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In ten minutes, new Toshiba cells can charge an electric bus to 80 percent.

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A prototype electric bus that runs on next-generation SCiB batteries was unveiled by Toshiba Corporation and two other businesses.

Just ten minutes are needed to charge the new, incredibly long-lasting energy storage device to 80%.

The battery can lower capital costs and operating expenses for cars that are entirely electric, hybrid, light, and heavy.

Along with increasing operating rate, it reduces the risk of explosions and fires. For quicker acceleration, the battery also provides greater power.

Toshiba’s SCiB Nb cells are temperature-adaptable. The battery’s weak energy density, which might reach more than 200 Wh/l, was present in the previous model.

But the upcoming SCiB battery generation has an energy density of 350 Wh/l, which is 50% higher. Upcoming urban electric transportation is supported by the battery.

Toshiba’s cells have been used in a number of electric vehicles before, but since they can function well in temperatures ranging from -22 to 140°F (from -30 to +60°C), these new cells may prove helpful for electric buses or massive trucks.

Moreover, these batteries have the advantage of being extremely fast charging.

Toshiba predicts that a new SCiB Nb battery will be available by 2025.

The ultra-fast charging prototype electric bus, which is driven by next-generation lithium-ion batteries with NTO anodes, was unveiled by Toshiba, Sojitz, and CBMM on June 20 at CBMM’s industrial site in Araxá, Brazil.

By using a lithium-ion battery containing niobium titanium oxide (NTO) in the anode, a prototype e-vehicle is now operating for the first time in history, significantly advancing the commercialization of batteries.

When compared to graphite-based anodes, NTO has twice their theoretical volume density.

As they work towards introducing the next-generation lithium-ion battery with NTO anode to the global market in the spring of 2025, the three businesses will continue to collaborate to make the most use of their unique technologies and knowledge.

“Toshihiko Takaoka, vice president of Toshiba Corporation’s Battery Division, remarked, “I am really thrilled to see an E-bus outfitted with our NTO battery, SCiB Nb.”

Toshiba and CBMM and Sojitz have collaborated to produce an NTO battery that has a high energy density and a rapid recharge, thereby implementing the practical usage of niobium in battery material applications. To increase the variety and scope of our SCiBTM battery offerings, we will persist in our development efforts.

Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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