Almost $183 billion has gone into the nation’s electric vehicle supply chain this year.Life as a newly minted public company didn’t get off to the roaring start that CALB, China’s third-largest electric vehicle battery maker, might have hoped for, particularly after rivals LG Energy Solution and CATL soared 68% and 44%, respectively, on their day one debuts.CALB listed in Hong Kong late last...

The Entropy Vest comes from the creators behind the award-winning Petit Pli, a children’s garment that was designed to grow with its little wearer. The vest, however, tackles a rather different problem. Designed for adults, the Entropy Vest is meant to be worn under clothing and comes with a special heat-storing chemical gel that can release heat on command, helping insulate its wearer from ex...

The World Intellectual Property Organization (WIPO) has released its 2022 Global Innovation Index. It evaluated innovation levels across 132 economies focusing on a long list of criteria such as human capital, institutions, technology and creative output as well as market and business sophistication, among others. The 2022 index has found that innovation is still blossoming in some sectors desp...

It can lower vehicle surface temperature by up to 42°F, reducing AC consumption and saving on fuel, too.In 2020, a team of scientists at Purdue University developed the world’s whitest white — a paint color so white it could reflect 98.1% of the sunlight that hits it. That paint formula was designed for hard surfaces like rooftops and pavement, to lower the surface temperature and help comba...

These venture bets on startups that "returned the fund," making firms and careers, were the result of research, strong convictions, and patient follow-through. Here are the stories behind the biggest VC home runs of all time.[click to enlarge]In venture capital, returns follow the Pareto principle — 80% of the wins come from 20% of the deals.Great venture capitalists invest knowing they’re go...

Prestige skincare was once reserved for a more mature audience, but now younger consumers are investing thousands of dollars in face creams and more. Unlike the standard three-step routine of cleanse, tone, and hydrate, the average Chinese consumer has up to nine steps in their daily skincare ritual. The aspiration to be “bai fu mei” (white, rich, and beautiful) has spurred the rise of the “...

In a stagflationary scenario, inflation expectations continue to rise each year. This can happen when inflation stays too high for too long, enough for expectations to shift across the economy. This was the case in the U.S. in the 1970s, until the Federal Reserve fought inflation with steep interest rate hikes.Here’s a closer look at some of the main causes of each scenario and how they’ve hi...

The Coffee Watch : Premium design, made from recycled coffee."We're making a watch from recycled coffee." By now, we're used to the astounded look on people's faces when we tell them about our new watch. But we really wanted to make this watch – not only because we were sold on the idea, but also because we love watches and coffee! With your help, the Coffee Watch now becomes a reality!Designe...

Crocs are still in growth mode. The company, known for its foam footwear, capitalized on its recent success earlier this year, acquiring shoe brand Hey Dude for some $2.5bn. Under the Crocs corporate umbrella, Hey Dude is now itself looking to open a new 730,000 sq ft distribution center in Las Vegas.Although not a mainstream brand, Hey Dude has a quiet legion of fans, and crucially, many of th...