Economy

Fast charging.. Electric cars are waiting for the “super battery”.

Published

1 month ago

August 22, 2023

Nadia Barnett

Fast charging.. Electric cars are waiting for the “super battery”.

Personal

Should you be worried about electric cars?

Electric cars have strongly imposed their presence in the global car market in recent years as they have gained more confidence among customers.

The number of electric cars registered worldwide will reach 10.83 million units in 2022, up 61.3 percent from 2021, according to market research firm SNE Research.

Although electric car sales will hit a record in 2022, motivating people and persuading them to buy this type of car still faces many difficulties, especially the slow process of charging the car battery and the speed of its expiration. Abandon the idea of buying an electric car.

The origin of the super battery

But this dilemma will be a thing of the past with the announcement of today’s Amberex Technology Co. Ltd., known as CATL, has announced a new battery that could be a game-changer in the electric vehicle industry.

The new CATL battery bears the name Shenxing and supports the high-speed charging feature, as it gives the car the ability to walk for 400 km after only 10 minutes of charging, and the Shenxing battery gives cars the ability to walk. 700 km range after a full charge, which will encourage more people to adopt electric cars.

According to CATL, Shenxing is the first LFP or Lithium Iron Phosphate battery to support the high-speed charging feature. Shenxing charges up to 80 percent in 30 minutes, even at -10 degrees Celsius.

It is known that the performance of electric cars is affected by extreme cold, as batteries become less efficient when the temperature drops below zero, so CATL ensures that its Shenxing battery also overcomes this weakness and ensures that the battery will be produced in high volumes. By the end of 2023, it will be available to customers in the first quarter of 2024.

CATL Corporation

Contemporary Amberex Technology Co., Ltd. China Ltd., known as CATL, is the world’s largest maker of electric car batteries, accounting for more than 37 percent of sales in the sector, and its most important customers include companies such as Tesla, Mercedes and Hyundai.

CATL’s market value is expected to be around $135 billion by 2022, and its revenue will rise 152 percent to $4.6 billion in 2022, driven by increasing global demand for electric vehicles.

In an interview with “Sky News Arabia Economy”, communications engineer Hassan El-Tesoghi said that the Shenxing battery announced by CATL makes a quantum leap in the field, as it allows the vehicle to travel 400 km after charging. 10 minutes, while the best batteries and charging technologies currently available on the market belong to Fast Track Tesla, which allows vehicles to travel between 260 and 322 km after charging the battery for 15 minutes.

Many companies have announced over the years that they have developed fast-charging batteries for electric cars, but the big problem is that these companies have not been able to launch their products on a commercial scale. There is a theory that does not suit everyone in this field. In fact, although the Shenxing battery is a real innovation, it will see the light in 2024 and take the electric vehicle world to a new level in terms of battery charging speed. and limitation.

According to Al-Desouki, the Shenxing battery belongs to the LFP type, which means “lithium iron phosphate”, which is exceptional in charging standards because its capacity can be charged to 100 percent without rapid deterioration, and this element contributed to the battery’s ability to withstand ultra-fast charging technology.

When talking about the Shenxing battery, CATL pointed out that it is the world’s first LFP battery that supports 4C high-speed charging technology, and the term 4C means that the battery can theoretically be fully charged. A quarter of an hour, but it seems that the company has now settled on a certain percentage of charging capabilities.

A breakthrough in the electric vehicle industry

For his part, Eli Noble, a sales manager specializing in electric cars, told “Economy Sky News Arabia” in an interview that the problem of charging electric cars has been the biggest challenge the industry has faced since its inception. At charging stations, this is not the case for Tesla car owners, who can charge their vehicles in just 15 minutes through the company’s network of Supercharger stations.

Knopf believes that the Schenksing battery, which can be obtained by various car manufacturers, could break the exclusivity of progress that Tesla cars enjoy in this field, if these companies can introduce better charging systems according to the capabilities. Shenxing Battery indicates that this innovation will undoubtedly be a breakthrough in the electric vehicle industry, and it will encourage more customers to acquire electric vehicles, capable of traveling distances on a 10-minute charge. 400 km is more than good.

According to Nofal, CATL was able to reach Shenxing by achieving a new superior engineering formula that improved the level of power transmission, with more details about the new invention expected to emerge in 2024. The speed and distance of the charging process for electric car batteries will be reduced in the next few years.

Nadia Barnett

“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”

Economy

4 new AI tools you can use to edit photos on Instagram

Published

6 hours ago

September 30, 2023

Nadia Barnett

4 new AI tools you can use to edit photos on Instagram

As part of Meta’s Connect conference last Wednesday, Mark Zuckerberg revealed several creative AI features that will be useful for some content creators and influencers. For example, users will be able to use Meta’s AI technology, revealed as Emu. In the Instagram app.

Zuckerberg said Meta will begin rolling out these photo-editing and generative AI tools to Instagram “in about a month,” and Meta’s Emu technology will take seconds to generate images, Zuckerberg said during the Connect conference.

In addition to photo editing tools, Meta is already releasing AI stickers that use Emu and Llama 2 technology, and advanced applications of AI will soon appear in Meta apps in the form of chatbots or AI-powered assistants. Meta will begin testing the beta feature immediately.

Here’s a full rundown of the new AI features Meta brings to Instagram:

– New photo editing tools in the Instagram app:

Like many apps and generative AI filters that are ubiquitous on TikTok, Instagram is adopting its own generative AI tools. Users can also edit photos by “re-styling”, which changes the artistic style of the photo, similar to altering the photo. A watercolor, or “background,” that allows users to replace the background of the image with an illustration.

Any image edited using these tools “represents the use of artificial intelligence,” Mitta wrote in a blog post.

– AI-generated stickers for use in direct messages:

Instead of sticking with Instagram’s existing preloaded stickers or emojis, Meta is rolling out a new tool that lets users create unique stickers using AI. Meta wrote in his blog post that the feature will be rolling out to “select English users next month.”

AI stickers are also available in Instagram features like Live Messages and Stories, and other apps like WhatsApp, Messenger and Facebook’s Stories feature.

– Interactive AI bots – or characters:

In addition to its general AI assistant called “Meta AI,” Meta is working with celebrities and influencers to develop 28 AI chatbots. The first cast uses celebrities and popular influencers like Tom Brady and Kendall Jenner. MrBeast, LaurDIY, and Charli D. Amelio and the AI characters will have their own profiles on Instagram and Facebook.

– Creators will be able to build their own robots in the future:

“We’re building a platform to build AI that can help you do things or have fun,” Zuckerberg said. “The way it works is that people can interact with these AI systems across the entire product universe. .”

Zuckerberg pitched these AI bots as a potential way for creators to “engage” with their communities. The creator of these bots should be “authorized” and “directly controlled,” Meta wrote in a blog post. Already, many startups have released AI tools. Similar applications allow creators to create AI versions such as Afterparty or Render Media.

Nadia Barnett

“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”

Economy

Inflation in the euro zone fell to its lowest level in a year

Published

14 hours ago

September 30, 2023

Nadia Barnett

Inflation in the euro zone fell to its lowest level in a year

Economic data released today on Friday showed that the euro zone’s core inflation rate fell to its lowest level in nearly a year this month, bolstering expectations that the European Central Bank will keep interest rates on hold at its next meeting to assess. The consequences of an unprecedented campaign to raise interest rates throughout the past.

European statistics agency Eurostat reported today that sales, excluding highly volatile items such as food and energy, fell to 4.5% this September, while analysts polled by Bloomberg News had expected a drop of 4.8%, compared with 5.3%. In the month, in the past.

At the same time, the headline inflation rate eased to 4.3% this month from 5.2% last August, the lowest level in nearly two years and well below expectations, thanks to a fall in energy prices. Accelerating rate of rise in prices of services.

The data released today is a strong indication that core inflation, a key measure for the central bank’s monetary policymakers, is on a downward path following a period of statistical deterioration over the summer months.

Despite the decline, general and core inflation rates have been more than twice the central bank’s target of 2% annually.

At the same time, there is a wide disparity in inflation rates between the euro zone’s twenty member states, with the inflation rate in Germany falling to its lowest level in two years this month, while the rate in Spain rose by more than 3. % again.

The current September consumer price inflation rate showed a new decline, reaching its lowest level in more than a year and a half, with the Italian statistics office saying the inflation rate fell to 5.3 for the current month. % y/y compared to 5.4% last month, while the core inflation rate, excluding highly volatile food and energy prices, fell to 4.6% this month, down from 4.8% last month.

Nadia Barnett

“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”

Economy

Meta unveils new artificial intelligence products

Published

22 hours ago

September 29, 2023

Nadia Barnett

Meta unveils new artificial intelligence products

Mark Zuckerberg, CEO of MetaPlatforms, has introduced a group of new products powered by artificial intelligence, including smart glasses that can answer questions and broadcast live on Facebook, as well as “bot” programs to create images and an advanced headset for virtual reality. .

Zuckerberg described the products as bridging the virtual and real worlds, and asserted that low-cost or free artificial intelligence in what Meta offered could be integrated into daily routines.

The MetaQuest virtual reality headset is one of the most popular in the burgeoning virtual reality industry, and company executives described it as the best value in the industry, marking the imminent launch of an expensive headset from Apple.

Speaking from the central courtyard at Meta’s sprawling campus in Silicon Valley, Zuckerberg said Meta’s new generation of Ray-Ban smart glasses will launch on October 17 for $299.

The device will have a new assistant from Meta that works with artificial intelligence and will be able to live-stream what the user sees on Facebook and Instagram, a feat compared to the previous generation’s ability to take pictures.

Earlier during the presentation, Zuckerberg said that the latest mixed reality headset (Quest) will start rolling out on October 10.

Zuckerberg’s statements came at the MetaConnect conference, the social media company’s biggest event of the year and the first to be held in person since the start of the Covid pandemic.

It launched the first consumer-oriented generative artificial intelligence products, in which a chatbot (meta AI chatbot) can generate text responses and realistic images.

Zuckerberg emphasized: “It’s not just about answering inquiries. It’s about helping people do things for entertainment and interacting with the people around you.”