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DETROIT — China will soon see a massive expansion of electric vehicle battery swapping, as global battery maker CATL said Wednesday it is investing heavily in stations there next year. Battery swapping is not new — but it's had a challenging journey. Adoption of electric vehicles has varied in regions across the globe over the past several years, and that doesn't always bode well for building new infrastructure. While the technology could do well in China, it's uncertain whether it could work in other countries. Battery swapping allows EV drivers to pull into a station on a low battery and receive a swapped, fully-charged battery within minutes. An EV has to be equipped with the right technology to receive a swap — and not many models around the world currently have it. Automakers have to buy into the idea, and EV adoption among consumers also has to grow, so that investing in new infrastructure seems worthwhile. Consumers also have to be comfortable not owning their battery. China is much further along in adopting EVs than other countries. Not only is it the world's largest auto market, but in July, the country hit a milestone with 50% of new sales electric — and it accounts for most of this year's global EV sales. China supports EV growth through government subsidies and mandates. So it makes more sense for companies to invest in unique EV infrastructure there because that's more likely to be needed. The most notable example might be Israeli startup Better Place, which tried its hand at swapping in 2007. But the company shut down a few years later after investing a lot of money and coming up against roadblocks with logistics. EV adoption was especially low at the time. Startup Ample, for example, has a modular battery swapping station that it says can complete a swap in 5 minutes. That’s important as charging time remains a point of concern for prospective EV buyers. Even the fastest fast chargers could take at least 15 minutes for a decent charge. But in the U.S., pure EVs only accounted for 8% of new vehicle sales as of November. Meanwhile Nio, a rival Chinese EV brand, has about 60 swap stations in northern Europe, and the EV adoption is higher there than the U.S., but the same challenges remain. Different automakers put different batteries in their various EV models, so a station would need all of those available if the industry didn't agree to a standardized battery, and not all of those models are out yet in volume. This is something that really needs scale. Swapping could help with EV cost — currently a barrier to adoption for many — because a driver wouldn’t necessarily own the most expensive part of an EV: the battery. Greg Less, director of the University of Michigan Battery Lab, said with proper framing and education, people might like the idea of battery swapping. To him, it's not unlike buying a propane-fueled grill and purchasing a refilled tank every so often. But it would require a rethinking of car ownership. "Where I could see it working is if we went entirely away from vehicle ownership and we went to a use-on-demand model," Less added. “I don’t think we’re there yet.” Battery swapping might make most sense for ride-sharing or other fleet vehicles. Drivers of buses, taxis, Uber or Lyft vehicles want to spend as much time on the road as possible, transporting customers and making money. If battery swapping can shorten the time needed to charge EVs, that makes driving one less disruptive to their business. ___ Alexa St. John is an Associated Press climate solutions reporter. Follow her on X: @alexa_stjohn . Reach her at ast.john@ap.org .TSS, Inc. senior VP sells $377,852 in stock
SALT LAKE CITY--(BUSINESS WIRE)--Dec 19, 2024-- Franklin Covey Co. (NYSE: FC), a leader in organizational performance improvement, announced today that the conference call to review the Company’s first quarter fiscal 2025 financial results will take place on Wednesday, January 8, 2025, at 5:00 p.m. ET (3:00 p.m. MT). The Company’s financial results are expected to be released after the close of the market on Wednesday, January 8, 2025. Interested persons may access a live webcast at or may participate via telephone by registering at Once registered, participants will have the option of 1) dialing into the call from their phone (via a personalized PIN); or 2) clicking the “Call Me” option to receive an automated call directly to their phone. For either option, registration will be required to access the call. A replay of the conference call webcast will be archived on the Company’s website for at least 30 days. Franklin Covey (NYSE: FC) is the most trusted leadership company in the world with operations in over 150 countries. We transform organizations by partnering with our clients to build leaders, teams, and cultures that get breakthrough results through collective action, which leads to a more engaging work experience for their people. Available through the Franklin Covey All Access Pass®, our best-in-class content and solutions, experts, technology, and metrics seamlessly integrate together to ensure lasting behavior change at scale. This approach to leadership and organizational change has been tested and refined by working with tens of thousands of teams and organizations over the past 30 years. View source version on : CONTACT: For Further Information: Stephen D. Young Chief Financial Officer 801-817-1776 KEYWORD: UTAH UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: CONSULTING PROFESSIONAL SERVICES TRAINING HUMAN RESOURCES EDUCATION SOURCE: Franklin Covey Co. Copyright Business Wire 2024. PUB: 12/19/2024 04:03 PM/DISC: 12/19/2024 04:03 PM
The origins of the investigation can be traced back to a series of leaks in 2018 that revealed significant discrepancies in Manchester City's financial dealings. The club was subsequently accused of inflating sponsorship deals to bypass Financial Fair Play (FFP) regulations, which are designed to ensure financial stability and fair play within the league. The Premier League's scrutiny intensified as evidence of wrongdoing continued to surface, culminating in a lengthy and thorough investigation to determine the extent of Manchester City's transgressions.While the majority of the officials implicated in the investigations have faced disciplinary action, including expulsion from the party, demotion, or other forms of punishment, it is noteworthy that five of them have not yet been subjected to disciplinary measures. This has raised concerns about the thoroughness and effectiveness of the disciplinary process within the CCP.Title: Son Heung-Min Rumored to Move to Turkish Super Lig, Barcelona Agent Quickly Denies Reports: Still in Talks with Tottenham Hotspur
In conclusion, the announcement of layoffs at Boeing in California and Washington serves as a reminder of the profound impact of the COVID-19 crisis on the aerospace industry. While the road ahead may be challenging, Boeing's commitment to excellence and innovation will continue to drive the company forward as it adapts to the evolving market conditions and works to secure its position as a global leader in aerospace and defense.
Jeju Air black box analysis may take months: Transport MinistryUnited States shares lower at close of trade; Dow Jones Industrial Average down 0.35%People often infuse their unique personalities into their home decor, making their living spaces reflect their tastes and creativity. An Instagram user, Priyam Saraswat, gives glimpses of such houses, and the latest one on his list is a truly unique house. Located in Kerala , the house is decorated with spare parts from bikes and cars. “House of a Riding enthusiast in Kerala, India,” Saraswat wrote as he shared the video . It opens with him asking the homeowner's permission to tour the house. As they enter, the first thing that surprises him is a seating arrangement made using an Ambassador car. Also Read: Bengaluru's glass house amazes the internet with its cutting-edge design: ‘Absolutely breathtaking’ They visit the other parts of the house to look at more unique decor items like a light made from a Bajaj scooter handle or a sofa created using a scooter. Take a look at the mind-blowing house here: A post shared by Priyam Saraswat (@priyamsaraswat) How did social media users react? “I must say, till now, this is the best home shown among all. It's not just innovative; it has been created with so much of a dream, passion, zeal and tremendous hard work. Priyam, you also deserve a dam good pat on your back,” praised an Instagram user. Another added, “OMG... every time I think we have seen it all, you bring something so so unique... Amazing guy.” Also Read: An ultra-luxury home inside Gurgaon’s most expensive society wows the internet. Watch A third expressed, “Of all the amazing houses you have toured so far, this one truly touches a chord - his passion brought to life through his life’s blood and sweat.” A fourth wrote, “Love the quirkiness of this home, so unique.” About Priyam Saraswat: An IIT graduate, Saraswat runs an Instagram page with over 1.1 million followers. During his travels between India and the US, he amazes his followers by giving tours of unique and unusual houses. What are your thoughts on this house designed using spare parts from cars and bikes?
Funding fuels production ramp-up at U.S.-based facility, bringing advanced lead detection and smart home technology to market SCOTTSDALE, Ariz. , Dec. 10, 2024 /PRNewswire/ -- Notation Labs Inc. announced today the successful completion of a $2 million credit facility to scale up production of its innovative QwelTM smart home device. This funding provides the company with the financial flexibility and liquidity needed to expand manufacturing capacity and meet increasing customer demand as it prepares for market launch. The company has already initiated component procurement and manufacturing, including the order of 20,000 circuit boards from U.S.-based suppliers. Final assembly of the initial Qwel units will take place at the company's facility in Phoenix, Arizona . What Is Qwel TM ? QwelTM is a cutting-edge leak detection and prevention system designed to safeguard homes with advanced AI and machine learning technology. Its highly accurate sensors monitor critical factors like water pressure, temperature, flow rate and humidity to provide comprehensive protection. For more information about QwelTM or to stay updated on its release, visit https://www.qwel.io/ . About Notation Labs, Inc.: Notation Labs designs, engineers, and manufactures innovative smart water solutions to deliver high-quality products that empower homeowners. With a suite of advanced technologies, the company helps educate consumers on water conservation and equips them to make sustainable choices in their everyday lives. Driven by a mission to protect water resources for future generations, Notation Labs is at the forefront of water conservation efforts, leveraging breakthroughs in AI, machine learning, and Internet of Things (IoT) technology. The company is committed to making cutting-edge, water-saving devices that are not only highly effective but also affordable and accessible to households worldwide. By combining engineering excellence with a focus on sustainability, Notation Labs is redefining how consumers manage and conserve water. SOURCE Notation Labs, Inc.The Buffalo Bills are in the driver's seat in the AFC East heading into Week 12. According to ESPN analytics, the Bills have a greater-than 99-percent chance of winning the division. By the end of the upcoming week, there's even a chance that they will already have it locked up. (Jasen Vinlove-Imagn Images) The Miami Dolphins, who are currently in second place in the division, are set to play on Thanksgiving day. If the Dolphins lose to the Green Bay Packers, who are favored in the matchup, then the Bills will just have to win against the San Francisco 49ers on "Sunday Night Football" to clinch the division. Although the Packers are favored on Thursday, the Dolphins enter the matchup on a three-game win streak, so it's certainly not a guarantee that Buffalo will be able to secure the division on Sunday. Regardless, if the Bills are able to win on Sunday, they will only need to win one more game in the final five weeks to secure the AFC East for the fifth-straight year. Related: Bills Ex Trash-Talker Nominated for Sportsmanship Award On Sunday, Buffalo will be facing a 5-6 49ers team that has failed to live up to expectations so far this season. However, with quarterback Brock Purdy potentially returning from a shoulder injury, San Francisco will likely be motivated in a must-win primetime scenario. To be perfectly clear ... Although winning their division would be a great accomplishment for Buffalo, the team likely has their eyes set on the top seed in the AFC, as they're just one game behind the Kansas City Chiefs after their big win two weeks ago. Related: What's Josh Allen's One 'Scary' Trait in Bills Super Bowl Push?As the investigation unfolds and more details come to light, the tech world watches with bated breath, eager to see how this high-stakes drama will play out. The outcome of this case could have profound implications for the future of digital advertising and the broader tech industry as a whole. Will the EU regulatory authority succeed in holding Google and Meta accountable for their actions, or will the tech giants emerge unscathed from this scandal?
The man, whose identity remains undisclosed, was lured by the promise of self-improvement and transformation through a series of challenges designed to test and enhance his self-discipline. The challenges reportedly involved strict dietary restrictions, daily exercise routines, and adherence to a rigorous schedule aimed at fostering a disciplined lifestyle.Title: How the Re-Introduction of Lincoln into China by Joining Ford Will Transform Its Dismal Sales PerformanceWelling scores 21 as Utah Valley takes down West Georgia 77-74
Title: Retired Brother Humorously Acknowledges Unemployment: Still Grateful, My Inability Doesn’t Represent the Industry's Inability
Aadi Bioscience Transforms with In-Licensing of Novel ADC Portfolio, $100 Million Sale of FYARRO® and $100 Million PIPE Financing
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