CATL’s Shenxing battery wins the AUTOBEST 2024 award

NINGDE, China, Dec. 15, 2023 /PRNewswire/ — On December 15, the international jury panel of AUTOBEST announced that CATL’s Shenxing battery has won the TECHNOBEST 2024 award following voting by jury members from 31 European nations. This is the first time a battery product has won the TECHNOBEST award, and CATL is the first China-based… Continue reading CATL’s Shenxing battery wins the AUTOBEST 2024 award

Drone Logistics and Transportation Market worth $16.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 15, 2023 /PRNewswire/ — The Drone Logistics and Transportation market is valued at USD 0.9 billion in 2023 and is projected to reach USD 16.1 billion by 2030, at a CAGR of 50.1% from 2023 to 2030 according to a new report by MarketsandMarkets™. The drone logistics market is experiencing explosive growth, fueled by… Continue reading Drone Logistics and Transportation Market worth $16.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

SpiceJet Board Approves Raising of over INR 2,250 Crore through Issue of Equity/Equity Warrants

Fresh capital will strengthen SpiceJet’s financial position and provide resources to invest in growth plans  GURUGRAM, India, Dec. 15, 2023 /PRNewswire/ — The Board of Directors of SpiceJet Ltd. has approved the raising of fresh capital of over INR 2,250 Crore (approximately USD 270 million) through the issuance of equity shares to Financial Institutions, FII’s, HNI’s… Continue reading SpiceJet Board Approves Raising of over INR 2,250 Crore through Issue of Equity/Equity Warrants

Trip.com Group’s latest ESG report: 16 million choose sustainable travel options, low-carbon hotel bookings surge

SINGAPORE, Dec. 15, 2023 /PRNewswire/ — Trip.com Group released its annual Environmental, Social and Governance (ESG) report for the fourth consecutive year, highlighting its sustainability practices across the business. Key findings in the report reveal the preference for low-carbon products across Trip.com Group. In the past year, more than 16 million Trip.com Group customers opted for… Continue reading Trip.com Group’s latest ESG report: 16 million choose sustainable travel options, low-carbon hotel bookings surge

E-Mobility, A New Reality: UAE Residents Expect Complete Electric & Hybrid Vehicle Domination In A Few Years, Reveals Survey Amidst COP28

63% of respondents plan to make EVs their primary mode of transport by 2025. 73% confident the UAE will have charging stations every few kilometres by 2028. 28% believe that by 2030, nearly 50% of the UAE’s population will be driving EVs or hybrid cars DUBAI, UAE, Dec. 15, 2023 /PRNewswire/ — Al-Futtaim Automotive, one of the major… Continue reading E-Mobility, A New Reality: UAE Residents Expect Complete Electric & Hybrid Vehicle Domination In A Few Years, Reveals Survey Amidst COP28

Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

Hyundai Motor Company and Mubadala Investment Company to explore collaboration on future mobility and cutting-edge technologies, including the hydrogen value chain and production The parties will also explore potential investment opportunities SEOUL, South Korea and ABU DHABI, UAE, Dec. 15, 2023 /PRNewswire/ — Hyundai Motor Company and Mubadala Investment Company “Mubadala”, an Abu Dhabi-based global sovereign… Continue reading Hyundai Motor and Mubadala Collaborate on Future Business Opportunities

UnionPay International Partners with Trip.com to Provide Global Travelers with Enhanced Payment Experiences

SHANGHAI, Dec. 15, 2023 /PRNewswire/ — UnionPay International (“UPI” or “the Company”) recently partnered with Trip.com, the world’s leading online travel agency (OTA), to provide UnionPay cardholders an enhanced payment experience in a partnership that coincides with the gradual recovery of the cross-border tourism market. The cooperation covers all major transaction currencies on Trip.com’s global sites… Continue reading UnionPay International Partners with Trip.com to Provide Global Travelers with Enhanced Payment Experiences

6K Inc. is recognized in Stellantis’ 2023 Venture Awards

NORTH ANDOVER, Mass., Dec. 14, 2023 /PRNewswire/ —  6K Inc. is honored to be recognized in Stellantis’ 2023 Venture Awards, as one of its Top-Performing Innovation Partners. Since Stellantis announced its investment in 6K earlier this year the company has experienced remarkable growth and achieved significant milestones. From breaking ground on PlusCAM™, the world’s first sustainable… Continue reading 6K Inc. is recognized in Stellantis’ 2023 Venture Awards

Lassen Peak Demonstrates World’s First Handheld Concealed Weapon Detection at IACP

Following landmark demonstration, Madrona Ventures leads $6 million expansion of Series A Round BELLEVUE, Wash, Dec. 14, 2023 /PRNewswire/ — Today, Lassen Peak announces the world’s first demonstration of handheld concealed weapon detection using Terahertz frequency imaging radar.  The Lassen Peak team demonstrated successful detection of concealed weapons using a functional Proof of Concept (PoC)… Continue reading Lassen Peak Demonstrates World’s First Handheld Concealed Weapon Detection at IACP

Steve Robins appointed Managing Director of Hyperbat

OXFORD, England, Dec. 14, 2023 /PRNewswire/ — Hyperbat, the leading manufacturer of high-performance electric vehicle batteries in the UK, has appointed Steve Robins as its new Managing Director. Hyperbat is a joint venture between Unipart and Fortescue WAE and specialises in manufacturing cutting-edge EV battery systems. Continue Reading Steve Robins Managing Director at Hyperbat Steve… Continue reading Steve Robins appointed Managing Director of Hyperbat