NIO Raises US$1.16B in Share Sale, Backed by New SUV Momentum

NIO Raises US$1.16B in Share Sale, Backed by New SUV Momentum

NIO’s Onvo L90 SUV has a 240L frunk, which is the largest in the Chinese market, according to the company. Credit: NIO NIO (NYSE: NIO; HKEX: 9866; SGX: NIO) has raised US$1.16 billion (RMB 8.4 billion) through a follow-on share sale, just a week after completing another US$1 billion financing. The company said the funds will support R&D in core EV technologies, new platforms and models, and the expansion of its battery swap and charging network. The raise comes as NIO’s recent launches...
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CS Murkomen Explains Why Police Ask Kenyans for Fuel: “It’s Not Bribery”

CS Murkomen Explains Why Police Ask Kenyans for Fuel: “It’s Not Bribery”

Interior Cabinet Secretary Kipchumba Murkomen has explained why police officers often ask members of the public to provide fuel when responding to cases, admitting that the government does not allocate enough fuel for police vehicles each month. Speaking at the Jukwaa La Usalama forum in Homa Bay town on Tuesday, Murkomen said such requests should not be mistaken for corruption. He noted that the government allocates 450 litres of fuel per police vehicle monthly, a figure he admitted falls far s...
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Ray-Ban Meta ‘Gen 2’ smart glasses deliver 2x battery, 3K video, $379

Ray-Ban Meta ‘Gen 2’ smart glasses deliver 2x battery, 3K video, $379

Meta is launching a sequel to its Ray-Ban smart glasses – the ones without a display – to double battery life as well as improve video resolution with 3K video output, but with a higher price tag. Ray-Ban Meta smart glasses have been a hit, and now they’re getting an upgrade to improve some of the sore points. In particular, they’re getting a big battery life upgrade. Where the original Ray-Ban Meta smart glasses only last about 4 or so hours on a charge, Meta says the “Gen 2” model...
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Ray-Ban Meta (Gen 2) revealed, now available for $519 CAD

Ray-Ban Meta (Gen 2) revealed, now available for $519 CAD

The glasses sport improved camera quality and longer battery life Meta has unveiled its second-generation Ray-Ban Meta smart glasses at its Meta Connect 2025 event in Menlo Park, California. The appropriately named Ray-Ban Meta (Gen 2) sports improved battery life and a higher-quality camera, on top of the first-gen smart glasses’ signature Meta AI features, hands-free calls and real-time conversation translation. Specifically, the second-gen glasses now boast a 12MP ultrawide camera that can...
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Inside the rush to buy an electric vehicle

Inside the rush to buy an electric vehicle

When I last shopped for a new car seven years ago, my primary focus was on style, size, and color. This time around, I had to learn a whole new lexicon: capacity, range, regenerative braking, level-two charging, and more. That’s because, for the first time, I was in the market for an electric vehicle (EV). EV popularity has exploded in recent years, now comprising eight percent of new car purchases in the United States and more than 20 percent worldwide. Close to half of all car buyers in Chin...
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Youbeien Crib Mobiles Recalled Due to Risk of Serious Injury or Death from Battery Ingestion; Violates the Mandatory Toy Standard for Batteries; Sold on Amazon by GKKBSJ

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Arizer Solo II Portable Vaporizers Recalled Due to Fire and Burn Hazards; Imported by 7111495 Canada

You don’t have permission to access “http://www.cpsc.gov/Recalls/2025/Arizer-Solo-II-Portable-Vaporizers-Recalled-Due-to-Fire-and-Burn-Hazards-Imported-by-7111495-Canada” on this server. Reference #18.df711102.1758364206.2c29bb38 https://errors.edgesuite.net/18.df711102.1758364206.2c29bb38 Read More...
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Anker Power Banks Recalled Due to Fire and Burn Hazards; Manufactured by Anker Innovations

You don’t have permission to access “http://www.cpsc.gov/Recalls/2025/Anker-Power-Banks-Recalled-Due-to-Fire-and-Burn-Hazards-Manufactured-by-Anker-Innovations-1” on this server. Reference #18.1e061502.1758274272.9f7d416 https://errors.edgesuite.net/18.1e061502.1758274272.9f7d416 Read More...
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Tesla exec says the company will redesign door handles that reportedly pose safety risks

Tesla exec says the company will redesign door handles that reportedly pose safety risks

Yesterday, the US National Highway Traffic Safety Administration opened an investigation into Tesla following a report by Bloomberg that its electric door handles could stop working when a vehicle’s low-voltage battery fails. That created a safety hazard that the publication found could trap passengers when a Tesla car was in an emergency situation, such as a crash. Now, Bloomberg is back with the news that Tesla plans to redesign those problematic handles.  Tesla design head Franz von Ho...
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Faster, Farther, Cheaper, and Safer Battery Advancements March On

Faster, Farther, Cheaper, and Safer Battery Advancements March On

Europe may seem slightly more eager to electrify its vehicle fleet than the U.S., so in addition to all the hybrid and plug-in hybrid tech on display at IAA Munich 2025, there was some battery news, as well. Rimac showed off a solid-state battery pack it developed with Pro-Logium and Mitsubishi Chemical Group, Chinese battery giant CATL displayed an LFP battery promising to be so long-lived it will improve resale value, and it teased a concept much like struggling Our Next Energy proposed: a dua...
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