NT joins hands with MEAei to launch NEXA EV Station Hub project, building a nationwide EV network

Jinguan Electric announced that its wholly owned subsidiary Jinguan Solar-Storage-Charging has signed an EPC general contracting framework agreement with SPIRO, with a total contract value not exceeding 296 million US dollars including tax, covering 50 grid-connected or off-grid integrated solar-storage-charging station projects in Africa. The company stated that this amount is an estimate based on standard station benchmark prices and planned quantities, and is not the final determined total price; actual execution will be subject to the specific EPC execution agreements subsequently signed by both parties. It is expected that only some batches of stations will be completed and delivered within this year, and contract revenue will be recognized in stages, with a relatively limited impact on the company's operating performance for 2026.

Pilot and Tesla have opened their first Tesla Megacharger site at a Pilot travel center in Ellabell, Georgia, launching a new charging network at select Pilot locations designed to support heavy-duty electric trucks along major U.S. freight corridors. The site at Pilot #1390, located at 130 Interstate Exchange Way, has six heavy-duty charging stalls now open. Twelve additional heavy-duty charging locations are actively under construction, with three near completion and expected to come online soon: Flying J #1071 in Tulare, California, opening October 9, 2026; Flying J #553 in Fort Stockton, Texas; and Pilot #341 in North Las Vegas, Nevada. Each location will feature four to eight high-power charging stalls powered by Tesla's V4 cabinet technology, and according to Tesla each stall can deliver up to 1.2 megawatts of power, allowing a Tesla Semi to recover 60% of charge in 30 minutes. Pilot and Tesla announced their collaboration in January 2026, with plans to develop a network of Tesla Megachargers at select Pilot locations along I-5, I-10 and other major freight corridors across California, Georgia, Indiana, Nevada and Texas.

Norway's electric vehicle market is forecast to grow 13.3% annually to reach US$113.8 million in 2026 and approximately US$190.9 million by 2030, a 13.8% CAGR from 2026 to 2030, according to a new ResearchAndMarkets.com databook. The market rose from US$100.5 million in 2025 after a CAGR of 11.6% during 2021-2025. Tesla remained the leading brand in 2025, with Volkswagen closing the gap toward year-end, while Volvo, Toyota, BMW and BYD also compete. Norway's government has proposed cutting the VAT exemption threshold for electric cars from NOK 500,000 to NOK 300,000 in 2026 and has signalled removal of VAT benefits from 2027, a shift expected to boost compact and lower-priced EVs and pressure premium models. Enova is supporting charging stations for electric trucks and buses, and Circle K and Omexom upgraded the Furuset location in Oslo into Circle K's largest global EV charging hub, featuring 28 ultra-fast chargers.

Seres has taken a stake in Yi'anqi, the supercharging joint venture between BMW and Mercedes-Benz. Qichacha app data shows that Beijing Yi'anqi New Energy Technology Company recently underwent a business registration change, with BMW Brilliance Automotive and Mercedes-Benz Group China seeing their shareholding ratios decrease, while Seres was added as a shareholder. At the same time, the registered capital was increased to 150 million yuan. The company was established in 2024, and its business scope includes research and development of emerging energy technologies, operation of electric vehicle charging infrastructure, centralized fast-charging stations, and sales of motor vehicle charging. Public information shows that the company is a new energy vehicle charging service provider.

Ittirit Nice Corporation Public Company Limited, or ITTHI, has unveiled its three-year JUMP+ Plan to boost corporate value over 2026–2028, targeting net profit of 200 million baht by 2028, more than a sevenfold increase from net profit of 28.18 million baht in 2025. The company aims for revenue growth of 40% in 2026, rising to 45% in 2027 and 50% in 2028, while EBIT margin is targeted to rise from 5.36% in 2025 to 20%, 22%, and 24% respectively. Its core strategy focuses on capturing government project work and building partnerships with real estate developer groups, while expanding into specialised project work for hospitals, educational institutions, hotels, and the industrial sector. For 2026, the company aims to generate revenue from innovative lighting products, solar power systems, smart home technology, smart streetlights, and electric vehicle charging infrastructure, before developing a central platform under the name Smart Lighting Mall in 2028 to bring together a complete product portfolio. It also targets raising the share of electric vehicles in its corporate transport fleet to 50% in 2026 and 100% in 2027.

Green Rain Energy Holdings Inc. announced plans to expand its electric vehicle charging infrastructure with two new locations at Driftwood Hospitality properties in Florida and an exploration of the Las Vegas, Nevada market. The company said it aims to integrate solar energy solutions with high-speed EV charging, part of a broader effort to build a geographically diverse EV infrastructure platform across major urban and commercial markets in the United States. The announcement was issued via GlobeNewswire on 01 October 2026. In other market moves, Jardine Matheson Southeast Asia traded firmly up 10.4% to end the day at SGD29.30, while Schneider Electric lagged, down 10% to close at €272.80, after conducting M&A calls last week regarding its acquisition of PTC Inc. Vistra finished at $144.89, up 3.5%, Tesla closed at $378.73, up 2.2%, and GE Vernova closed at $990.00, up 0.1%.