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The Lilium electric Jet will use batteries manufactured by Germany’s Customcells

Electric air taxi startup Lilium has tapped German manufacturer Customcell to supply batteries for its flagship 7-seater Lilium Jet.The battery IP is the result of “multiple players,” a Li

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Financial firms should leverage machine learning to make anomaly detection easier

Anomaly detection is one of the more difficult and underserved operational areas in the asset-servicing sector of financial institutions. Broadly speaking, a true anomaly is one that deviates from the

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Metal 3D printing company Fabric8Labs raises $19M

Fabric8Labs this morning announced that it has raised $19.3 million. The Series A was led by Intel Capital and features Lam Capital, TDK Ventures, SE Ventures, imec.xpand, Stanley Ventures and Mark Cu

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China, Turkmenistan eye further ties in clean energy like natural gas

00:52 China and Turkmenistan are eyeing further cooperation in clean energy and nuclear power in their long-term strategic partnership in the energy sector.Both sides c

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Chinese battery giant extends supply agreement with Tesla

Contemporary Amperex Technology Ltd (CATL), China's leading automotive lithium-ion battery maker, on Monday said it has signed a four-year agreement to supply batteries

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Sneaker marketplace GOAT hits $3.7 billion valuation in Series F raise

Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise.The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion

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Porsche to make high-performance batteries in joint venture with Customcells

Luxury sports car manufacturer Porsche AG is going into the battery business. The automaker said Monday it plans to open a new factory that will produce high-performance cells through a joint venture

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China's commerce minister, U.S. commerce secretary talk over phone

China's Minister of Commerce Wang Wentao on Thursday held a phone conversation with U.S. Secretary of Commerce Gina Raimondo, according to China's Ministry of Commerce.

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China's commerce minister, U.S. commerce secretary talk over phone

CFP China's Minister of Commerce Wang Wentao on Thursday held a phone conversation with U.S. Secretary of Commerce Gina Raimondo, according to China's Ministry of Commerce.The two ministers s

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'China-EU business as usual despite trade deal standoff'

02:40 The China-EU trade deal stand-off looks lets to continue said Joerg Wuttke, the president of the European Union Chamber of Commerce in China after the two powers

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4 proven approaches to CX strategy that make customers feel loved

Customers have been “experiencing” business since the ancient Romans browsed the Forum for produce, pottery and leather goods. But digitization has radically recalibrated the buyer-seller

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Truebill raises $45 million for its personal finance app

Personal finance startup Truebill has raised a $45 million Series D funding round led by Accel. This comes just a few months after the company raised a $17 million Series C. Overall, the startup has r

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Ghana's VP Bawumia urges more efforts to ensure AfCFTA success

FILE PHOTO: Ghana's Vice President Mahamudu Bawumia speaks at a past function. /VCG Ghana's Vice President Mahamudu Bawumia has urged African countries to institute complimentary measures to e

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Ford’s $30B investment in electric revs up in-house battery R&D

Ford is increasing its investment in its electric vehicle future to $30 billion by 2025, up from a previous spend of $22 billion by 2023. The company announced the fresh cashflow into its EV and batte

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Axle raises $10m Series A to advance its freight financing services

Axle recently announced it raised $10m in Series A financing after a stellar year of growth. The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partn

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Ford and SK Innovation announce battery manufacturing joint venture BlueOvalSK

Ford Motor Company and Seoul, South Korea-based SK Innovation signed a memorandum of understanding to establish a joint venture to domestically manufacture batteries for electric vehicles, the two com

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India offers $2.46B incentive to boost domestic production of batteries

India’s cabinet on Wednesday approved Department of Heavy Industry’s proposal to provide incentives to boost domestic production of batteries with advanced energy storage, the latest in a