Lotus CEO Qingfeng Feng stated that the commercialization of solid-state batteries for electric vehicles, often hailed as the future of sustainable driving, is still years away. Despite high expectations, challenges like battery life and discharge rates remain unresolved, delaying mass production. Lotus, owned by Geely, which leads solid-state battery development, believes it could take three to ten years before these batteries are ready for large-scale use. This cautious outlook contrasts with some automakers' optimistic timelines for solid-state battery rollout by the end of the decade.
Eight Directions Technology Limited, a provider of premium customized disposable products, has agreed to merge with Quartzsea Acquisition Corporation, a special purpose acquisition company (SPAC). The merger will result in Eight Directions becoming a...
Charles Schwab has introduced direct trading of Bitcoin and Ethereum for eligible retail clients through Schwab Crypto accounts, integrating crypto with traditional investment platforms. This service is available to most U.S. residents except those i...
Broadridge Financial Solutions has launched a new delivery center in Glasgow, Scotland, to expand its global footprint and enhance near-shore operational support for financial institutions. The center will provide technology-led business process outs...
The TRUMP token, linked to former President Donald Trump, fell about 5% following the announcement that Trump Mobile's long-delayed T1 handset will begin shipping next week. The T1 phone is a rebranded HTC U24 model with final assembly in the U.S., b...
Bitcoin fell below $80,000 to around $79,200 amid renewed geopolitical tensions after Chinese President Xi Jinping warned of potential conflict over Taiwan during U.S. President Trump's visit to China. Major cryptocurrencies, led by Solana's 5.6% dro...
