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TOKYO, Feb. 8, 2023 /PRNewswire/ -- 3DOM Alliance Inc. ("3DOM Alliance") announces that samples of the X-SEPA, a revolutionary separator technology, have begun shipping. The X-SEPA, as first announced in December 2022, has a unique structure that helps to improve the performance of existing battery technologies and accelerate the speed of next-generation battery development, thereby promoting the transition to a more sustainable electric society. Last year, 3DOM Alliance announced that preparations had been made for mass production following eight years of separator research and development. The company has now started providing X-SEPA samples to battery manufacturers around the world. 3DOM Alliance is already working to respond to requests for samples from more than ten companies and preparing to increase X-SEPA production volume by the end of the year. 3DOM Alliance begins shipping samples of X-SEPA, a revolutionary separator technology 3DOM Alliance begins shipping samples of X-SEPA, a revolutionary separator technology The X-SEPA is comprised of multiple layers of highly heat-resistant polyimide membranes, within each a uniform three-dimensional array of pores. This unique structure allows for fine control over separator properties in each layer and overall optimization according to the application and desired battery performance. The X-SEPA thus transcends the conventional function of a separator to provide new added-value to batteries. The structure and material provide longer life, higher reliability, and high-rate discharge performance. This offers a solution to several challenges in the battery industry, including the need for adequate safety and technologies suitable for up-and-coming applications such as electric vehicles in high-temperature regions of the world or air mobility. Furthermore, the regularity of the structure allows for flexible design and optimization as well as simulation through high-precision modeling, which has the potential to drastically accelerate the battery development process. noco-noco Pte. Ltd. ("noco-noco"), 3DOM Alliance's Singapore-based subsidiary, will buy long-life batteries equipped with the X-SEPA that have been manufactured by strategic allies and utilize those in services spanning battery first- and second-life use. The aim is to address environmental issues by reducing the required number of batteries in circulation by as much as 75% while maximizing the efficiency of their use. noco-noco intends to encourage this shift away from the unsustainable economic system of mass production and mass consumption through an innovative "Data & Profit Sharing" business model, in which companies that help to extend product life can gain access to battery-related information and continually receive a share of profits over the span of the product's service life. By reimagining the role of the separator and repositioning batteries as social infrastructure, 3DOM Alliance and noco-noco are working to address shortcomings in today's battery industry and unlock the full potential of batteries to mitigate urgent environmental issues. CONTACT: 3DOM Alliance Inc. PR Team, Tel: +81 3-5544-8275, Email: pr@3dom.co.jp
WATERTOWN, Mass., Feb. 7, 2023 /PRNewswire/ -- WiTricity, the leader in wireless EV charging, today announced a collaboration with YuTong Bus, the number one bus brand in China, to provide wireless charging for YuTong's autonomous e-buses. WiTricity, the leader in wireless EV charging, today announced a collaboration with YuTong Bus, the number one bus brand in China, to provide wireless charging for YuTong’s autonomous e-buses. This marks the first-ever commercial application of wireless charging for an autonomous electric e-bus, with WiTricity providing a key feature in one of the most advanced public transportation systems in the world. This marks the first-ever commercial application of wireless charging for an autonomous electric e-bus, with WiTricity providing a key feature in one of the most advanced public transportation systems in the world. "We are so excited to see this first real demonstration with YuTong Bus of wireless charging powering autonomy at scale," said Alex Gruzen, CEO of WiTricity. "As autonomy progresses, the logistics of charging and servicing will become even more critical. WiTricity wireless EV charging can enable the next generation of electrified transportation and logistics." The commercial deployment of wireless charging in YuTong's e-buses will debut in Zhengzhou, China, on the Xiaoyu 2.0 autonomous minibus. The level 4 autonomous bus that seats 10 passengers has a range of 150 km. WiTricity Halo® chargers simplify the charging experience by removing the need to plug in. This is particularly significant in transit applications, where the heavy and awkward cords and cables required could contribute to slips and falls, the leading cause of workers' compensation claims for commercial drivers. As transit applications for autonomous shuttles and buses grow worldwide, wireless charging will play a key role in keeping those vehicles on the road. WiTricity has seen the deployment of its wireless EV charging to date in passenger vehicles, including FAW's HongQi and Genesis's GV60. Taxi trials are also underway, showing off the use of wireless charging in queues to give the taxis "power snacks™" as they wait for their next fare. The Yutong buses are the first demonstration of wireless charging with autonomous commercial vehicles. About WiTricity WiTricity is the trailblazer in wireless charging for electric vehicles, leading the development and implementation of magnetic resonance technology across passenger and commercial vehicles alike. The company's technology is backed by an extensive patent portfolio and is the foundation for ratified global EV wireless charging standards including SAE, ISO and GB. Automakers and Tier 1 suppliers turn to WiTricity to help accelerate the adoption of EVs by eliminating the hassle of plug-in charging, enabling always-available wireless V2G, and setting the stage for future autonomy. Photo - https://mma.prnasia.com/media2/1997203/WiTricity_1.jpg?p=medium600 Video - https://mma.prnasia.com/media2/1997218/WiTricity_2.mp4
HEFEI, China, Feb. 7, 2023 /PRNewswire/ -- On February 5, Gotion High-Tech, the innovative manufacturer of batteries and energy storage solutions in China, signed a Memorandum of Understanding (MoU) with InoBat, the European pioneering supplier of premium batteries for electric vehicles, to explore Joint Venture opportunities in revolutionizing EV battery and energy storage technologies, including co-development of a gigafactory with cell and pack production capacity of 40 GWh. With technical superiority, complementary capabilities and a shared sustainability ethos, Gotion and InoBat will look at ways to work together on several key common topics of interest, such as: co-development of a JV gigafactory with cell and pack production capacity of 40 GWh to support EV applications, with the CEE region being one of the regions under consideration technical cooperation based on both sides' respective advantages of LFP and NMC batteries co-develop the potential for ESS battery production at existing InoBat premises in Slovakia allowing fast access to the European market technology and commercial partnership in facility operations investigation of recycling concepts for production scrap and end of life batteries Through the cooperation following the MoU, InoBat benefit from Gotion's expertise in electric storage solutions ("ESS") whilst Gotion will benefit from InoBat's existing manufacturing sites and expansive market connections in Europe to facilitate Gotion's internationalization. By working together in mutually beneficial areas, both companies aim to devise new and exciting technologies to accelerate the global charge towards a green energy future. About Gotion High-Tech Gotion High-tech is a world-leading provider of new energy solutions. It focuses on the R&D, production and sales of EV lithium-ion batteries and ESS batteries and ranks among the top in China and the global market in terms of comprehensive strength. Gotion High-tech has global operations and has partnered with Volkswagen, Tata Group, Vinfast, and Jinko. For more information, visit https://en.gotion.com.cn About InoBat: InoBat specializes in electric battery R&D, supply, and recycling for global OEMs in automotive, commercial vehicle, motorsport, and aerospace. Its "cradle-to-cradle" approach promotes a circular economy. Backed by Rio Tinto, Amara Raja, Ideanomics, IFC, IPM Group and other strategic investors and partners, InoBat has a R&D facility and pilot line in Slovakia. It has also been approved for grant financing under the Important Projects for Common European Interest (IPCEI). For more information, visit https://inobat.eu/
The NDT testing software market is expected to reach $853.7 million by 2026, registering expansion at a CAGR of 11.1% SAN ANTONIO, Feb. 7, 2023 /PRNewswire/ -- Improved safety requirements across industries will drive the non-destructive testing (NDT) equipment market, inflating the demand for integrated software, according to Frost & Sullivan's recent analysis of the global NDT software industry. As NDT software sales are predominantly tied to testing and inspection requirements across industries, the shift toward electric vehicles (EVs) and renewable energy will augment growth prospects. The NDT testing software market is expected to reach $853.7 million by 2026 from $503.8 million in 2021, registering expansion at a compound annual growth rate (CAGR) of 11.1%. Non-destructive Testing- NDT For further information on this analysis, please click here. "Industry 4.0 technologies, such as cloud computing, artificial intelligence (AI), and machine learning (ML), will enhance existing NDT techniques, paving the way for non-destructive evaluation (NDE) 4.0," said Ram Ravi, Industry Principal at Frost & Sullivan. "Further, the need for more reliable and accurate inspection data will drive the adoption of Industry 4.0 technologies." Ravi added: "Perpetual licensing has been the predominant business model for software in the NDT sector. Additionally, the emergence of Industry 4.0 is expected to drive interest in newer business models, encouraging NDT vendors to offer software as a subscription." The growing landscape of the NDT software market encourages its market participants to focus on: Strengthening their software offering by integrating AI/ML and providing enhanced value to customers. Offering software that is simple and easy to use for customers and that easily integrates with existing systems. Developing their robotic inspection solutions in-house or partnering with or acquiring companies offering these products. Providing a closed-loop architecture that facilitates data collection and processing for manufacturing to assist organizations in making more informed decisions. Global Non-destructive Testing (NDT) Software Growth Opportunities is the latest addition to Frost & Sullivan's Measurement & Instrumentation research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. About Frost & Sullivan For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion Global Non-destructive Testing (NDT) Software Growth Opportunities K812 Contact: María Celeste BailoCorporate CommunicationsE: celeste.bailo@frost.com
The full range of Horizon Robotics Journey® series solutions will facilitate AION's elevation in consumer driving experiences BEIJING, Feb. 7, 2023 /PRNewswire/ -- Horizon Robotics, a leading provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) in China, and Guangzhou Automotive Group ("GAC") AION, one of the leading premium electric vehicle (EV) brands in China, signed a comprehensive strategic partnership on Jan. 17 to jointly develop advanced driving assistance products. With shipments of over 2 million Journey® series units across many automotive brands in China, Horizon Robotics will further support AION to meet consumer's demand for high-quality mobility and bring a safer and more convenient experience for drivers and passengers during their journeys. Under the partnership, AION will develop a series of market-leading car models powered by Horizon Robotics' solutions, featuring advanced automated driving and interactive in-cabin functions. With the AION model built on Journey 2 already in mass production, both partners will explore the feasibility of cooperation on development centered around Journey series solutions including Journey 5. The automotive sector is currently at the center of a global transformation. As a pioneer in the EV industry, AION was established with a transformational vision and achieved strong growth with total sales in 2022 reaching 271,000, up 126% y-o-y. Horizon Robotics and GAC AION have established a close collaboration over the past few years. AION Y, launched in April 2021 and powered by Journey 2 solutions, offers consumers a safe and interactive in-cabin experience and has become one of the top-selling car models in China. This successful partnership also provides the industry with an excellent cooperation model as the automobile supply chain evolves from a vertical integration model to an interconnected network of suppliers. Built on previous successes, the signing further expands the partnership from in-cabin applications to driving assistance products. Horizon Robotics will continue to enable AION's rapid innovation by providing its integrated software and hardware solutions, flexible open services and rich experience in mass production. Under this strategic partnership, both parties are committed to bringing advanced driver-assistance functions to more consumers in China for an elevated driving experience. About Horizon Robotics Horizon Robotics is a leading provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) and automated driving (AD) for consumer vehicles, with the mission to make human life safer and better. As a pioneer to commercialize embedded passenger-vehicle ADAS and AD products in China, Horizon Robotics is committed to enhancing next-generation driving experiences by integrating hardware and software, including low-power hardware computing solutions and open software development tools. By closely collaborating with a community of partners, Horizon Robotics offers products and services that enable an open ecosystem to accelerate the transformation of smart electric vehicles. About GAC AION GAC AION New Energy Automobile Co., Ltd. ("GAC AION"), founded on July 28, 2017, is an innovative tech company set up by GAC Group orienting at future development. It is based on the Group's system advantage of independent innovation and is a development carrier for its new energy automobile business. GAC AION is committed to providing world-class mobile and intelligent new energy products and services, so as to become a world leading and credible player in promoting sustainable development and creating mobile value.
EAST WINDSOR, N.J., Feb. 3, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company") previously announced that it had received a letter on January 4, 2023 from the Staff of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it was not in compliance with the annual meeting requirement set forth in Nasdaq Listing Rule 5620(a) for continued listing on Nasdaq. The Company today announced that on February 1, 2023, Nasdaq informed the Company that it is now back in compliance with Nasdaq Listing Rule 5620(a) following its Annual General Meeting held on January 31, 2023 and this matter is now closed. Greenland Technologies (NASDAQ: GTEC) About Greenland Technologies Holding Corporation Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Information on the Company's clean industrial heavy equipment division can be found at HEVI Corp. Safe Harbor Statement This press release contains statements that may constitute "forward-looking statements." Such statements reflect Greenland's current views with respect to future events and are subject to such risks and uncertainties, many of which are beyond the control of Greenland, including those set forth in the Risk Factors section of Greenland's Annual Report on Form 10-K and Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Greenland's expectations with respect to future performance. In addition, there is uncertainty about the further spread of the COVID-19 virus or the occurrence of another wave of cases and the impact it may have on the Company's operations, the demand for the Company's products, global supply chains and economic activity in general. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Greenland does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.
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