Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe
Xpeng’s new L03 undercuts Tesla Model Y by up to $10,000 in Europe

Xpeng launched its new L03 electric SUV-coupe in Europe this week with a starting price of €34,990 — undercutting the Tesla Model Y by roughly €3,400 in Germany and by around $10,000 in Norway.
The pricing puts a well-equipped 4.65-meter electric SUV d…

29 countries sign a treaty to establish the World AI Cooperation Organization
29 countries sign a treaty to establish the World AI Cooperation Organization

Twenty-nine countries signed an agreement on 16 July to establish the World AI Cooperation Organization (WAICO), Reuters reported. China says the intergovernmental body aims to promote international cooperation and global governance in AI. China’s fore…

SWISSto12 raised $70M, and it is that rare thing: a profitable space startup
SWISSto12 raised $70M, and it is that rare thing: a profitable space startup

Most space-hardware startups raise money because they are burning it. SWISSto12 raised $70m while turning a profit, an unusual thing in the satellite business. The Swiss company closed the €61m round days after ESA member states put $84.8m into its Hum…

XPeng L03 ships Google Maps Auto SDK — a first for an APAC automaker
XPeng L03 ships Google Maps Auto SDK — a first for an APAC automaker

XPeng used the global launch of its new L03 in Munich to announce that the electric SUV coupe is the first vehicle from any Asia-Pacific automaker to ship with Google Maps’ Auto SDK built in.
The integration replaces XPeng’s overseas navigation stack w…

CATL’s 30-year sodium-ion battery takes over grid storage
CATL’s 30-year sodium-ion battery takes over grid storage

CATL has signed a memorandum of understanding with Dutch energy company Alfen to deploy 5 GWh of its Tener Sodium energy storage systems across Europe, one of the largest sodium-ion commitments the region has seen.
The batteries are rated for 15,000 cy…

Nokia and Nvidia built the first commercial AI-RAN, aiming to double network capacity
Nokia and Nvidia built the first commercial AI-RAN, aiming to double network capacity

The firms powering the AI boom now want a piece of the mobile network. Nokia says it has built the industry’s first commercial AI-RAN platform, together with Nvidia, calling it the biggest shift in radio in decades. RAN stands for radio access network,…

WHO warns Europe’s AI health governance gap is becoming irreversible
WHO warns Europe’s AI health governance gap is becoming irreversible

Hans Kluge opened his speech in Lisbon with a number, which is not how the World Health Organization usually does this. “Let me start with a number: 8%,” the WHO Regional Director for Europe told delegates on 15 July. “That’s the share of countries in …

Europe’s best earnings quarter in three years is an energy story, not an AI one
Europe’s best earnings quarter in three years is an energy story, not an AI one

European companies are heading into their strongest quarterly earnings season in more than three years, and almost none of it is about AI. STOXX 600 constituents are forecast to grow second-quarter profits by 15.3% year on year, according to LSEG I/B/E…

Bliq.ai gets the green light for driverless cars in Finland
Bliq.ai gets the green light for driverless cars in Finland

Bliq.ai has won approval to run driverless cars in Finland, its second EU market after Estonia. First stop is a Helsinki winter. Europe has another driverless car heading for its roads. Finland has cleared Bliq.ai to operate its Bliq Driverless vehicle…

Neko Health raises $700M at nearly $7bn and heads to New York
Neko Health raises $700M at nearly $7bn and heads to New York

Neko Health, the body-scanning startup from Spotify’s Daniel Ek, has raised $700m and is now worth about $7bn. It is heading to New York, backed by Mark Zuckerberg, Maria Sharapova, and will.i.am. “We’ve gone into markets where health care is free, and…