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Toshiba and Naturenix Launch Demonstration Test of Battery Subscription Service for Electric Motorcycle Taxis in Bangkok

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– Developing markets in emerging economies by utilizing SCiB™*1 with long life performance in hot environments –

TOKYO, Oct. 31, 2024 /PRNewswire/ — Toshiba Corporation  and Naturenix Inc., a battery tech startup from Shimane University, have started a demonstration test of a battery subscription service for drivers of electric motorcycle taxis in Bangkok, Thailand on September 30, 2024.

In Bangkok, electric motorcycle taxis help people avoid traffic congestion, but face the problem of high temperatures that degrade battery performance and life. The demonstration test will use Toshiba rechargeable lithium-ion batteries “SCiB™”, known for reliable, long-life performance in high temperatures, to ensure extended stable operation of electric motorcycle taxis, eliminate the large initial investment in a battery, and to reduce running costs. Improved battery life will also reduce materials consumption and contribute to lower environmental impact.

Lithium-ion battery performance degrades in high temperatures. The problem is particularly pronounced in two- and three-wheeled vehicles, where it is difficult to add cooling mechanisms, especially in hot countries like Thailand. Expensive lithium-ion batteries often need to be replaced after only one or two years of use, making their use economically impractical and limited. There have also been accidents where batteries have caught fire, highlighting the need for batteries with high-level safety features.

While demand for lithium-ion batteries in emerging economies is expected to exceed 600GWh by 2035, only 2.8% of that is expected to be from lithium-ion batteries for motorcycles and three-wheeled vehicles, both widely used in daily transportation. The reasons for this low demand in a sector where batteries could play a major role degradation and safety issues. Solutions in these areas will help to unlock a significant market for batteries for motorcycles and three-wheelers.

Working with Windee International, a joint venture with a local parking management servicer, Naturenix will provide a battery replacement service for electric motorcycles. The demonstration test will use Toshiba’s battery SCiB™. It will be mounted with sensors that monitor its characteristics and the collected data will be transmitted to Naturenix for analysis with AI. User of the service will be asked to complete a questionnaire on the service. The company will also monitor carbon dioxide emissions and examine the effectiveness of the service in reducing environmental impacts. The data collected will determine the effectiveness of the service and support preparations for a wider roll out in FY2025.

The Toshiba’s battery SCiB™ used in the demonstration test is characterized by its long life and high level safety, with minimal performance deterioration even after over 20,000*2 charge-discharge cycles. This longevity is particularly important in hot environments like Thailand. It also has excellent safety features, making it less likely to experience abnormal heating or ignition, even in the event of an internal short circuit.

Naturenix’s packing and charging technologies minimize heat generation by reducing internal resistance to the extent possible. By utilizing these technologies, the company aims to achieve longer battery life and higher output, as well as faster recharging, in as short a time as six minutes. It also expects to reduce the number of batteries on standby for recharging, and by doing so cut the service operating costs.

This battery pack’s data analysis functions constantly monitor the state of the battery. This is communicated to AI that can provide highly accurate estimates of battery degradation. Depending on the degree of degradation, after use on e-motorcycles it can be reused in a number of applications, such as being converted to a stationary storage battery.

Through Fleet operators, Naturenix will lease batteries to its customers, electric motorcycle drivers, on a subscription model. It allows Fleet operators to provide electric motorcycles to their customers without the cost of the batteries, reducing initial costs that are high barrier to entry for electrification. As the battery manufacturer, Toshiba expects to generate sustained revenue from battery rentals, as well as from manufacturing and sales.

For this demonstration, Toshiba will supply SCiB™ and Naturenix will be responsible for development and manufacturing the battery packs. Both will work for asset management, system development, installation, and providing the subscription services to customers. Naturenix will also establish a subsidiary in Thailand in FY2025 to mass produce battery packs with SCiB™, with the aim of supplying batteries not only for electric motorcycles and three-wheeled vehicles, but also for forklifts and golf carts.

About Toshiba

Toshiba Corporation leads a global group of companies that combines knowledge and capabilities from almost 150 years of experience in a wide range of businesses—from energy and social infrastructure to electronic devices—with world-class capabilities in information processing, digital and AI technologies. These distinctive strengths support Toshiba in building infrastructure that everyone can enjoy, and a connected data society, and in achieving the Company’s ultimate goal, a future that realizes carbon neutrality and a circular economy. Guided by the Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future,” Toshiba contributes to society’s positive development with services and solutions that lead to a better world.

For more information, visit https://www.global.toshiba/ww/top.html or follow Toshiba Corporation on  LinkedIn.

About Naturenix

Naturenix is a start-up company that aims to create a world where nature and electronics coexist through the provision of battery longevity technologies and next-generation energy platforms. By collecting dynamic data on batteries in actual use and analyzing it with AI technology, the company promotes open innovation in batteries and ensures long-term use across multiple applications by guaranteeing asset value based on an understanding of battery use and degradation. For more information, please visit www.naturenix.co.jp

Note 1: SCiB™ is a trademark of Toshiba Corporation.

Note 2: Characteristics may vary with conditions of use.

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SOURCE Toshiba Corporation

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Amid Rising Costs, XRP Healthcare Prescription Savings Card Making a Difference at 68,000 Pharmacies Across America: A Game-Changer for Individuals and Organizations Alike

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DUBAI, UAE, Oct. 31, 2024 /PRNewswire/ — Amid rising costs in the U.S., the XRP Healthcare Prescription Savings Card is providing Americans with much-needed relief on medication expenses. Accepted at over 68,000 pharmacies, including major chains like Walmart, Walgreens, and CVS, the card offers savings of up to 80% on prescriptions and over-the-counter medications, free to download on the XRPH app with no hidden fees or subscription costs.

 

While not a complete solution for financial pressures, the card delivers meaningful savings on repeat medications, especially for those managing chronic conditions like diabetes, high blood pressure, and mental health.

“With financial pressures mounting, our Prescription Savings Card offers a simple, no-cost solution to help families reduce their prescription expenses,” says Kain Roomes, CEO of XRP Healthcare.

Supported by AI-driven guidance through the XRPH app, users can access reliable healthcare information and personalized insights. This digital platform ensures access to trusted advice on managing health concerns affordably, bridging a critical gap in healthcare.

Since launching in 2022, XRP Healthcare has successfully delivered on each phase of its growth roadmap, making significant strides in enhancing healthcare access.

Entering the final quarter of 2024 with strong momentum, XRP Healthcare is set to close the year with impactful mergers and acquisitions in underserved markets like Uganda, furthering its mission to improve healthcare access in emerging regions.

This growth positions the company as a leader in delivering cost-effective healthcare solutions to both established and developing markets.

“Expanding into Uganda represents a pivotal step toward our vision of a truly global healthcare ecosystem,” adds COO Laban Roomes, with a focus on strengthening affordable healthcare options in underserved markets.

 

About XRP Healthcare

XRP Healthcare is the first pharma and healthcare platform built on the XRP Ledger, leveraging blockchain and AI to transform access to affordable healthcare globally. Headquartered in Dubai, UAE, and Uganda, XRP Healthcare offers solutions like the Prescription Savings Card and an AI-powered chatbot, aimed at making healthcare accessible worldwide. The company’s token, XRPH, is paired with USDT and listed on multiple reputable CEX exchanges, driving innovation in the digital and healthcare sectors.

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View original content:https://www.prnewswire.co.uk/news-releases/amid-rising-costs-xrp-healthcare-prescription-savings-card-making-a-difference-at-68-000-pharmacies-across-america-a-game-changer-for-individuals-and-organizations-alike-302291875.html

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Global Times: 15 years on, China’s Nasdaq-style ChiNext board drives innovative economic growth

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BEIJING, Oct. 31, 2024 /PRNewswire/ — Wednesday marked the 15th anniversary of the ChiNext board, a Nasdaq-style board for growth enterprises in China, which opened for trading on October 30, 2009. After 15 years of rapid growth, the board has become an important incubator for the development of high-quality private enterprises, and it vigorously propels innovative economic development and industrial upgrades.

As of Wednesday, 1,358 companies from a wide range of sectors including advanced manufacturing, the digital economy, and the green and low-carbon sectors had gone public on the ChiNext, and their total market capitalization exceeded 12 trillion yuan ($1.68 trillion), the Securities Daily reported.

In the past 15 years, the ChiNext board has nurtured quality high-tech companies that have showcased strong innovation capability and growth momentum, and they became important innovation engines driving the country’s high-quality economic growth in the new era, Yang Delong, chief economist at Shenzhen-based First Seafront Fund, told the Global Times on Wednesday.

At present, there are more than 1,000 private enterprises listed on the ChiNext board, which has become an important incubator for the development of high-quality private companies. Many enterprises have gained tangible benefits after listing on the board, and they have strong expectations for the development of the board.

Since going public on ChiNext in June 2018, Contemporary Amperex Technology Co., Ltd (CATL), a leading battery maker, has raised nearly 70 billion yuan from investors and issued 4.5 billion yuan in corporate bonds. A private placement completed in 2022 remains the largest ever on the board, which underscores the strong support of China’s capital markets for the development of CATL, the company told the Global Times on Wednesday.

Over the years, the ChiNext board has played the role of a “test field” for China’s capital market development. It has conducted institutional trials and innovations that better conform to the development characteristics of innovative and growth enterprises, accumulating reform experience for the capital market, Yang noted.

“The rapid development of the ChiNext board has been a highlight in the construction of a multi-layered capital market in China,” Yang said, noting that the ChiNext board greatly enhances the capability of China’s capital market to serve the new economy.

“The ChiNext board witnessed the leapfrog development of innovative enterprises over the past 15 years,” a spokesperson of Chinese medical device company Shenzhen Mindray Bio-Medical Electronics Co., Ltd, told the Global Times on Wednesday.

It is hoped that the ChiNext board can accelerate the building of a market, product and institutional system that accommodates the development of innovative growth enterprises, contributing to the development of new quality productive forces, the spokesperson said.

China’s top securities regulator is studying and drawing up action plans to further deepen capital market reform, Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), said at the Annual Conference of Financial Street Forum 2024 in Beijing on October 18.

On aiding the development of new quality productive forces, the CSRC will focus on supporting high-quality innovative enterprises, enhancing the inclusiveness and adaptability of the system, and reforming and optimizing the issuance and listing system, Wu said.

 

View original content:https://www.prnewswire.com/news-releases/global-times-15-years-on-chinas-nasdaq-style-chinext-board-drives-innovative-economic-growth-302292444.html

SOURCE Global Times

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ACE and Egyptian Authorities Shut Down Major Live Sports Piracy Ring

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Livehd7 Network Gave Users Illicit Access to Live Sports, Drawing More Than 17 Million Monthly Visits

LOS ANGELES, Oct. 31, 2024 /PRNewswire/ — Egyptian authorities collaborated with the Alliance for Creativity and Entertainment (ACE), the world’s leading antipiracy coalition, to shut down a notorious sports piracy network that illegally streamed live football/soccer matches to audiences around the world.

This action is the latest in a series of takedowns in the Middle East and North Africa (MENA) region. In recent months, ACE has worked with local MENA authorities to shutter unlawful streaming operations. Major takedowns include Laroza, formerly the largest piracy site in the MENA, taken down last month; Cima4U, which operated nearly 500 illegal domains and was shut down in January; and five other MENA-based piracy rings closed in 2024.

Operating since late 2020, Livehd7’s network of live streaming websites and at least 85 associated domains offered users access to matches from Europe’s top football/soccer leagues including England’s Premier League, Spain’s La Liga, Italy’s Serie A, Germany’s Bundesliga, France’s Ligue 1 and Portugal’s Primeira Liga, as well as the United States’ Major League Soccer (MLS) and domestic cup competitions in those countries. The content also included all UEFA club competitions and international qualifiers for the FIFA World Cup, UEFA Euro and EUEFA Nations League, and CONMEBOL Copa America.

“We applaud the excellent work of Egyptian law enforcement in protecting the intellectual property rights of ACE’s sports media company members,” said Motion Picture Association (MPA) Executive Vice President and Chief Content Protection Officer, Larissa Knapp. “The piracy of live sports is especially detrimental and poses an existential threat to sports leagues and their distribution partners, as a live sports broadcast loses substantial commercial value once a game ends. ACE remains committed to collaborating closely with the Egyptian Police to bring illegal operators to justice.”  

Through its various domains, the Livehd7 network logged more than 17 million monthly visits — more than 257 million visits in the past year. Site traffic originated primarily from Egypt, KSA, France, Germany, and the United States.

“Egyptian-operated piracy websites are popular across the MENA and Arabic-speaking markets generally, causing detrimental harm to our industry,” said Cameron Andrews, Legal Director of Anti-Piracy at beIN MEDIA GROUP. “According to our research, in the MENA region alone, they cost beIN over a $1 billion USD a year and threaten the viability of our business, which in turn has a direct effect on what broadcasters can pay for sports rights. We are very pleased to see action being taken as ACE continues to set a precedent in the fight against piracy.”

In addition to European and North American leagues, the illicitly streamed content included national leagues in the MENA such as the Saudi Pro League.   

The ring operators frequently built new domains to circumvent site blocking and other enforcement measures implemented in the countries where users accessed the illicit content.

All sites will be redirecting to the ACE “Watch Legally” page.

About The Alliance for Creativity and Entertainment

The Alliance for Creativity and Entertainment (ACE) is the world’s leading coalition dedicated to protecting the legal creative market and reducing digital piracy. Driven by a comprehensive approach to addressing piracy through criminal referrals, civil litigation, and cease-and-desist operations, ACE has achieved many successful global enforcement actions against illegal streaming services and unauthorized content sources and their operators. Drawing upon the collective expertise and resources of more than 50 media and entertainment companies around the world—including sports channels and associations—and reinforced by the Motion Picture Association’s content protection operations, ACE protects the creativity and innovation that drives the global growth of core copyright and entertainment industries. The current governing board members for ACE are Amazon, Apple TV+, Netflix, Paramount Pictures, Sony Pictures, Universal Studios, The Walt Disney Studios, and Warner Bros. Discovery. Charles Rivkin is Chairman and CEO of the Motion Picture Association and Chairman of ACE.

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View original content:https://www.prnewswire.co.uk/news-releases/ace-and-egyptian-authorities-shut-down-major-live-sports-piracy-ring-302292467.html

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