Hong Kong private-equity manager, Templewater, sees significant opportunities in connecting Asia’s fast-growing electric vehicle (EV) and energy-storage industries with Middle Eastern markets seeking clean-energy solutions as the region shifts away from oil reliance. Templewater, which this month held a signing ceremony in Hong Kong with Omani sovereign wealth fund Future Fund Oman for the launch…
Sales of electric vehicles are growing strongly despite a certain unevenness in this growth across the globe. But overall, this growth is not strong enough to give battery researchers a break—work is still underway for batteries that are more reliable, faster to charge, and longer-living. In that, the EV industry may have a somewhat unlikely…
IN A NUTSHELL 🚗 Changan unveils an electric vehicle with a revolutionary 932-mile range, reshaping the automotive industry. 🔋 The breakthrough is powered by a new solid-state battery, offering enhanced safety and efficiency. 🌍 Production is set for 2027, challenging major players like Tesla and Toyota in the electric vehicle market. 📉 The technology promises…
UK-based start-up Barocal, which specialises in energy storage and conversion, won the US$1 million top prize at this year’s TERA-Award, created by Hong Kong tycoon Peter Lee Ka-kit. Lee is on a mission to discover unicorns in green energy development and innovation through his platform, aiming to tackle one of the world’s most pressing challenges:…
File photo: Omead Afshar (left) and Elon Musk (Picture credit: X, ANI) Omead Afshar, one of Elon Musk’s closest aides and Tesla’s vice president of manufacturing and operations, has been reportedlyfired by Musk as the electric vehicle maker grapples with declining sales across North America and Europe. According to CNBC, Afshar’s termination comes just days…