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Amazon is set to launch its quick commerce service, codenamed Tez, in India by late December or early January, marking its first global entry into this rapidly growing market. Initially planned for 2025, the rollout has been accelerated as the company seeks to compete with established players like Blinkit, Zepto, and Swiggy Instamart.
Sony is developing a portable console to play PlayStation 5 games, aiming to compete with Nintendo's Switch and potential mobile hardware from Microsoft. While the device is in early stages, it may take years to launch, and Sony could ultimately decide against its release.
Bureaucracy hampers the installation of EV chargers in residential buildings, echoing broader consumer resistance to clean energy technologies. While China leads in EV adoption and renewable energy advancements, Europe struggles with policy and investment challenges, emphasizing the need for collective action and innovative solutions to achieve climate goals.
A California startup, OceanWell, is revolutionizing seawater desalination with modular, undersea pods that utilize natural hydrostatic pressure, reducing energy consumption by up to 40%. Each pod can produce 1 million gallons of fresh water daily, with plans for larger "water farms" to address freshwater shortages while minimizing environmental impact. The company has secured $11 million in funding and is collaborating with Kubota Corporation to enhance its technology.
Tesla's Supercharger network, while cost-effective and expanding, faces increasing competition from rival charging networks, which now outnumber Tesla stations in the US. Despite promises to open Superchargers to non-Tesla EVs, the rollout of compatible stations and adapters has been slow, with only a fraction of the network retrofitted for other brands. As demand for EV charging grows, local obstacles and limited access to Superchargers highlight the need for improved infrastructure to enhance the charging experience for all EV drivers.
Brisbane experienced a rainy week, forcing reliance on grid power, but solar energy is back as the sun shines. Australia has made progress in renewable energy, reducing emissions by 30% since 2015, with a target of 82% renewable electricity by 2030. AGL is expanding its renewable projects, including significant battery storage, as the country transitions away from coal.
Cirba Solutions is expanding its battery recycling facility in Lancaster, Ohio, with an investment exceeding $400 million, including $82 million from the U.S. Department of Energy. This expansion will produce battery-grade metal sulfates and lithium carbonate, supporting over 250,000 EV batteries annually and creating more than 100 jobs. The facility aims to enhance the domestic supply chain for critical materials like lithium, cobalt, and nickel, significantly increasing processing capacity by 600% since 2022.
Chinese electric vehicle sales surged, with 53% of new auto sales being plug-in vehicles in October, led by BYD. Solid-state battery advancements were highlighted, including new factories from Chery and Honda. Tesla expanded into the Philippines, while Hyundai unveiled the IONIQ 9, expected to be a hit in the US market.
The U.S. Department of Energy, alongside USDA and FAA, has released the Sustainable Aviation Fuel (SAF) Grand Challenge Roadmap Implementation Framework, detailing federal capabilities to support SAF development. It identifies gaps in policy certainty, data analysis, feedstock expansion, and infrastructure, emphasizing the need for public-private partnerships. The framework outlines six action areas, focusing on innovation, supply chain building, and effective communication of progress.
Aegis Ventures' digital consortium is expanding, with UPMC Enterprises and Vanderbilt Health joining to co-develop and scale health tech solutions. The initiative aims to empower health systems to lead innovation, tackle common challenges, and enhance patient experiences through collaboration and advanced technologies.
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Amazon to launch quick commerce service in India by early 2024
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