CBAK Energy Technology highlighted its cylindrical lithium iron phosphate (LFP) battery solutions at Autoexpo Kenya 2026, targeting Africa's expanding electric two- and three-wheeler markets. Their 32140 FS series batteries are designed for high durability, fast charging, and reliable performance under harsh conditions typical in Africa, such as heat and rough roads. With over 77 million units sold globally, these batteries support battery swapping and aim to reduce operating costs for commercial riders like Kenya's boda-boda fleet. CBAK plans to expand production capacity and deepen partnerships to support Africa's transition to cleaner mobility.
The global lithium-sulfur battery market is projected to expand at a 35.08% CAGR from 2026 to 2035, reaching a value of $1.2 billion by 2035. This rapid growth is fueled by the demand for high-energy, lightweight batteries in electric vehicles, aeros...
On June 4, 2026, Shell plc purchased a total of 1,220,000 shares for cancellation at an average price of around £32.14 per share. This buyback is part of a previously announced share repurchase program managed independently by Goldman Sachs Internati...
Bio Green Med Solution (BGMS) shares jumped over 175% after announcing an all-stock merger with Malaysia's Future NRG, a company specializing in medical waste-to-energy technology. The deal will make Future NRG a wholly-owned subsidiary of BGMS, comb...
Ripple has integrated its RLUSD stablecoin across more than 40 blockchain ecosystems using Wormhole's Native Token Transfers technology. This expansion includes Ethereum layer-2 solutions like Base, Optimism, Ink, and Unichain, as well as the XRP Led...
Uklon, part of Kyivstar's digital ecosystem, is acquiring E-wings, an electric scooter operator, for about USD 2.2 million to expand its mobility services beyond ride-hailing. This acquisition will integrate electric scooters into Uklon's platform, e...
