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Ford, Lg Energy, Koc Holding Team up for Turkish Battery Cell Plant
Date: February 22, 2023
FRANKFURT (Reuters) – Ford, LG Energy Solution and Koc Holding have signed a non-binding agreement to form a joint venture to create one of Europe’s biggest electric vehicle battery cell facilities in Turkey, they said on Tuesday. The agreement comes two weeks after South Korean electric vehicle maker SK On, a unit of SK Innovation...
Abo Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe
Date: February 21, 2023
Spheroid secures $25 million in an investment commitment from ABO Digital as a strategic financing partner. Spheroid is an AR/XR platform that uses the SPH utility token for powering all the activities in its ecosystem. This funding commitment from ABO Digital marks a significant milestone for Spheroid, which plans on using the funds to continue...
Jaguar Land Rover Opens Three European Self-Driving Tech Hubs
Date: February 21, 2023
By Nick Carey LONDON (Reuters) – Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in Europe to develop autonomous vehicle technologies as part of its partnership with Silicon Valley artificial intelligence company Nvidia. The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR’s next generation...
Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies From Abu Dhabi
Date: February 20, 2023
Abu Dhabi, UAE, 20 February, 2023 – Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to provide startups with enterprise-grade solutions and simplify blockchain adoption for businesses. The collaboration between Venom Foundation and Hub71 will focus on accelerating the growth...
Uniper Sells UAE Marine Fuels Refinery to Consortium Including Montfort
Date: February 16, 2023
FRANKFURT/SINGAPORE (Reuters) -German utility Uniper has agreed to sell its oil refinery in the United Arab Emirates to a consortium of Montfort and the private office of Sheikh Ahmed Dalmook Al Maktoum for an undisclosed sum, it said on Thursday. The sale of Uniper Energy DMCC, Uniper’s local crude oil processing and marine fuel trading...
China Telecom and Conflux Network to Pilot Blockchain Enabled Sim Card in Hong Kong
Date: February 15, 2023
Toronto, Canada, 15th February, 2023, Chainwire Today China Telecom and Conflux Network announce a partnership to bring Blockchain SIM cards (BSIM) to market. The entry-level Web3 product will be the largest blockchain hardware product ever seen globally, involving the most users and applications. China Telecom will launch the first BSIM pilot program in Hong Kong...