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Deals in brief: Smartpay and WYZauto secure funding, SGX-listed APS to acquire Mobii Network, seven China deals, and more

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

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Zhongchao Inc (ZCMD) Announces Successful Medication Assistance Services for Over 7,000 SLE Patients with Approximately 130,000 Units of Medications

Zhongchao Inc (ZCMD) Announces Successful Medication Assistance Services for Over 7,000 SLE Patients with Approximately 130,000 Units of Medications
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Zhongchao Inc Announces 1-for-10 Share Consolidation

Zhongchao Inc Announces 1-for-10 Share Consolidation
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Lighting the way to Vision 2030

Hot News From The East

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Revolutionizing Energy: China s Sodium-Ion Batteries Set to Outpace Lithium by 2025, Sparking a $14 Billion Market Transformation

In a groundbreaking shift, SNE Research forecasts China's sodium-ion batteries to enter mass production by 2025, targeting two-wheelers, small EVs, and energy storage. By 2035, their cost is expected to undercut lithium iron phosphate batteries by 11% to 24%, creating a colossal $14 billion annual market. Characterized by lower energy density but higher electrochemical stability and cold resistance, sodium-ion batteries promise a complementary role alongside lithium batteries, fueling the new energy sector's growth. Amidst soaring lithium prices, this resurgence marks a pivotal turn, with China poised to lead the charge in revolutionizing the global energy storage landscape.

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