Industries
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SVOLT Energy Reaches $1.58b Funding in Five Months
SVOLT Energy Technology Co., Ltd. (“SVOLT”), a Chinese EV battery manufacturer has raised total funding of 10.28b RMB ($1.58b) after completing a…
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UK’s Second Largest Apple Supplier Bought
Camellia Plc, the global agriculture group, has purchased an 80% stake in the UK’s second-largest supplier of apples, Bardsley England, for £15.7m.Bardsley…
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Huawei to Develop Autonomous Vehicle With GAC Group
The Chinese car manufacturer GAC Group and tech giant Huawei have officially announced they are working on a joint project to develop…
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Sodium-Ion Battery to Rival Lithium Battery
At an online launch event on the 29th July 2021, Contemporary Amperex Technology Co., Ltd. (CATL) unveiled its first-generation sodium-ion battery, together…
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Mercedes-Benz in Acquisition of Electric Motor Maker
Mercedes-Benz has announced the acquisition of YASA, a next-generation electric drive technology developer. Under the terms of the acquisition, YASA will operate…
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Smart Eye & OmniVision Partner on Sensing Solution
Smart Eye and OmniVision have partnered to provide the automotive industry with a “ground-breaking” end-to-end interior sensing solution. Through a combination of…
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Construction Begins on One of Germany’s Largest Carbon-Free Hydrogen Plants
The official groundbreaking of one of Germany’s largest carbon-free hydrogen plants has taken place in Wunsiedel, Germany, with Bavarian Minister-President Dr Markus Söder…
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Communications & Power Industries Acquires TMD Technologies
Communications & Power Industries (CPI) has successfully completed the purchase of TMD Holdings Limited and its subsidiaries, including TMD Technologies Limited and…
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Indonesian Oil Giant Invests $12b Into Clean Energy
Pertamina NRE (PNRE), the major Indonesian energy company, has announced it is targeting an installed capacity of 10 GW of clean energy…
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Austria’s Postal Service Goes Electric With ABB
Austrian full-service provider eww Anlagentechnik and ABB have supplied Austria with electric charging capabilities for its national postal service, Österreichische Post. 2,000 AC-charging…
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