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Volvo Plugin Vehicle Sales Surge 40 Percent Reaching 48 Percent of Global Sales

Volvo's plugin vehicle sales surged by 40% year-over-year in November 2024, making up 48% of its global sales, with fully electric cars accounting for 21%. In Europe, plugin sales rose by 39%, representing 65% of the company's sales there, while the US saw a 5% increase and China experienced an 8% decline, yet still held 39% of Volvo's sales.

Xreal Unveils Advanced AR Glasses with Self-Designed X1 Chip to Compete

Xreal has launched its latest augmented reality glasses, the Xreal One Series, featuring the new X1 chip, its first self-designed processor. This advancement eliminates the need for a companion device, enhancing connectivity with phones, laptops, and consoles. As competition intensifies from Meta and Snap, Xreal aims to redefine the AR glasses market, focusing on lighter form factors and improved user experiences, while addressing the current lack of compelling content.

Telesat Lightspeed Passes Design Review to Compete with Starlink in LEO

Telesat's Lightspeed constellation has successfully passed its early design review, advancing towards a critical design review for its 750-kilogram satellites. With plans for 198 satellites and 14 launches contracted from SpaceX starting in mid-2026, Lightspeed aims to provide around 10 terabits per second of capacity, targeting enterprise and government markets. As competition intensifies with Starlink and Amazon's Project Kuiper, Telesat's CEO emphasizes the growing demand for multiple providers in the expanding LEO broadband market.

Pakistan's Super Seeders Aim to Reduce Air Pollution Amid Stubble Burning Crisis

Farmers in Punjab, Pakistan, face challenges with new Super Seeders aimed at reducing crop stubble burning, which contributes to severe air pollution. While some, like Dilawar Khan Rath, see long-term benefits from the machines, high costs and limited availability hinder widespread adoption. The Punjab government plans to increase the number of Super Seeders and implement a leasing program to enhance accessibility and combat smog effectively.

GE Vernova Consortium Secures 350 Million Euro Contract for French Substation

GE Vernova Inc. and Chantiers de l’Atlantique have secured a €350 million contract to construct a substation for a wind farm off the northern coast of France, aimed at enhancing the power grid's capacity for renewable energy. The equipment will be manufactured in France, as Reseau de Transport d’Electricite increases investments to support the growing demand for renewable power integration.

Universal Plug and Charge Initiative Set to Simplify EV Charging by 2025

A universal "Plug and Charge" initiative, set to launch in early 2025, aims to simplify EV charging by allowing vehicles to handle payment details automatically via cloud connections. This development could enhance vehicle-to-grid (V2G) capabilities, improving grid resilience. However, the initiative's future may be influenced by the incoming Trump administration's stance on EV policies.

Sierra Space Partners with Companies for Semiconductor Manufacturing in Microgravity

Sierra Space has partnered with Astral Materials and Space Forge Inc. to explore semiconductor manufacturing in microgravity using its Dream Chaser vehicle and space station technology. These collaborations aim to leverage the unique advantages of space for improved semiconductor production, addressing challenges posed by Earth's gravity. Both companies are focused on developing technologies that could enhance the U.S. semiconductor industry, aligning with recent federal initiatives.

European Military Tech Startups Face Challenges Amid Ukraine Conflict and Political Constraints

Global Wolf has adapted its Mosphera vehicles for military use, incorporating features like stable seating for snipers and infrared lights, responding to specific requests from units. Despite interest from various military distributors, budget constraints hinder significant orders, reflecting broader challenges in European defense procurement and innovation. The ongoing war in Ukraine has highlighted the need for closer integration between military and tech industries, yet bureaucratic hurdles remain a significant barrier to rapid advancement.

dubai billionaire invests three billion in southeast asia data centers

Damac Group, led by billionaire Hussain Sajwani, plans to invest approximately $3 billion in building data centers across Southeast Asia, targeting Malaysia, Indonesia, and Thailand over the next three to five years. The first facility in Thailand, set to begin operations in March in Bangkok, will utilize Nvidia Corp. chips.

wireless ict in healthcare market projected to reach 108 billion by 2030

The Wireless ICT in Healthcare market is projected to grow from USD 43 billion in 2023 to USD 108 billion by 2030, with a CAGR of 14.5%. Key drivers include the demand for remote patient monitoring and telemedicine, while challenges involve cybersecurity risks and high implementation costs. Major players include Cisco, Siemens Healthineers, and Medtronic, with significant growth expected in the Asia-Pacific and Africa regions.
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