The demand for ships capable of installing offshore wind turbines is outstripping supply as offshore wind capacity is expected to increase 5x between 2022 and 2035, Bloomberg reported on Thursday. Larger ships are required to transport wind turbines that can reach up to 300 meters in length. The industry is faced with the challenge of building new installation vessels — which takes at least three years and USD 400 mn each — or retrofitting older ones, which is also costly and time-consuming.

Hyundai and Kia are recalling 170k EVs in South Korea due to problems with the charging system software, Reuters reported on Thursday, citing the country’s transport ministry. The software issue could make it harder to charge low-voltage batteries and possibly cause the car to stop while driving. Hyundai will recall almost 114k EVs of five different models, while its sister company Kia will recall 56k vehicles.

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