BEIJING, Oct. 24, 2024 /PRNewswire/ — On October 24, 2024, CATL launched Freevoy Super Hybrid Battery, the world’s first hybrid vehicle battery to achieve a pure electric range of over 400 kilometers and 4C superfast charging, heralding a new era for high-capacity EREV and PHEV batteries.

As a transformative solution, Freevoy redefines PHEV and EREV batteries

With EREVs (extended range electric vehicles) and PHEVs (plug-in hybrid electric vehicles) gaining prominence in the new energy vehicle market, consumers have increasingly expressed frustration over their unsatisfactory pure electric experiences with such vehicles. Short range, slow charging, and reduced low-temperature performance have emerged as critical challenges demanding immediate solutions.

Designed for hybrid vehicles of EREVs and PHEVs, CATL’s Freevoy frees drivers from the constant need to charge, a common drawback of existing hybrid vehicles, offering the convenience of one charge to power an entire week’s commute. Additionally, it delivers impressive charging speeds, providing over 280 kilometers of range on 10 minutes of charging, effectively dispelling range anxiety for EREV and PHEV owners.

Behind the remarkable range and ultra-fast charging are continuous technological breakthroughs. Gao Huan, CTO of CATL’s China E-car Business, gave an in-depth presentation on the innovative features of the Freevoy during the launch event.

The Freevoy incorporates a surface modification technology for the cathode material, coupled with an innovative high-voltage electrolyte formulation, to create a nano protective layer. This effectively minimizes side reactions within the active layer. The integration of high-activity, excited-state particles into the cathode material significantly enhances transport efficiency of lithium ions within the material. Supported by the SOC full-scene high-precision model developed by CATL, and the upgrade of BMS intelligent algorithm and hardware, the SOC control accuracy of Freevoy has been increased by 40%, and the overall pure electric utilization rate has increased by more than 10%, achieving a pure electric range of more than 400km. At the same time, CATL conducted model data analysis on the charge-discharge polarization characteristics of the battery, accurately predicted the future discharge capacity of the battery, and created a multi-level power prediction and control strategy for the battery, which improved the power performance of the hybrid vehicles by 20%.

Furthermore, CATL has successfully applied its 4C ultra-fast charging technology in the Freevoy, achieving over 280 kilometers of range on 10 minutes of charging. Lithium ion transport is made effortless through the application of cathode fast ion conductor coating technology, second-generation fast-charging graphite and novel nano-coating technologies for the anode, multi-gradient layered electrode design, and a brand-new ultra-high conductivity electrolyte formulation, allowing hybrids to deliver the ultimate charging experience equal to pure electric vehicles.

CATL’s sodium-ion battery technology is also implemented in the Freevoy, breaking the low-temperature limitations of new energy vehicles. It achieves discharge capability in extreme cold environments down to -40 degrees Celsius, charging capability down to -30 degrees Celsius, and maintains a seamless driving experience down to -20 degrees Celsius comparable to normal temperatures.

To further improve the low-temperature performance of the Freevoy, CATL has implemented three key technological innovations centered around sodium-ion battery technology.

First, leveraging CATL’s pioneering AB battery system integration technology, the Freevoy combines sodium-ion batteries and lithium-ion batteries in a defined ratio and arrangement, with mixed, serial, and parallel connections to enhance low-temperature range by 5%. Second, CATL takes the sodium-ion battery as a SOC benchmark for monitoring of the AB battery system to assist in calibrating the lithium-ion battery’s charge level. This elevates system control precision by 30%, adding over 10 kilometers to the pure electric range. Addressing the inherent performance disparities between lithium-ion batteries and sodium-ion batteries at low temperatures, CATL has developed a full temperature range accurate BMS technology. This technology implements targeted zonal management for distinct chemical systems around the clock, effectively mitigating issues like inaccurate charge prediction or reduced power performance in harsh high and low temperature environments.

The impressive performance of the Freevoy lies in its exceptional reliability and safety. CATL has established a comprehensive reliability management and evaluation system, starting from the material selection and molecular design and encompassing multi-level protection structures, extreme manufacturing processes, comprehensive testing and validation, and big data-driven early warning mechanisms.

The Freevoy has already been used on numerous models of various brands, including Li Auto, AVATR, DEEPAL, CHANGAN NEVO, and NETA. By 2025, 30 hybrid vehicle models from brands including Geely, Chery, GAC, and VOYAH, equipped with CATL’s Freevoy are scheduled to be launched and delivered.

The launch of the Freevoy is another milestone that CATL has delivered for the industry through its steadfast commitment to superior driving experiences for consumers. Looking to the future, CATL will remain dedicated to pushing the boundaries of technological innovation, providing unmatched new energy experiences, and accelerating the shift toward comprehensive electrification.

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SOURCE Contemporary Amperex Technology Co., Limited (CATL)

With Oracle Alloy, NTT DATA Japan will be able to broaden its cloud service offerings, accelerate cloud adoption in Japan

AUSTIN, Texas and TOKYO, Oct. 24, 2024 /PRNewswire/ — Oracle today announced that NTT DATA Japan, a global digital business and IT services leader that is part of the NTT Group, has selected Oracle Alloy to help Japanese organizations across the public and private sector accelerate the use of cloud services while addressing data sovereignty and compliance requirements. With Oracle Alloy deployed in its data centers, NTT DATA Japan will be able to give its customers access to 150+ Oracle Cloud Infrastructure (OCI) services, including the latest AI capabilities.

Oracle Alloy is a complete cloud infrastructure platform that enables Oracle partners to become cloud service providers. With Oracle Alloy deployed in two of its data centers, NTT DATA Japan will be able to expand OpenCanvas, its sovereign cloud for domestic organizations, by offering the latest OCI capabilities, including infrastructure and platform services, and cloud-native development tools. Additional capabilities powered by Oracle Alloy are scheduled to be available on OpenCanvas in the Japan East region by the end of December 2025 and in the Japan West region by the end of March 2027.

“The aim of our data center strategy is to meet new demands for cloud and data utilization, including new on-premises and sovereign requirements, and Oracle Alloy plays an extremely important role in this,” said Hiroshi Tomiyasu, director and executive vice president, NTT DATA Japan. “As a global solutions provider, NTT DATA Japan is also looking to expand its presence overseas and is committed to helping its Japanese customers strengthen their global competitiveness by providing cloud services enhanced with Oracle Alloy to facilitate the migration to the cloud and secure use of data to meet data sovereignty requirements. As a global solutions provider, NTT DATA Japan is looking forward to further support from Oracle to promote cloud computing and data utilization.”

OpenCanvas will also continue to provide its own customized, proprietary cloud services, ensuring it can meet the specific needs of its broad customer base across industries, including financial services, the public sector, and telecommunications. Oracle Alloy will help ensure customer data is stored within Japan to help address data sovereignty and regulatory requirements across industries. In the future, NTT DATA Japan will consider utilizing innovative technologies from the NTT Group, such as the IOWN (Innovative Optical and Wireless Network) initiative, and the large language model (LLM) called “tsuzumi.”

“Providing our partners and customers with more choices has always been our priority,” said Scott Twaddle, senior vice president, Product and Industries, Oracle Cloud Infrastructure. “Oracle Alloy enables NTT DATA Japan to utilize the latest cloud and AI technologies to enhance its data center capabilities, helping its customers unlock new growth opportunities. We look forward to strengthening our collaboration with NTT DATA Japan and accelerating the digital transformation of Japanese organizations.”

“NTT DATA Japan and Oracle Japan are united in their commitment to delivering secure, user-friendly cloud services to our customers in Japan that incorporate cutting-edge technologies,” said Toshimitsu Misawa, member of the board, corporate executive officer, and president, Oracle Japan. “Oracle Alloy opens unparalleled business opportunities for NTT DATA Japan by enabling it to harness the scalability and performance of the cloud to drive innovation at hyperscaler speed.”

Earlier this year, Oracle announced plans to invest over US$8 billion in cloud computing and AI in Japan to help meet Japan’s growing demand for cloud computing and AI infrastructure. As part of the plan, Oracle is strengthening its operations team in Japan including the support for NTT DATA Japan’s deployment of Oracle Alloy. 

About Oracle Distributed Cloud
Oracle’s distributed cloud delivers the benefits of cloud with greater control and flexibility. Oracle’s distributed cloud lineup includes:

Public cloud: Hyperscale public cloud regions serve any size of organization, including those requiring strict EU sovereignty controls. See the full list of regions here.Dedicated cloud: Customers can run all OCI cloud services in their own data centers with OCI Dedicated Region, while partners can resell OCI cloud services and customize the experience using Oracle Alloy. Oracle also operates separate U.S., UK, and Australian Government Clouds, and Isolated Cloud Regions for U.S. national security purposes. Each of these products provide a full cloud and AI stack that customers can deploy as a Sovereign Cloud.Hybrid cloud: OCI delivers key cloud services on-premises via Oracle Exadata Cloud@Customer and Compute Cloud@Customer and is already managing deployments in over 60 countries.Multicloud: Options including Oracle Database@AWS, Oracle Database@Azure, Oracle Database@Google Cloud, Oracle HeatWave on AWS and Microsoft Azure, Oracle Interconnect for Microsoft Azure, and Oracle Interconnect for Google Cloud allow customers to combine key capabilities from across clouds.

Additional Resources:

Learn more about Oracle Cloud InfrastructureLearn more about Oracle AlloyLearn more about OCI Dedicated RegionLearn more about NTT DATA

About NTT DATA
NTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long-term success. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group, which invests over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. Visit us at nttdata.com.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

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SOURCE Oracle

Jebel Ali Port Central for U.S.- Bound Shipments, Global Transshipping and Persian Gulf Oil

WASHINGTON, Oct. 24, 2024 /PRNewswire/ — Exiger, the market-leading supply chain and third-party risk AI company, today released proprietary research generated by its AI platform 1Exiger that identifies the sectors most vulnerable to a potential blockage in the Strait of Hormuz, which hosts the world’s twelfth busiest port, Jebel Ali. In the midst of continued Houthis attacks on vessels, worsening conflict in the Middle East and the recent U.S. strike on weapons storage facilities in Yemen, there is increasing concern about how a disruption to this trade route could impact the global economy. Exiger analyzed shipments traversing the Strait of Hormuz that use the Jebel Ali port. Key findings include:

Merchandise, textiles and luxury goods most at risk: 58 different industries may be impacted by the closure of, or reduced traffic through, the Strait of Hormuz. This includes various kinds of merchandise, textiles, and luxury goods, with companies in those industries accounting for 29% of shipments leaving Jebel Ali in 2024.Thousands of U.S.-bound shipments could be disrupted: In the last two years, 10% of identified outbound shipments leaving Jebel Ali were destined for Europe or North or South America. Roughly 17,000 of these shipments were headed to the U.S., carrying industrial goods and commodities ranging from turbojet engines to ethyl alcohol.Transportation of Persian Gulf oil could be interrupted: It is well known that the Strait of Hormuz is a vital sea lane for oil produced in the Persian Gulf — a commodity that continues to power much of the global economy.Transshipment delays could impact global companies: Less well known is the importance of the Strait of Hormuz for transshipping (i.e., the transfer of goods between ships). 350,000 shipments over the past two years involved transactions where the shipper and receiver were part of the same corporate family. Approximately 26,000 of these shipments were destined for Europe or North or South America, carrying goods ranging from cars to electric transformers and machinery parts.

The Strait of Hormuz is one of the top strategic shipping straits in the world and the effects of a blockade would be compounded by existing challenges in the Suez Canal, which has seen trade volume drop by 70%+ in the past year. Exiger continues to monitor at-risk supply chains and is working closely with customers to proactively prepare for any potential disruptions.

For more information on Exiger’s analysis, visit here.

About Exiger

Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions. Exiger’s mission is to make the world a safer and more transparent place to succeed. Empowering its 550 customers across the globe, including 150 in the Fortune 500 and over 55 organizations across the Defense Industrial Base and government agencies, with award-winning AI technology, Exiger leads the way in ESG, cyber, financial crime, third-party and supply chain management and recently achieved FedRAMP® Moderate Authorization. Named one of Fast Company’s 2023 ‘Brands That Matter’ and recipient of the Third Party Risk Association’s 2024 Innovator Award, Exiger’s work has been recognized by 50+ AI, RegTech and Supply Chain partner awards. Learn more at Exiger.com and follow Exiger on LinkedIn.

For more information, please contact:

Kody Gurfein
Chief Marketing Officer for Exiger
1.914.393.0398
kgurfein@exiger.com

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SOURCE Exiger