Tech

China’s EV upstart Nio switches on power swap station in Sweden

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Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on … Read more

Daylight, the LGBTQ+ neobank, raises cash to launch subscription plan for family planning

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A day after a bill that would codify same-sex marriage in the U.S. cleared a key hurdle in the Senate, Daylight, a digital bank that pitches itself as LGBTQIA+-friendly, closed a $15 million Series A round led by Anthemis Group with participation from CMFG Ventures, Kapor Capital, Citi Ventures and Gaingels. Daylight Co-founder and CEO … Read more

Watch an iFixit employee shoot a battery with a nail gun to teach us all about safety

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Image: iFixit Repair specialists iFixit have released a new video of themselves stabbing and, ultimately, nail gunning a series of batteries in the name of teaching the world about battery safety. The takeaway? Despite the high profile examples of battery explosions that occasionally crop up in the news, modern lithium ion batteries are generally very … Read more

India proposes permitting cross-border data transfers with certain countries in new privacy bill

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India has proposed a new comprehensive data privacy law that will mandate how companies handle data of its citizens, including permitting cross-border transfer of information with certain nations, three months after it abruptly withdrew the previous proposal following scrutiny and concerns from privacy advocates and tech giants. The nation’s IT ministry published a draft of … Read more