BYD's special adviser for the European market says the company is actively seeking a production base in Western Europe.

Midea says demand for its PortaSplit portable-split air conditioners in Europe has outstripped supply amid recent heatwaves. With several ocean containers already en route, the company expects more than 100 containers to arrive in early July to replenish European inventories and address the peak in cooling demand. Midea’s Europe home AC R&D head Dong Yunjun noted Western European markets — including Germany, France and the UK — have long faced barriers to broader cooling adoption (installation limits, high installation costs, labour shortages, outdoor-unit noise and high rental housing rates), and repeated heatwaves are shifting consumers from short-term coping to seeking permanent cooling solutions.

ADP report: U.S. private employers added 98k jobs in June. Gains were uneven—financials and information led hiring, while leisure and hospitality recorded weak hiring for a sixth consecutive month.