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Gotion HighTech intends to invest in a production base in Europe with an annual production capacity of 18 GWh

Gotion HighTech held the 5th New Energy Economic Forum and the opening ceremony of Gotion Germany at its base in Göttingen. The base is expected to s

Gotion HighTech held the 5th New Energy Economic Forum and the opening ceremony of Gotion Germany at its base in Göttingen. The base is expected to start the transformation by the end of this year. An annual production target of 18GWh will be achieved after the brownfield and greenfield plants of the base are fully put into operation. The first portable energy storage device for foreign markets is manufactured onsite in Göttingen. In the future, it aims to cover customers in the energy storage, commercial vehicles, and passenger cars sectors. At the opening ceremony, the base released Gendock 3000, the first largecapacity portable mobile energy storage device. It can convert solar energy and wind energy into electricity it also meets 99% of household energy needs. Read More..

B2B Tech News | 2 years ago        

The company that bought Trumps social networking app is facing lawsuits

Digital World Acquisition Corp. The truth began an investigation by a highranking federal jury that could block or impede the acquisition of social ap

Digital World Acquisition Corp. The truth began an investigation by a highranking federal jury that could block or impede the acquisition of social applications of Donald Trumps new Business. Digital World is a company specialized in procurement or SPAC that is part of an investment phenomenon that has become fashionable in the last two years. The probe could make it more difficult for Trump to finance his social media company. Digital Worlds board of directors has been subpoenaed by a New York grand jury and the Securities and Exchange Commission. Such blankcheck companies are empty corporate entities with no operations but promise to buy businesses in the future. Read More..

B2B Tech News | 2 years ago        

WFP Rising costs of agricultural imports could exacerbate food insecurity in West Africa

The cost of imported agricultural inputs for West African nations is rising, which has been lamented by the United Nations World Food Program. The cir

The cost of imported agricultural inputs for West African nations is rising, which has been lamented by the United Nations World Food Program. The circumstance could exacerbate food insecurity in a region that is already dealing with the highest postharvest season food insecurity rate since the introduction of the Cadre Harmonisé food security assessments in 2014. To ensure that all parties would cooperate in a coordinated manner, the UN would strengthen its partnership with ECOWAS and intergovernmental organizations. Read More..

B2B Tech News | 2 years ago        

Global Wafers of Taiwan invests $ 5 billion in new Texas silicon chip plant

Global Wafers Co Ltd in Taiwan will spend $ 5 billion on a new plant in Texas to manufacture silicon wafers used in semiconductors. The company said l

Global Wafers Co Ltd in Taiwan will spend $ 5 billion on a new plant in Texas to manufacture silicon wafers used in semiconductors. The company said late on Monday the new plant would start being built later this year and generate as many as 1,500 jobs in Sherman, Texas. Taiwans GlobalWafers said in February it expected capital expenditure to reach T$100 billion $3.4 billion between 2022 and 2024, redirecting funds for a nowended 4.35billioneuro $4.60 billion takeover of Germanys Siltronic. The deal would have created the secondlargest maker of 300millimeter wafers, behind Japans ShinEtsu, as the semiconductor industry consolidates. Europe has become wary of changes to its hightech supply network after carmakers were hit by a global chip shortage. Read More..

B2B Tech News | 2 years ago        

Kenya concludes deal for cheaper Saudi fuel

Starting in August, Kenyas stateowned National Oil Corporation of Kenya will begin importing fuel at a discount from Saudi Arabia through a government

Starting in August, Kenyas stateowned National Oil Corporation of Kenya will begin importing fuel at a discount from Saudi Arabia through a governmenttogovernment agreement. Although the contracts duration is still unknown, Nock plans to redesign its nationwide network. A liter of super and diesel currently costs Sh159.12 and Sh140 in Nairobi, respectively, as Kenya struggles with recordhigh pump prices. The increase in the price of crude at the global level following supply disruptions has led to high prices. Read More..

B2B Tech News | 2 years ago        

Australian millennials are catching up with baby boomers, new ABS data shows

Australias millennial generation is becoming the nations largest, displacing the postwar baby boomers. Census data released on Tuesday from the latest

Australias millennial generation is becoming the nations largest, displacing the postwar baby boomers. Census data released on Tuesday from the latest census shows a diminishing number of boomers compared with the 2016 survey. The national population as of 2021 grew by about 2 million people to 25.4 million. More than 11m new private dwellings were added to Australias population in the last census, with almost 1m people living in them. Christianity remains the nations most prevalent religion, but the figure has fallen from more than 60% a decade earlier. More than half a million Australians have served in the Australian defense force. Read More..

B2B Tech News | 2 years ago        

AfDB approves the establishment of the African Pharmaceutical Technology Foundation

More than 70% of the medicines that Africa requires are imported, costing the continent $14 billion annually. African pharmaceutical firms lack the sc

More than 70% of the medicines that Africa requires are imported, costing the continent $14 billion annually. African pharmaceutical firms lack the scouting and negotiating skills to work with multinational pharmaceutical firms. Recently, 35 companies agreed to a license agreement with Merck to manufacture the COVID19 drug Nirmatrelvir. Worldclass experts in pharmaceutical innovation and development, intellectual property rights, and health policy will work for the African Pharmaceutical Technology Foundation. To advance and represent the interests of the African pharmaceutical industry with international and other Southern pharmaceutical companies, it will serve as an open intermediary. Read More..

B2B Tech News | 2 years ago        

Qatars energy will reduce all emissions by 2030 as methane traffic increases

Methane is the second most polluting gas after carbon dioxide and is much stronger than CO2. Methane is responsible for a quarter of global climate ch

Methane is the second most polluting gas after carbon dioxide and is much stronger than CO2. Methane is responsible for a quarter of global climate change. Qatar Energy joined the initiative in March this year, launched by 12 other large oil and gas companies. Natural gas, primarily methane, is the backbone of Qatars economy. This small country, along with Iran, controls the largest underwater gas field in the world. Methane leaks from oil and gas companies are not only harmful to the environment but are considered natural gas waste. Read More..

B2B Tech News | 2 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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