotalEnergies is the only producer of HVO biodiesel in France. This year, La Mède will also produce sustainable aviation fuel for airports in the south of France.
Grandpuits: the site’s conversion into a zero-crude complex includes a biorefinery with an annual production capacity of 230,000 tons of sustainable aviation fuel. Commissioning is planned for 2026. TotalEnergies has partnered with SARIA, the European leader in the collection and reuse of organic waste in the form of sustainable products, which will supply most of the site’s feedstock.
The Maritime Standard UAE Yearbook 2025/26, The tenth edition of The Maritime Standard UAE Yearbook 2025/26 was unveiled at the Norshipping conference and exhibition which was held in Oslo, Norway, during the first week of June. The first edition was presented at Norshipping by TMS Managing Director, Trevor Pereira, to Captain Ammar Mubarak Al Shaiba, CEO, Maritime & Shipping Cluster & Noatum Maritime, AD Ports Group, who was attending the event as part of a high level UAE delegation.
The Yearbook subsequently received a positive reception at Norshipping where it was widely distributed at this world-leading event.
Trevor says, “The TMS UAE Yearbook has become an established and much valued publication within the industry, as evidenced by reaching this ten-year milestone. The 2025/26 edition is packed full of articles about the UAE’s maritime cluster, which highlight the progress and development that continues to take place under the guidance of the country’s wise leadership.”
In total 10,000 copies of the TMS UAE Yearbook 2025/26 will be distributed worldwide over the coming weeks.
TMS UAE Yearbook Editor, Clive Woodbridge, says, “The Yearbook includes a host of in-depth, locally researched articles which demonstrate the breadth and depth of the maritime sector within the UAE. We are proud to be able to tell the story of the continued growth of this sector to a global audience.”
Daimler Truck and Volvo Group in a Joint Venture to unlock the digital future of commercial vehicles Daimler Truck and Volvo Group, two of the leaders in the commercial vehicle industry, announce the launch of Coretura AB, their joint venture aimed at transforming the commercial vehicle industry through a new software-defined vehicle platform and establishing a new industry standard. Coretura will enable Daimler Truck and Volvo Group and other future customers to provide differentiating stand-alone digital vehicle applications for their products.
Following the binding joint venture agreements signed on October 28, 2024, Daimler Truck and Volvo Group have obtained all required regulatory approvals and have now launched the new company Coretura. Following the joint venture transaction, Coretura, based in Gothenburg, Sweden, began operations in the beginning of June 2025. Coretura will be led by a four-member Executive Management team consisting of two members from each of the shareholders. Johan Lundén has been appointed as CEO coming from Volvo Group where he previously held responsibility for Strategic Product Planning, Project and Innovation management.
Unlocking the digital future of commercial vehicles
As commercial vehicles are becoming more digital, the mission of Coretura is to build the non-differentiating core, a standardized and open software-defined vehicle platform and dedicated commercial vehicle operating system.
Coretura’s activities also include the specification and procurement of centralized high-performance control units at scale dedicated for commercial vehicles and capable of handling large amounts of data. This will enable the decoupling of software and hardware development cycles, allowing end customers to purchase and update digital applications wirelessly ‘over the air,’ enhancing safety, efficiency and customer experience.
The multifunctional nature of the Tourbillon’s electric motors In the latest chapter of the Bugatti ‘A New Era’ documentary series, the intricate engineering behind the Tourbillon’s¹ groundbreaking hybrid powertrain takes center stage. Episode 08, now available on the Bugatti YouTube channel, offers an unprecedented glimpse into how the union of cutting-edge electric technology with naturally aspirated V16 power creates an entirely new paradigm for hyper sports car performance. The philosophy driving this innovation challenges conventional thinking about electrification in high-performance cars. Rather than electric motors serving as a replacement for the combustion engine, the approach here sees them as enablers; sophisticated tools that unlock the full emotional potential of a high-revving naturally-aspirated V16 engine. The episode reveals the complete powertrain system in extraordinary detail; a technological masterpiece comprising the naturally aspirated 8.3-liter V16 engine, eight-speed double-clutch transmission with torque-vectoring differential, and a 250-kilowatt electric motor capable of reaching 24,000 rpm. This entire assembly weighs just 430 kilograms, remarkably matching the weight of the Chiron’s engine alone.
Jacob & Co. Bugatti Tourbillon timepiece Following the 2024 release of the Jacob & Co. Bugatti Tourbillon timepiece, the brands join forces once again, taking their collaboration to new heights, with a new horological format: an exquisite table clock. The Bugatti Calandre blends historic features, high watchmaking and delicate artistry. Designed as part of a partnership between Jacob&Co., Bugatti and Lalique over a three-year R&D process, this timepiece is a rare piece of craftsmanship, bringing together Bugatti’s rich history and Jacob & Co.’s innovation in high watchmaking. The Bugatti Calandre reflects Jacob & Co.’s ability to translate one century of iconic design cues from Bugatti into an intricate timepiece. Featuring a Lalique-crafted crystal case and timeless design elements, the Bugatti Calandre pays homage to past generations of Bugatti artistry, seamlessly integrating heritage with the visionary future of the iconic automotive marque.
Jacob & Co. first references the legendary Bugatti Type 41 Royale with two intricately sculpted Dancing Elephants – an artistic tribute to Rembrandt Bugatti, the renowned sculptor and brother of Ettore Bugatti. These graceful creatures are leaning symmetrically toward each other, a style that defined numerous Lalique clock designs. Next, the name of the product, Calandre, is a nod to Bugatti’s French roots and translates to the radiator grille, celebrating the iconic horseshoe grille found on Bugatti vehicles. Above the grille details sits the Bugatti brand logo known as the Bugatti Macaron, with its deep red color known to car lovers and collectors all over the world.
Lastly, behind the horseshoe grille, Jacob & Co. fitted a clock caliber featuring a vertical flying tourbillon in reference to Bugatti’s newly released Bugatti Tourbillon hyper sports car, doubling as a nod to the tourbillon’s original purpose, increasing accuracy in vertically positioned timepieces.
Taycan Turbo GT achieves more lap records The Taycan Turbo GT success story continues with two more lap records. The flagship model set new records as the fastest series-production electric car on the Road Atlanta circuit in the US state of Georgia and on the Yas Marina Circuit in Abu Dhabi.
The Taycan Turbo GT with Weissach Package has set two new lap records for series-production electric cars – at Road Atlanta (US) and at the Yas Marina Circuit (UAE). Patrick Long completed an exceptionally fast lap in just 1:27.1 minutes on the 4.088-kilometre Road Atlanta circuit. This new lap time beats the record set by the Taycan Turbo S in 2020 (1:33.8 minutes) by more than six seconds. “I expected precise steering, but I didn’t realise how perfectly the Porsche Active Ride system would compensate for the car’s body motion,” said the professional racing driver and brand ambassador for Porsche Cars North America after his record-breaking drive.
Audi unveils EV ambition with cutting-edge Changchun plant Audi has underlined its electric ambitions in China with its most advanced production facility, targeting the world’s largest and most competitive auto market.
Built with a focus on sustainability, automation, and digital integration, the facility owned by Audi FAW NEV Co underscores the brand’s goal to reset the benchmark for intelligent EV production.
Located in Changchun, capital of Northeast China’s Jilin province, it is the German premium brand’s first purpose-built plant for fully electric models in China, reflecting its long-term commitment to localization.
The plant is serving as the production hub for the Q6L e-tron and some other models based on Audi’s Premium Platform Electric, an electric platform co-developed with Porsche.
The Q6L e-tron, which features German engineering and Huawei’s smart driving system, started presales in late May.
The Changchun plant comprises five workshops, including battery assembly, and uses advanced manufacturing techniques such as digital twins and full-automation welding lines.
Baker Hughes Rig Count: U.S. U.S. -4 to 555 Canada +24 to 138
U.S. Rig Count is down 4 from last week to 555 with oil rigs down 3 to 439, gas rigs down 1 to 113 and miscellaneous rigs unchanged at 3.
Canada Rig Count is up 24 from last week to 138, with oil rigs up 22 to 91, gas rigs up 2 to 47 and miscellaneous rigs unchanged at 0.
| Region | Period | Rig Count | Change |
| U.S.A | 13 June 2025 | 555 | -4 |
| Canada | 13 June 2025 | 138 | +24 |
| International | May 2025 | 886 | -5 |
Xiaomi powers EV growth through smart manufacturing Inside a workshop at Xiaomi’s electric vehicle (EV) factory, the scene is a stark contrast to what one might expect to see on a factory floor.
With few workers in sight, robotic arms move with precision and speed, seamlessly assembling vehicle body components. Autonomous Mobile Robots (AMRs) glide across the floor, efficiently transporting materials to their designated stations.
Xiaomi entered the EV market in 2021, setting up a state-of-the-art factory spanning some 720,000 square meters in the Beijing Economic-Technological Development Area, also known as Beijing E-Town — a key innovation hub for China’s autonomous driving industry. The market newcomer unveiled its SU7 model in March 2024.
Every 76 seconds, a new Xiaomi vehicle rolls off the production line at the factory, with over 700 robots operating around the clock to enable the full automation of key processes such as large-scale die casting.
The factory embodies Xiaomi’s vision for smart manufacturing, in which intelligent machines take the lead and automation fuels both quality and efficiency.
New Opel Grandland Electric AWD Ultimate available for €59,990 (RRP incl. VAT in Germany) › With its unique design, high level of comfort and numerous innovative solutions combined with the fully electrified drivetrains, the Opel Grandland makes a clear statement as the brand’s top-of-the-line model. Now the unmistakable SUV ‘made in Germany’ is becoming even more attractive. Because order books for the new Opel Grandland Electric AWD – the first all-electric Opel model with all-wheel drive – are now open. At launch, the electric all-wheel drive SUV is available in a very special variant: as the extensively equipped Ultimate version. With many additional features such as the panoramic glass sunroof, 20-inch alloy wheels in ‘Diamond Cut’ aero design, 360° Intelli-Vision camera and Intelli-HUD head up display as standard, the new Opel Grandland Electric AWD Ultimate is available from €59,990 (RRP incl. VAT in Germany). And with ’Electric All In’1, Opel is now making the switch to electric mobility even easier and more attractive.
The performance data speaks for itself: the new Grandland Electric AWD offers a system output of 239 kW (325 hp). The new all-wheel drive system combines the standard 157 kW (213 hp) front-wheel drive electric motor known from the Grandland Electric with an additional 82 kW (112 hp) electric motor for the rear wheels. Thus, the Grandland Electric AWD achieves a maximum torque of 509 Nm. The all-wheel drive vehicle accelerates from 0 to 100 km/h in just 6.1 seconds. In the Ultimate trim, the Grandland Electric AWD can travel up to 489 kilometres (WLTP3) without charging stop; further trim versions with a range of up to 501 kilometres (provisional value according to WLTP3) will follow later this year. The Grandland Electric AWD needs less than 30 minutes to recharge its 73 kWh lithium-ion NMC battery (usable capacity) from 20% to 80% at a public fast-charger.
2025 Venture Awards Celebrate Startups Partnering with Stellantis Stellantis N.V. has honored six startup partners and two startups backed by the Stellantis Ventures capital fund with its fourth annual Venture Awards, recognizing bold innovations and high-impact collaborations that are shaping the future of mobility and delivering customers meaningful value.
“These startups help us go faster and further in creating technology that improves people’s lives,” said Ned Curic, Chief Engineering and Technology Officer at Stellantis. “We’re proud to work alongside such inventive teams as we build products and services that truly matter to our customers.”
The 2025 Venture Awards spotlight companies selected for their innovation, tangible results, and potential to scale across Stellantis brands and platforms. Honorees are grouped into three focus areas:
Saab receives order from Sweden on Giraffe 4A radar systems Saab has received an order from the Swedish Defence Materiel Administration (FMV) of Giraffe 4A radar systems with associated services to the Swedish Armed Forces. The order value is approximately SEK 1.4 billion with deliveries 2026-2027.
Giraffe 4A will further strengthen Sweden’s ground-based air surveillance and offers a mobile modern sensor, enabling software-based updates.
“We are proud to continue to support the Swedish Armed Forces by an important piece of the puzzle in the new sensor system program and thereby Swedish national defence. Giraffe 4A strengthens Sweden’s mid-range sensor capability and make for a long-term capability development, says Carl-Johan Bergholm, Head of Business Area Surveillance.
Giraffe 4A is a multi-functional radar, giving the user several different capabilities. By the ability to identify and track a high number of objects simultaneously the system is suitable for air and sea surveillance as well as military air traffic control.
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Segun Cole , victor@oilandgaspress
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