Batteries
KREISEL Electric, a Deere & Company subsidiary, begins construction on a 115,000 sq ft battery facility in Kernersville, NC, enhancing its capacity for innovative battery systems and chargers in the North American off-highway market.
Henlius Biotech's anti-PD-1 monoclonal antibody, HANSIZHUANG (Serplulimab), gains approval for treating PD-L1 positive esophageal cancer. Promising clinical results and a growing portfolio highlight its commitment to advancing cancer care worldwide.
Electric Mobility
Lucid Motors secures operating license for Saudi Arabian EV manufacturing plant, a significant milestone in Saudi Arabia's EV industry aspirations.
Batteries
Lithium-ion battery prices falling below $100/kWh signal a turning point, bringing electric vehicle prices in line with ICE vehicles, spurring EV adoption.
Property Search
Cecilian Partners secures $11M in Series A funding led by Resolve Growth Partners for its proptech solutions. The investment will drive digital transformation in the home building and land development industry, fueled by Cecilian's rapid growth and innovative offerings.
Bioinformatics
Neuralink's PRIME Study, an FDA-approved brain-computer interface trial, aims to empower paralysis patients by wirelessly connecting their thoughts to devices. A milestone in merging technology and healthcare, it offers hope for enhanced independence.
Electric Mobility
Leading Chinese EV manufacturer NIO's entry into the smartphone market with the NIO Phone prompts speculation about automotive and tech convergence
UK PM announces changes to climate policy, delaying the ban on petrol and diesel cars until 2035, emphasizing consumer choice, and a pragmatic approach to meet net-zero targets.
Prime Minister Rishi Sunak's proposed changes to key green commitments have been leaked, sparking outrage and controversy across the political spectrum.
MarraBio, a Newcastle spinout from the university, secures £500,000 seed funding for cost-effective bioactive protein alternatives, with support from Maven Capital Partners, Northstar Ventures, CPI Enterprises, and TCS Biosciences, targeting biomedical research and cultivated meat markets.
Biocon Ltd appoints Mr. Peter Bains as Group CEO, focusing on growth and synergy. He brings global biopharmaceutical expertise and a history with the Biocon Group, overseeing strategic leadership among its core businesses.
Electric Mobility
BMW's iconic M3 sedan is going electric, set to arrive around 2027 with quad-motor power on the Neue Klasse platform. This move emphasizes BMW's commitment to high-performance EVs while preserving traditional M models for enthusiasts.