Electric vehicle

STOREDOT ON SCHEDULE FOR ITS 100inX PRODUCT ROADMAP, CAPABLE OF ADDING 100 MILES OF RANGE IN JUST 4 MINUTES

Retrieved on: 
Tuesday, February 13, 2024

This builds on its previously announced introduction of production-readiness cells capable of 100 miles in 5 minutes this year, and 100 in 3 minutes by 2028, as the company continues its path towards commercialization.

Key Points: 
  • This builds on its previously announced introduction of production-readiness cells capable of 100 miles in 5 minutes this year, and 100 in 3 minutes by 2028, as the company continues its path towards commercialization.
  • This advancement relies on a suite of holistic design and engineering upgrades to the entire battery system, rather than focusing purely on charging speed.
  • Specifically, StoreDot is targeting at least a 10% improvement in energy density compared to its 100in5 cells.
  • StoreDot remains on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028.

STOREDOT ON SCHEDULE FOR ITS 100inX PRODUCT ROADMAP, CAPABLE OF ADDING 100 MILES OF RANGE IN JUST 4 MINUTES

Retrieved on: 
Tuesday, February 13, 2024

This builds on its previously announced introduction of production-readiness cells capable of 100 miles in 5 minutes this year, and 100 in 3 minutes by 2028, as the company continues its path towards commercialization.

Key Points: 
  • This builds on its previously announced introduction of production-readiness cells capable of 100 miles in 5 minutes this year, and 100 in 3 minutes by 2028, as the company continues its path towards commercialization.
  • This advancement relies on a suite of holistic design and engineering upgrades to the entire battery system, rather than focusing purely on charging speed.
  • Specifically, StoreDot is targeting at least a 10% improvement in energy density compared to its 100in5 cells.
  • StoreDot remains on track with production-readiness of XFC cells that can deliver 100 miles charged in 5 minutes this year, 100 miles charged in 4 minutes in 2026 and 100 miles charged in 3 minutes by 2028.

CARIBBEAN UTILITIES COMPANY, LTD. (CUC) ANNOUNCES 2023 YEAR END RESULTS AND STRATEGIC MILESTONES

Retrieved on: 
Saturday, February 10, 2024

GRAND CAYMAN, Cayman Islands, Feb. 9, 2024 /CNW/ - Caribbean Utilities Company, Ltd. ("CUC or "the Company") announced its audited results for the twelve months ended December 31, 2023 ("Fiscal 2023") (all figures are in United States Dollars).

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Feb. 9, 2024 /CNW/ - Caribbean Utilities Company, Ltd. ("CUC or "the Company") announced its audited results for the twelve months ended December 31, 2023 ("Fiscal 2023") (all figures are in United States Dollars).
  • Lifecycle upgrades for 68MW generation are in progress with expected completion of 2 of the units (32 MW) in 2024.
  • In 2023, the Company achieved an average annual outage duration time of 1.7 hours per customer which surpasses the United States average 2022 results.
  • Capital Expenditures for Fiscal 2023 were $97.6 million, an increase of $1.8 million from capital expenditures for Fiscal 2022.

SEALSQ Broadens Market Reach and Semiconductor Innovation in the United States

Retrieved on: 
Friday, February 9, 2024

Establishment of the US center marks a critical milestone for SEALSQ, enhancing its production capabilities and marking a pivotal expansion of the company's footprint in the American market.

Key Points: 
  • Establishment of the US center marks a critical milestone for SEALSQ, enhancing its production capabilities and marking a pivotal expansion of the company's footprint in the American market.
  • The smart home market is projected to experience a Compound Annual Growth Rate (“CAGR”) of 29.3% from 2020 to 2027, according to Allied Market Research.
  • SEALSQ, with its expertise in semiconductor production, has cultivated a robust customer base encompassing major names across diverse industries, underscoring the company's market diversity and global reach.
  • As SEALSQ continues to innovate and expand, it reaffirms its role as a leader in semiconductor technology, poised to meet the evolving needs of the global market and setting new standards in cybersecurity and IoT integration.

LeapCharger Finalizes Purchase Order for EV Vehicle Prototypes to Cement Strategic Partnership with Middle East's Largest Ride-Sharing Company

Retrieved on: 
Friday, February 9, 2024

After intensive negotiations, LeapCharger has placed a purchase order for Electric Vehicle (EV) prototypes, marking a pivotal step towards solidifying our strategic partnership with the Middle East's premier ride-sharing company which operates across 10 countries.

Key Points: 
  • After intensive negotiations, LeapCharger has placed a purchase order for Electric Vehicle (EV) prototypes, marking a pivotal step towards solidifying our strategic partnership with the Middle East's premier ride-sharing company which operates across 10 countries.
  • This strategic alliance seeks to reshape the transportation landscape in the Middle East, offering sustainable transportation and EV charging solutions to a vast audience while advancing environmental stewardship.
  • "We are excited to reach this critical juncture in our collaboration with the Middle East's foremost ride-sharing company," stated Praveenkumar Vijayakumar, CEO of LeapCharger.
  • Over the next 60 days, as the EV prototypes are delivered, LeapCharger will provide regular updates on the progress of this groundbreaking partnership.

Kuwait Car Rental & Leasing Market to Boom at 9.8% CAGR, Fueled by Tourism, Tech, and Sustainability by Ken Research

Retrieved on: 
Thursday, February 8, 2024

Technology Takes the Wheel: Integration of online booking platforms, mobile apps, and GPS systems is enhancing customer experience and making car rental and leasing services more accessible and efficient.

Key Points: 
  • Technology Takes the Wheel: Integration of online booking platforms, mobile apps, and GPS systems is enhancing customer experience and making car rental and leasing services more accessible and efficient.
  • With a projected CAGR of 9.8%, the future of the Kuwait car rental and leasing market is bright.
  • Continued growth in tourism, tech adoption, and a focus on sustainability are expected to further propel this market forward.
  • For a deeper dive into the lucrative opportunities in the Kuwait car rental and leasing market, access Ken Research's comprehensive report.

Kuwait Car Rental & Leasing Market to Boom at 9.8% CAGR, Fueled by Tourism, Tech, and Sustainability by Ken Research

Retrieved on: 
Thursday, February 8, 2024

Technology Takes the Wheel: Integration of online booking platforms, mobile apps, and GPS systems is enhancing customer experience and making car rental and leasing services more accessible and efficient.

Key Points: 
  • Technology Takes the Wheel: Integration of online booking platforms, mobile apps, and GPS systems is enhancing customer experience and making car rental and leasing services more accessible and efficient.
  • With a projected CAGR of 9.8%, the future of the Kuwait car rental and leasing market is bright.
  • Continued growth in tourism, tech adoption, and a focus on sustainability are expected to further propel this market forward.
  • For a deeper dive into the lucrative opportunities in the Kuwait car rental and leasing market, access Ken Research's comprehensive report.

T-Mobile Customers Now Have “Magenta Status” — VIP Vibes with One-of-a-Kind Benefits Across Premium Brands and Services

Retrieved on: 
Wednesday, February 7, 2024

Magenta Status gives T-Mobile customers VIP vibes with an exclusive suite of benefits with the brands they love — JUST for being customers.

Key Points: 
  • Magenta Status gives T-Mobile customers VIP vibes with an exclusive suite of benefits with the brands they love — JUST for being customers.
  • With Magenta Status, customers can get 15% off across Hilton’s 22 leading hotel brands worldwide, from Hampton to Curio Collection by Hilton, Waldorf Astoria and more.
  • Silver benefits include things like free Wi-Fi, a fifth night free on reward stays, all-inclusive spa discount and more.
  • New Benefits, New App: Introducing T Life, a brand-new app to make it easy for T-Mobile customers to keep track of their perks, VIP benefits, T-Mobile Tuesdays and more.

Wireless Charging Market worth $16.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

Magnetic resonance is a wireless charging method for objects requiring a large amount of power - up to 11kW.

Key Points: 
  • Magnetic resonance is a wireless charging method for objects requiring a large amount of power - up to 11kW.
  • It is the most versatile wireless charging method and used for objects such as electric cars, laptops, computers, and vacuum cleaners.
  • The wireless charging market is segmented in two implementations, transmitter and receiver.
  • North America holds the largest market share of the wireless charging market throughout the forecast period.

Wireless Charging Market worth $16.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

Magnetic resonance is a wireless charging method for objects requiring a large amount of power - up to 11kW.

Key Points: 
  • Magnetic resonance is a wireless charging method for objects requiring a large amount of power - up to 11kW.
  • It is the most versatile wireless charging method and used for objects such as electric cars, laptops, computers, and vacuum cleaners.
  • The wireless charging market is segmented in two implementations, transmitter and receiver.
  • North America holds the largest market share of the wireless charging market throughout the forecast period.