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Monday, 27 July 2026

38 briefs so farlast update 18:52 UTC

Key points

  • Kuwait Leases Oil Pipeline Network to Blackstone, Brookfield and KKR in USD 16 Billion Deal.
  • Brent Falls More Than 9% Intraday as Middle East and Black Sea Supply Fears Ease.
  • Varta Files for Self-Administered Insolvency, Solar Storage Unit Included.
  • LG Energy Solution Seeks US Import Ban on EVE Energy Battery Cells Over Five Patents.

Transport

Schwarz Group Pulls Electric Cars From German Company Car List

Schwarz Group has temporarily dropped fully electric cars from its company car list in Germany, according to electrive. The retreat is limited to the German fleet.

The company points to a volatile market environment and shifting regulatory frameworks as the reasons behind the move, electrive reported.

Resale values are the sharper pressure point. According to Welt, the measure is primarily driven by what used electric cars fetch on the second-hand market, because Schwarz Group does not lease its company cars but buys them outright and sells them later. That purchasing model leaves the residual value risk on the buyer's balance sheet rather than with a leasing provider, so any softening in used EV prices lands directly on the fleet owner.

Outside Germany, the policy does not apply. In other European countries, Schwarz Group plans to keep adding new electric vehicles to its fleet, electrive reported. The split treatment isolates the German used-car market as the specific constraint rather than the technology itself.

The company describes the German exclusion as temporary.

Source: electrive.com (opens in a new tab)1 sourcePermalink

Transport

Hyundai Motor Group Bundles Smart and Bidirectional Charging Under AllDayEnergy Brand

Hyundai Motor Group is creating a new offering called AllDayEnergy that bundles smart charging, vehicle-to-grid, and vehicle-to-home services, according to electrive.

The brand covers three application areas: V1G smart charging, V2G grid feed-in, and V2H household supply. electrive reports the offering will begin with smart charging in the UK before extending to other countries.

Official market launch is scheduled for the second half of 2026, delivered first through the Kia app in the UK, with planned expansion into continental Europe, the USA, and Korea, per electrive.

Woong Tae Hwang, Vice President and Head of the EV Energy Strategy Group at Hyundai Motor Group, said the service will keep expanding globally, "allowing customers to seamlessly optimize their energy usage, reduce their energy costs, and contribute to grid sustainability".

A large-scale V2G trial is already running in South Korea's special administrative region of Jeju, electrive reported.

Source: electrive.com (opens in a new tab)1 sourcePermalink

Transport

BYD Confirms 1,008 km CLTC Range for Great Han Flagship Sedan

BYD has confirmed a CLTC range of 1,008 km on a single charge for the Great Han, its new flagship electric sedan, according to Electrek.

The car goes public at the Chengdu Motor Show, which runs from August 21 to August 30, 2026, Electrek reported. Lu Tian, general manager of BYD's Dynasty series, said the Great Han will be revealed at the show next month.

Two powertrains are planned. Electrek reported that the single rear-mounted motor version delivers 370 kW (496 hp), while the all-wheel-drive dual-motor model produces a combined 570 kW (764 hp).

Charging is where BYD is pushing hardest. The sedan uses the company's Blade Battery 2.0 paired with its Flash Charging system, which according to Electrek recharges the pack from 10% to 70% in five minutes using 1,500 kW technology.

The combination of the quoted range figure and the five-minute charge window places the Great Han at the top of BYD's Dynasty lineup, the series Lu Tian manages.

Source: electrek.co (opens in a new tab)1 sourcePermalink