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Breakthrough in the electrification of commercial vehicles: CATL Unveils Revolutionary TECTRANS Battery System

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HANOVER, Germany, Sept. 17, 2024 /CNW/ — At IAA Transportation 2024, Contemporary Amperex Technology Co., Limited (CATL), the global leader in new energy technology innovations launched its groundbreaking TECTRANS battery system, revolutionizing the commercial transportation sector.

TECTRANS represents a quantum leap in battery technology for commercial vehicles, offering unprecedented energy density, faster charging capabilities, and enhanced durability. This innovative system is poised to transform the electric commercial vehicle landscape, providing fleet operators with extended range, reduced downtime, optimized cost-effectiveness, and improved overall efficiency.

Unmatched Energy Density, Fast Charge and Lifespan: The Future of Electric Trucks and Buses

For heavy-duty trucks, CATL introduces two groundbreaking products: the TECTRANS – T Superfast Charging Edition and the TECTRANS – T Long Life Edition. The Superfast Charging Edition features a remarkable 4C peak charging rate, allowing for a 70% charge in just 15 minutes. This rapid charging capability minimizes vehicle downtime and maximizes operational efficiency for fleet operators.

The TECTRANS – T Long Life Edition sets a new industry benchmark with an exceptional lifespan of up to 15 years or 2.8 million kilometers. This durability is crucial for the demanding nature of commercial operations, particularly in high-frequency, energy-intensive scenarios such as port operations and bulk transportation.

Both truck editions offer impressive driving ranges of up to 500 kilometers, catering to various operational needs from short-haul port deliveries to long-distance transportation.

The CATL TECTRANS – Bus Edition is a cutting-edge battery solution for long-distance passenger transport, featuring an industry-leading energy density of 175Wh/kg, the highest for LFP chemistry used in bus applications. Its compact design offers long-range capabilities and low energy consumption, enhancing vehicle layout flexibility. The advanced thermal management system maintains optimal performance across various climates, reducing internal temperature disparity by 50% and ensuring longevity even in extreme conditions.

In July of this year, CATL launched its light truck solutions in China, expanding the TECTRANS portfolio to cover a wider range of commercial vehicle applications. These solutions offer enhanced energy density and fast-charging capabilities, addressing the unique needs of urban delivery and last-mile logistics.

Akin Li, Executive President of CATL Overseas Business, highlighted the exceptional reliability of CATL batteries in various challenging environments: “Our batteries have proven their reliability and performance in extreme conditions, from operating in temperatures above 45°C in Qatar and Dubai to withstanding -35°C in Arctic countries like Norway and Sweden. The launch of the Tectrans and the product lines demonstrates our unwavering commitment to driving energy transition through continuous innovation.”

Advanced technologies Drive the Electricfication of Commercial Vehicles

The main concerns facing the commercial vehicle industry in its shift towards electrification are recharging time, cost and range. Tectrans is set to create value more commercial fleets by incorporating several cutting-edge technologies that contribute to its superior performance in high energy density, fast charging capabilities, and extended cycle life.

For buses and coaches, employing high-energy, high-press density cathode design at the micro level significantly improves energy density, while a U-shaped seal and a zero-draft angle structural innovation result in a 22% increase in volumetric energy density compared with the previous generation.Also for buses and coaches, the electrolyte features a groundbreaking additive molecular design and precise film-forming capability, resulting in ultra-stable interfaces and significantly improving cell service life.For TECTRANS – T superfast charging edition, to tackle the complex temperature difference within the battery pack, an exquisitely crafted flow channel system achieves precise control over various thermal zones, successfully halving the internal temperature disparity.The long service life for heavy-duty truck batteries is achieved in various aspects. The surface of anode materials is modified to improve reactivity and further suppress side reactions, thereby facilitating transmission of lithium ions and achieving a lifespan extension of over 20% for the battery. For cathode materials, CATL has integrated high-structural-stability active materials with lithium-rich materials, enhancing not only energy density but cycle stability.

“As the global industry leader, CATL is committed to pushing the boundaries of what’s possible in electric transportation,” said Akin Li, Executive President of CATL Overseas Business. “TECTRANS is the culmination of our extensive R&D efforts and represents a significant step forward in commercial vehicle electrification. We’re excited to showcase this technology at IAA Transportation and demonstrate how it will accelerate the global transition to sustainable transport.”

Sustainable Electrification of Road Transportation

At this year’s IAA Transportation, CATL shows a wide range of cells and packs tailored for different application scenarios, including trucks, buses, ships, and construction machinery.

While providing safe, reliable and cost-effective products and services to customers to support global climate ambition, CATL is also committed to sustainable practices throughout the battery lifecycle. It aspires to reach net zero in battery manufacturing operations by 2025 and across the battery supply chain by 2035. These milestones will help reduce more than 40% of emissions during the lifespan of an electric vehicle. So far CATL has achieved carbon neutrality in nine factories.

The company has established seven major recycling industry hubs globally, with its subsidiary Brunp Recycling achieving a recovery rate of over 99.6% for nickel, cobalt and manganese, and 91% for lithium. With a capacity to process 270,000 tons of used batteries annually, CATL is paving the way for batteries made entirely from recycled materials, significantly reducing the need for new mining operations.

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SOURCE Contemporary Amperex Technology Co., Limited (CATL)

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Lexmark Showcases New Printers and Technology Solutions for Retailers at NRF 2025

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NEW YORK, Jan. 12, 2025 /PRNewswire/ — Lexmark, a global imaging and IoT solutions leader, will showcase its cutting-edge, retail-ready printers and solutions at NRF 2025, Retail’s Big Show and Expo, Jan. 12 to 14, at the Jacob K. Javits Center in New York. The Lexmark showcase will be in booth #6321.

“Lexmark kicks off the year with a bang by showcasing our latest 9-Series family of A3 printers and MFPs at NRF for the first time,” said Tim Speller, Lexmark’s head of retail and manufacturing. “These sophisticated devices will usher in a new era of opportunity for retailers to maximize operational efficiency while increasing sales.”

Here’s what will be on display in Lexmark booth #6321:

New Lexmark 9-Series printers and MFPs are designed for challenging retail environments

Built by evolving Lexmark’s renowned A4 technology, the 9-Series delivers versatility, simplicity and sustainability. These solutions are easy to use and manage – perfect for any retail salesfloor or back office.

Key highlights of 9-Series:

Versatile and easy to use. The 9-Series offers a broad range of media size support (A6 to SRA3), high-volume duty cycles, a common set of modular paper-handling options, finishing capabilities and professional color features including PANTONE® calibration.Simple and easy to manage. The 9-Series’ intuitive interface streamlines workflows by providing simple instructions and prompts. For routine maintenance, toner cartridges can be replaced with one hand, easily understood visual cues are displayed, and serviceable areas are easy to access and identify.Sustainable and easy to feel good about. The 9-Series’ total post-consumer recycled (PCR) content is 56% by weight for all base-model MFPs and 73% by weight for the line’s base-model printer, based on IEEE calculation procedures. *Built to last. The 9-Series is designed and built to last seven years or more. Having few components helps reduce the likelihood of technical failure while also minimizing the service time required for repairs and maintenance. Experienced technicians can perform most common service actions, even highly complex tasks, in less than 15 minutes, according to Lexmark testing.

Lexmark Engagement Automation Platform (LEAP) helps retailers drive sales and foot traffic with hyper-local social media ads

LEAP automates one-to-one promotions that drive footfall to local stores. Store leaders can trigger hyper-personalized sale posts and boost ads based on individual store inventory conditions through loyalty program apps and social media platforms like Facebook and Instagram. With advanced analytics and reporting capabilities, LEAP provides the insights needed to measure success and make data-driven decisions.

Key highlights of LEAP:

Engagement: To engage shoppers, center promotions around customer buying patterns with an engagement automation platform that posts localized content – such as store-specific offers, events and locally grown produce initiatives.

Automation: Schedule and manage automatic localization and delivery of corporate promotional messaging with an engagement automation platform to reach consumers through social media with hyper-local content around each store or audience region.

Loyalty: Attract local customers with an engagement automation platform that sends store- and corporate-initiated offers to geo-fenced social media apps like Facebook and Instagram and loyalty program applications.

Supporting resources

Learn more about Lexmark’s booth at NRF 2025.

Read Lexmark’s NRF blog.

Schedule a booth meeting with our retail experts during NRF 2025.

Get more details about the Lexmark 9-Series.

Get more details about the Lexmark Engagement Automation Platform (LEAP).

Watch a video about LEAP.

Get the details on NRF 2025.

Follow us on LinkedIn for live NRF updates.

About Lexmark

Lexmark creates cloud-enabled imaging and IoT technologies that help customers worldwide quickly realize business outcomes. Through a powerful combination of proven technologies and deep industry expertise, Lexmark accelerates business transformation, turning information into insights, data into decisions, and analytics into action.

Lexmark and the Lexmark logo are trademarks of Lexmark International, Inc., registered in the United States and/or other countries. All other trademarks are property of their respective owners.

* PCR content measured in accordance with IEEE Std 1680.2a™ – 2017 Standard for Environmental Assessment of Imaging Equipment – Amendment 1 — which is the standard used by EPEAT.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lexmark-showcases-new-printers-and-technology-solutions-for-retailers-at-nrf-2025-302348628.html

SOURCE Lexmark

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Pricer and Focal Systems Announce Strategic Collaboration to Drive the Next Step in Physical Store Digitalization

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Pricer, a global leader in digital shelf-edge solutions, and Focal Systems, a leader in shelf-edge AI, today announced a strategic collaboration to accelerate the digitization and optimization of the physical store for retailers worldwide.

STOCKHOLM, Jan. 12, 2025 /PRNewswire/ — This collaboration brings together Pricer’s innovations in dynamic pricing and shelf-edge communication with Focal Systems’ advanced computer vision and product availability solutions to maximize shopper satisfaction while optimizing retail operations.

As a pioneer in enabling dynamic pricing and digitizing shelf-edge shopper communication, Pricer has led the first step of the retail digitalization journey. Focal Systems has pioneered the application of computer vision to digitizing what products are available on-shelf or not in near real-time. Together, Pricer and Focal Systems will empower retailers to improve labor efficiency, reduce out-of-stocks, increase sales, and enhance shopper satisfaction like never before.

Enhancing the Shelf Edge Through Collaboration

By integrating Focal Systems’ AI-powered shelf vision cameras with Pricer’s leading electronic shelf label (ESL) platform, retailers will benefit from:

Real-Time Shelf Insights: Automated detection and alerting of out-of-stock or low items powering rapid replenishment and increased shopper satisfactionDynamic Task Automation: Streamlined workflows and prioritized tasks to improve operational efficiency for store staff.Patented Innovation: Camera-based out of stock detection and communication, flashing ESLs, alternate location communication.Seamless Integration: Standardized API connections that deliver out-of-the-box value, offering synchronized ESL flashes, messaging updates, and shelf-edge intelligence.

Together, Pricer and Focal Systems demonstrate that the combined offerings deliver measurable value for the retailers by enabling a fully digitalized shelf-edge ecosystem.

Strategic Collaboration for the Future of Retail

“We are proud to combine our leadership in ESL technology with Focal Systems’ AI-powered shelf vision,” said Chris Chalkitis, CDO at Pricer. “Both companies share a belief in the digitalization of the physical store. Pricer has been a pioneer in dynamic pricing and shelf-edge communication. With Focal Systems, we take the next step, digitizing what’s on the shelf – and what’s not – to drive greater efficiency and performance for retailers.”

Focal Systems’ AI technology transforms retail operations through real-time shelf monitoring and replenishment task optimization.

“Partnering with Pricer, a global leader with groundbreaking ESL technology and innovation, creates tremendous value for retailers,” said Kevin H. Johnson, CEO at Focal Systems. “Together, we deliver an integrated, data-driven solution that reduces operational complexity, automates workflows, and enhances the in-store experience. We look forward to demonstrating this powerful collaboration to retailers and their customers.”

Showcasing the Future at NRF 2025

The collaboration will officially debut at the National Retail Federation (NRF) Big Show in January 2025, where Pricer and Focal Systems will showcase the integrated solution at Pricer’s booth. This marks the beginning of an exciting journey to redefine the shelf edge and set new standards for retail innovation.

For further information, please contact:
Chris Chalkitis, Chief Digital Officer, +46 70 4849812
Finn Wikander, Chief Product Officer, +46 705 233077
info@pricer.com

About Pricer

Pricer is a leading global provider of digital shelf-edge solutions, helping retailers optimize pricing, improve operational efficiency, and enhance the customer experience. With patented innovations like camera-based product identification by ESL, Pricer continues to set the standard for dynamic, intelligent shelf-edge solutions. For more information, visit www.pricer.com.

About Focal Systems

Focal Systems is a leading provider of AI-powered computer vision solutions, helping retailers automate operations and optimize product availability through real-time shelf monitoring. Its advanced technology delivers actionable insights that drive efficiency and profitability. For more information, visit www.focal.systems.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/pricer/r/pricer-and-focal-systems-announce-strategic-collaboration-to-drive-the-next-step-in-physical-store-d,c4090287

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SOURCE PRICER

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Blue Owl Capital Expands Tennis Player Sponsorship to All Grand Slam Tournaments in 2025

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Blue Owl to place logo patches on dozens of athletes competing across the Australian Open,
French Open, Wimbledon, and US Open

Jordan Thompson named as Blue Owl’s dedicated athlete ambassador for the Australian Open

NEW YORK, Jan. 12, 2025 /PRNewswire/ — Blue Owl Capital Inc. (“Blue Owl”) (NYSE: OWL), a leading alternative asset manager, announced today a marquee sponsorship agreement to expand their presence at all Grand Slam tournaments in 2025 and become the exclusive financial services partner for professional tennis’ Player Patch Program.

Blue Owl’s logo will be featured on the shirt of select players competing across men’s singles, women’s singles, mixed doubles, men’s doubles and women’s doubles competitions at this year’s Australian Open, French Open, Wimbledon, and US Open tournaments. In addition to Blue Owl’s presence on the courts, the firm will be featured in iconic Melbourne transit hubs, social media and digital media during the Australian Open in an effort to raise brand awareness within the country and the broader APAC market.

Blue Owl Chief Marketing Officer Suzanne Escousse said, “Just as Blue Owl is redefining alternative investing, we are supporting established and emerging professional players who are redefining the game of tennis. Tennis is a truly worldwide sport requiring peak performance in critical, high-pressure moments. This is the same ethos that underpins Blue Owl and allows us to focus on delivering results for our international client base. Following the success of our involvement with the Patch Program at the 2024 US Open, and given Blue Owl’s established presence within the country, Australia is the perfect place to kick off our presence across Grand Slam tournaments.”

Blue Owl has also partnered with Australian tennis professional Jordan Thompson, who will serve as the firm’s Athlete Ambassador at the 2025 Australian Open – January 12-26 in Melbourne. Most recently, Thompson won the men’s doubles at the 2024 US Open, where he was wearing a Blue Owl patch, and was a men’s doubles finalist at Wimbledon in 2024. He has also registered victories over several top-10-ranked opponents in singles competitions and previously represented Australia at the Olympics and the Davis Cup. Thompson will be one of several competitors wearing Blue Owl’s logo throughout the tournament.

Jordan Thompson said: “Blue Owl is focused on delivering excellence for its clients, which makes it a great fit for a partnership with professional tennis players. Support from firms like Blue Owl is tremendously beneficial for players who are preparing for career-defining events, especially the four Grand Slams. Our shared core values, including striving for success in every step of our journeys, whether that be in the financial services industry or competing as a professional athlete, is a perfect match. Alongside my coaches, my doubles teammate(s) and tennis fans, Blue Owl will play a key role for me here in Melbourne at the 2025 Australian Open.”

About Blue Owl

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives.

With $235 billion in assets under management as of September 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,050 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

Media Contact

Nick Theccanat
Principal, Corporate Communications & Government Affairs
Nick.Theccanat@blueowl.com

View original content:https://www.prnewswire.com/news-releases/blue-owl-capital-expands-tennis-player-sponsorship-to-all-grand-slam-tournaments-in-2025-302348626.html

SOURCE Blue Owl Capital

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