The Future of Banking

How open banking can transform the financial industry Authored by: Pascal Hügli  As the saying goes, “What goes up must come down.” In this case, the ‘what’ are the stock prices of Swiss full-service banks like UBS and Credit Suisse, which are down 50 to 80 percent since the 2008 financial crisis. The plight of these … Continue reading The Future of Banking

Explained: ZF two-speed EV gearbox

By Daniel Gardner German transmission giant cuts new teeth on two EV ratios With the exception of a handful of high-end high-performance models, all electric vehicles use a simple single-speed transmission to send power from the motor to the wheels. The solution is cost-effective, and the incredible torque characteristics of an electric motor ensure swift … Continue reading Explained: ZF two-speed EV gearbox

Great Wall pushes ahead with US$1.1 billion EV plant

But prominent players in new energy vehicles are now suffering — and blaming it on the drop-off in government subsidies ByDave Makichuk Car sales are down in China, and around the world — so why is Great Wall Motors still bullish on building a new factory in Jiangsu province? Bucking the trend, the Chinese carmaker … Continue reading Great Wall pushes ahead with US$1.1 billion EV plant

Beijing wants 100,000 hydrogen cars by 2025

Lured by government incentives and research, manufacturers are rushing to set up production plants China expects to have 100,000 cars powered by clean-burning hydrogen cells on its roads within five to six years as it challenges such countries as Japan and South Korea for dominance of the emerging carbon-free automotive markets. There are already more electric … Continue reading Beijing wants 100,000 hydrogen cars by 2025

New battery to revolutionize energy storage

Safe, high-density battery developed in Hong Kong is tipped to boost penetration of renewable energy A safe, high-rate and long-life oxygen battery that exploits a potassium biphenyl complex anode instead of the problematic potassium metal anode has recently been developed by researchers at the Chinese University of Hong Kong. The technology promises a safe and … Continue reading New battery to revolutionize energy storage