Hyundai Motor CFO says the company aims to cut raw‑material costs for hybrid models by 20% by 2030.

Drone attack on Chernihiv, Ukraine, kills two.

China's Ministry of Industry and Information Technology Vice Minister Xin Guobin said the 15th Five-Year Plan period will prioritize growth by deepening integration of technological and industrial innovation and developing new productive forces. MIIT will adopt an industry-sets-problems, technology-provides-solutions approach, strengthen public technology service and pilot-scale platforms to accelerate original technologies into pilot trials and scaled application, and cultivate new scenarios, formats and business models to expand higher-quality supply for diverse consumer groups.