Revolutionary Fast-Charging Battery Breakthrough for Electric Cars
British startup Nyobolt in Cambridge unveils revolutionary 35kWh lithium-ion battery charging from 10% to 80% in just over four and a half minutes, addressing major concern of lengthy charging times for electric cars. Co-founder Sai Shivareddy touts scalable battery technology ready for implementation, reducing heat generation for fast charging without compromising safety. Potential to revolutionize electric car market and accelerate transition to sustainable transportation.
Sunwoda Electric Vehicle Battery Co. Considering IPO in Hong Kong
Sunwoda Electric Vehicle Battery Co., a unit of Sunwoda Electronic Co., is considering an IPO in Hong Kong due to challenges faced by Chinese companies in getting approvals for listings on mainland exchanges. The EV battery maker had applied to list on Shenzhen’s ChiNext board last year and successfully raised 1.65 billion yuan in a financing round. Stay tuned for more updates on this potential IPO and its impact on Sunwoda Electronic’s stock performance.