Chinese electric vehicle industry boom: A boost to the Western economy

Global electric vehicle outlook - A representational image

A brief history of the automotive industry and the advent of electric vehicles Undoubtedly, exports bolster a country’s economy, and automobiles are the most beloved among the export categories. For perspective, it was through automobile exports that Germany and Japan gained advanced industrial economy status. The first gasoline-powered commercial car in the world was launched […]

Splitit partnership with Alipay powers shoppers to ‘Pay After Delivery’

Splitit Payments Limited teams up with Alipay to power the ‘Pay After Delivery’ option for shoppers on AliExpress, a global eCommerce marketplace owned by the Alibaba Group. The service will initially launch in Germany, France and Spain, with plans to expand into other international markets. As per the Industry Sources, the Chinese payments firm added recently that it was […]

PureFDA reveals completion of Series B fund

Recently, PureFDA Medical Technology (Guangzhou) Co., LTD. (hereinafter referred to as “PureFDA”) announced the completion of the Series B round of financing of over CNY100 million, which was led by Legend Capital and followed by the existing shareholder Bayland Capital. This round of funds will mainly be used for the construction of overseas medical device […]

Apple reveals iPhone 14 and iPhone 14 Plus

iPhone 14 and iPhone 14 Plus take stunning photos and video with a powerful camera system featuring new Main and front TrueDepth cameras, the Ultra Wide camera for unique perspectives, and Photonic Engine — an enhanced image pipeline. Both models include the A15 Bionic chip with a 5-core GPU, which offers incredible performance and efficiency […]

Apple launches iPhone 14 Pro and iPhone 14 Pro Max

Apple recently announced iPhone 14 Pro and iPhone 14 Pro Max, the most advanced Pro lineup ever, featuring the Dynamic Island — a new design that introduces an intuitive way to experience iPhone — and the Always-On display. Powered by A16 Bionic, the fastest chip ever in a smartphone, iPhone 14 Pro introduces a new class of pro […]

Cummins collaborates with VoltStorage advancing Destination Zero strategy

US based Cummins, one of the global power technology leaders announces an investment of USD24MLN into Germany based VoltStorage, one of the leading technology companies producing energy storage systems based on environmentally friendly redox flow technology. “Cummins is committed to developing a range of solutions that will enable our customers’ success as we advance our […]

Insempra to Invest in Solena Materials

Germany based Insempra, a biology-powered company enabling businesses to make superior products in partnership with nature, today announces a strategic investment in Solena Materials Ltd, a synthetic biology company. Solena, a spin-out from Imperial College London, develops synthetic proteins for high-performance clothing fibers. The investment will allow Insempra, formerly Origin.Bio, to accelerate its strategy of […]

EcoVadis acquires ecotrek to drive sustainability intelligence capabilities

EcoVadis, the leading provider of globally trusted business sustainability ratings, recently announced the acquisition of ecotrek, a sustainability data mining company. The company’s automated sustainability data collection, exploration and analysis capabilities will complement EcoVadis’ solutions portfolio by increasing technical capabilities, enhancing the customer experience and expanding visibility with robust trading partner insights, thus accelerating the pace on […]

DHL opens new freight terminal in Germany to improve network across Europe

DHL Freight, one of the leading providers of road transport services in Europe, inaugurated a new DHL Freight terminal in the town of Erlensee, in Germany’s Rhine-Main Metropolitan Region. Helping to increase efficiency and service quality across DHL Freight’s European road transport network, some 260 employees will, among other things, handle less-than-container and full truck […]