Quick Hits

Contemporary Amperex Technology (CATL) [300750:CH], the world’s largest electric vehicle (EV) batteries maker, is expanding its business to include the development of perovskite solar cells (PSC), as reported by Bloomberg on May 26. PSC is regarded as one of the most promising methods to improve the...

Microsoft [MSFT:US] and Japanese information technology firm Fujitsu [6702:JP] have announced a five-year strategic partnership to jointly develop and deploy sustainability transformation-focused cloud solutions across manufacturing, retail, healthcare, and the public sector, as reported by ESG Today on May 30. Building upon their existing collaboration,...

Meta [META:US] has offered not to use other businesses’ advertising data for its online classified ad service, Facebook Marketplace, as reported by Reuters on May 26. The offer was intended to address competition concerns raised by the Competition and Markets Authority (CMA), the UK’s antitrust watchdog....

The Canadian federal government and the Quebec province have committed approximately CAD150m (USD110m) each to support the establishment of a General Motors-POSCO Chemical battery materials facility in Becancour, Quebec, as reported by Reuters on May 29. The facility aims to produce cathode active material (CAM)...

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