Photos emerge of NIO’s new mass-market ‘Alps’ EV competitor to Toyota and VW

  • August 22, 2023
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The first photos of NIO’s new “Alps” brand have allegedly emerged online. The new EV brand is designed to take NIO mainstream, positioning itself to compete with automaking giants like Toyota and Volkswagen in the mass-market segment. NIO’s new Alps mass-market EV brand surfaces NIO CEO William Li confirmed the company would launch a new […]

China’s NaaS Technology acquires Sweden’s Charge Amps for $66M

  • August 22, 2023
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EV charging giant NaaS Technology (Nasdaq: NAAS) today announced that it’s going to acquire EV charging provider Charge Amps for $66.4 million in order to penetrate the European market. Chinese EV charger giant NaaS has connected over 575,000 chargers covering 55,000 charging stations, representing 40% and 49% of China’s public charging market share, respectively. It’s the first […]

News

AI biotech company Genesis scores $200M to advance drug discovery

  • August 22, 2023
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California-based AI drug discovery startup Genesis announced it scored a whopping $200 million in an oversubscribed Series B funding round, bringing its total raise to $280 million.  The company also announced that approximately $24 million of SAFE notes from a prior funding round were converted amid the closing of the Series B round. Andreessen Horowitz […]

Health

Expert Panel Recommends New Options for H.I.V. Prevention

  • August 22, 2023
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An influential expert panel has given its highest recommendation to an expanded menu of H.I.V. prevention strategies for adults and adolescents, a move that will require private insurers to cover the drugs without a co-pay or deductible under the Affordable Care Act. The recommendation arrives as the Biden administration is fighting to preserve no-cost coverage […]

Kia is reviving its affordable mini Ray EV, Korea’s first electric car

  • August 22, 2023
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Korea’s first all-electric production car is due for a resurrection. Kia is set to revive the Ray EV next month, an entry-level minicar, to meet the growing demand for affordable electric cars. Kia first introduced the Ray EV in December 2011, a close relative to the gas-powered Ray CUV, as Korea’s first 100% electric production […]

Health Technologies

Intermittent fasting improves memory and sleep in Alzheimer’s patients

  • August 22, 2023
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Sleep disturbances and cognitive problems seen in Alzheimer’s disease can be corrected through time-restricted feeding, a form of intermittent fasting that focuses on limiting the daily eating window without reducing overall food intake, a new study has found. The research shows that mice subjected to a time-restricted feeding schedule exhibited improved memory and reduced accumulation […]