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NOW OPEN: Gravity’s Flagship Charging Center Brings the Fastest EV Charging in America to the Heart of Midtown

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Certified by UL Solutions, Backed by GV (Google Ventures), Gravity’s 500kW systems shatter industry records, charge 90X faster than a home charger, 2X faster than a Tesla Supercharger

Photos of Gravity’s equipment and charging center here

NEW YORK, March 4, 2024 /PRNewswire/ — Today Gravity, the pioneering, New York-headquartered electric vehicle infrastructure startup, was joined by NYSERDA, Con Edison, Related Companies, Congressman Jerrold Nadler and City officials to open its flagship Midtown Manhattan EV charging center to the public, bringing the fastest charging in the US to the heart of its biggest city. Gravity’s equipment is capable of charging at a rate of 2,400 miles per hour, equivalent to 200 miles of range in just five minutes.

After months of extensive testing with commercial fleets, all EV owners and major fleet operators will now have access to Gravity’s 24 500kW charging systems at the indoor parking garage located at 401 West 42nd Street, which is a partnership with Related Companies. The charging systems are ceiling-mounted within the footprint of existing parking spaces, no additional space required. Zero utility upgrades were made to the building or surrounding grid—making this installation easily replicable at any parking site across the country.

Certified by UL Solutions and backed by GV (Google Ventures), Gravity’s complete line of 500kW Distributed Energy Access Points (DEAPs) will rapidly accelerate American EV adoption and the green transition of the electrical grid with equipment that is faster than any competitor, including Tesla, and so compact that they can be deployed in any indoor or outdoor setting.

Gravity’s customer experience is more convenient, and less expensive, than a gas station, with charging in minutes and low energy costs:

Charging is available 7 days a week with on-site attendants90-times faster than comparably-sized “Level 2” chargers deployed in most garagesFuture proof: Faster charging than any car currently on the US market can accept. For the first time, the only charging limitation is in the auto manufacturers’ choice of battery.24 charging stalls, with more expected at the site soon, so drivers never have to wait for open equipment.User-friendly plug-in and charge with auto authentication for all vehicle types and no interface required.Tap-and-go payment for on-demand charging with no appointment necessary.Extended parking is available after charging in the adjacent parking facility.Bidirectional-ready, with equipment engineered to send battery power back to the building and grid

“Automakers love to tout their EVs’ top driving speed, but what matters more than anything for drivers is how fast a car can charge.  Our technology that can provide a car with 40 miles of range in just a minute of charging. With these speeds, we can push the entire industry to vehicles with faster-charging batteries,” said Moshe Cohen, CEO of Gravity Inc. “Charging is just one aspect of our DEAPs. With cars connected to DEAPs wherever they are parked, we can usher in a new, clean, inexpensive and flexible electricity network where the EV owners have control of their power.  We are ready to scale and start a very exciting EV revolution.”

“We congratulate Gravity on the grand opening of its Charging Center which represents the next evolution in access to fast charging infrastructure for electric vehicle drivers.  Gravity’s innovative charging technology is a market changer that will allow the public in one of the largest and busiest cities in the world the ability to ‘charge and go’ more quickly thereby providing a more enjoyable driving experience,” said Richard Kauffman, Chair, New York State Energy Research and Development Authority (NYSERDA).

“Addressing the climate crisis takes an all-hands-on-deck approach – at every level of government and in the private sector. At Related, we have long been committed to delivering best-in-class sustainability practices to our properties and developments,” said Jeffrey I. Brodsky, Vice Chairman of Related Companies. “We are proud to continue to build on our legacy through this partnership with Gravity at Manhattan Plaza, and, as always, we are grateful for the leadership of Mayor Adams, Congressman Nadler, and the elected officials who support initiatives like these.”

“Through our PowerReady incentive program, Con Edison is supporting the buildout of a widespread network to bring electric vehicle charging to all New York City area drivers,” said Raghu Sudhakara, Vice President of Distributed Resource Integration at Con Edison. “We are proud to support Gravity’s new Midtown facility right in our urban center, and an area with numerous taxis and for-hire vehicles, which will significantly help New York City transition away from fossil fuels and toward a cleaner transportation future.”

Gravity’s Distributed Energy Access Points function as EV chargers but are capable of much more. They directly interface with other sources and uses of power and augment electrical grids, flexibly stabilizing and allocating power to prevent costly new demand spikes and eliminating the need for costly infrastructure upgrades. Gravity’s innovations enable it to onboard large-scale fast charging without straining the grid and often without any need for utility upgrades —overcoming a fundamental barrier facing the industry, especially as the grid transitions to intermittent renewable energy.

The Manhattan Plaza location is Gravity’s first full public deployment of equipment with many additional sites already in development. Gravity now has the capacity to manufacture and deploy thousands of chargers per year to sites that it operates.

Plan your charging visit, see equipment specifications and learn more at GravityTechnologies.com.

 

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SOURCE Gravity

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Manufacturing Category at 139th Canton Fair Presents Smarter, Lighter and More Connected Solutions

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GUANGZHOU, China, April 24, 2026 /PRNewswire/ — At the 139th Canton Fair, Manufacturing category presented a clear view of how industrial equipment is evolving to address efficiency, labor shortages, and sustainability goals. Across power equipment, machinery, automation systems, and industrial robots, exhibitors pointed to a common direction: smarter operation, stronger engineering performance, and deeper integration with digital manufacturing systems.

Industrial equipment is advancing towards intelligence with products emphasizing built-in sensing and automatic adjustment to enhance reliability and efficiency. Silent inverter generators, for example, can detect operating conditions and ambient temperature to regulate cooling for better fuel use and stability. Pumps and cleaning equipment with variable-frequency drives and integrated protection systems follow the same approach, prioritizing smooth operation, longer service life, and consistent output.

Lightweight, high-performance design has also become a priority across categories. Advances in materials and structural engineering are enabling major weight reductions without compromising power or durability. Aluminum-extrusion housings in three-phase asynchronous motors cut weight by up to 40% while improving heat dissipation and installation efficiency. Lightweight permanent-magnet submersible pumps delivered stronger flow stability despite smaller size and reduced weight.

AI-based visual inspection and quality control are also becoming essential. AI-powered optical inspection stations demonstrated full-process, high-speed inspection without relying on manual sampling. By turning experience-based judgment into standardized, repeatable rules, these systems help manufacturers improve scalability and consistency.

Industrial robots are taking on more active roles as well. Security patrol robot dogs and inspection robots are moving beyond monitoring to direct intervention, such as carrying fire-suppression modules for emergency response. This shift marks a broader move from passive observation to active execution in high-risk or labor-intensive environments.

Finally, more industrial devices are being designed as system nodes rather than standalone machines. Intelligent industrial gateways that combine data collection, protocol conversion, edge computing, and secure transmission show how equipment value increasingly depends on its ability to connect with enterprise-level digital systems.

The 139th Canton Fair vividly showcased the accelerated shift of industrial equipment toward intelligent and system-level development.

For pre-registration, please click: https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/manufacturing-category-at-139th-canton-fair-presents-smarter-lighter-and-more-connected-solutions-302752629.html

SOURCE Canton Fair

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Zhejiang unicorn ranks grow to 58 as Hangzhou tightens lead, top ranking shows

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Province adds three unicorns, expands high-growth pipeline
Hangzhou accounts for 83% as new entrants and startups scale up

HANGZHOU, China, April 24, 2026 /PRNewswire/ — Zhejiang’s roster of unicorn companies has expanded to 58 as of April 2026, highlighting the province’s growing role as a hub for emerging technologies and industrial upgrading.

The latest rankings, released at the 10th All Blossom Conference in Hangzhou on April 23, show companies spread across seven cities, including Hangzhou, Ningbo, Jiaxing, Jinhua, Shaoxing, Taizhou and Wenzhou.

While Hangzhou, Ningbo and Jiaxing remain the top three hubs, the broader distribution points to a more geographically balanced innovation landscape. The province’s unicorn count rose by three from a year earlier.

Hangzhou continues to dominate the landscape, home to 48 of Zhejiang’s unicorns, up from 44 last year—when it already accounted for roughly four out of every five such startups.

The annual rankings also include tiered lists of “future unicorns,” valued between $100 million and $1 billion, and early-stage “seed unicorns” worth $10 million to $100 million.

Together, they map a full pipeline of high-growth companies across sectors such as artificial intelligence, embodied intelligence, life sciences, new energy, semiconductors, advanced manufacturing and aerospace, and have become a key barometer of Zhejiang’s startup ecosystem.

Among the top 100 future unicorns, integrated circuits lead with 22 companies, followed by artificial intelligence and life sciences with 19 each. Advanced manufacturing accounts for 16 firms, new energy and materials 15, and next-generation information technology nine.

In the seed unicorn category, new energy and life sciences each count 22 companies, ahead of advanced manufacturing with 19, while AI, next-generation IT and semiconductors each have 11 firms, and aerospace-related companies total four.

Against that provincial backdrop, Hangzhou remains the clear center of gravity—continuing to generate both the largest share of unicorns and the deepest pipeline of emerging startups.

The city added eight companies to its unicorn ranks on April 23, bringing the total to 48, according to the same conference ranking.

The new entrants—Hailiang Technology Services, Geener Microelectronics, Spirit AI, Geespace, Sunrise, Seepin, DEEP Robotics and Simplexity Robotics—span sectors from semiconductors and robotics to commercial aerospace.

As of April, Hangzhou accounted for 83% of Zhejiang’s unicorns, up from 80% a year earlier, underscoring its outsized role in the province’s innovation economy.

The conference also released a list of 413 quasi-unicorns—companies typically valued between $100 million and $1 billion—including 50 new additions.

Several firms, such as Diagens Biotechnology, Manycore Tech, Mirxes, Promisemed, Saint Bella, Tide Pharmaceutical, Tongshifu and ISV, exited the list after scaling into unicorn status or completing initial public offerings.

Quasi-unicorns are concentrated in sectors aligned with Hangzhou’s broader “296X” industrial strategy. Life sciences lead with 118 firms, followed by next-generation information technology with 78 and AI and embodied intelligence with 50—together accounting for about 60% of the total.

The “296X” is an industrial cluster blueprint the city introduced in October 2025 in an effort to speed up the integration of technological and industrial innovation.

More than half of both unicorns and quasi-unicorns—255 companies—are classified as nationally recognized “specialized and refined” enterprises, including 20 unicorns and 235 quasi-unicorns, reflecting a structured pipeline of high-growth firms.

Since 2018, Hangzhou’s unicorn count has risen from 26 to 48, while quasi-unicorns have expanded from 105 to 413, underscoring sustained growth in its innovation-driven economy.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/zhejiang-unicorn-ranks-grow-to-58-as-hangzhou-tightens-lead-top-ranking-shows-302752640.html

SOURCE All Blossom Conference

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KUN Unveils AI Intelligent Strategy at Money20/20 Asia: Reconstructing Global Commercial Efficiency with “1-1-4-6” Layout

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BANGKOK, April 24, 2026 /PRNewswire/ — At the prestigious Money20/20 Asia held at QSNCC, KUN showcased its upgraded brand identity and launched the “1-1-4-6” Intelligent Strategic Blueprint. This milestone marks KUN’s comprehensive transition toward a globalized, full-stack, and intelligent ecosystem.

Dr. Louis Liu, Founder & Group CEO of KUN, stated at the launch: “While the convergence of Web2 and Web3 defines the current era, we believe the embedded ecosystem synergy of AI and Web3 is the inevitable future of commerce. Our evolution is an intelligent reconstruction of commercial efficiency. By leveraging decades of vertical payment expertise, we provide enterprise clients with full-stack, end-to-end payment and financial solutions. Through digital orchestration and operations, we deliver secure, compliant, and high-velocity transaction safeguards to empower global business growth.”

Money20/20 Roundtable: Compliance as the “Scaling Layer” for Institutional Adoption

At the “Bridging TradFi and DeFi” roundtable, Dr. Liu shared three key insights on the future of cross-border finance:

Asia as the Hub for Real-World Stablecoin Settlement: Asia has emerged as a critical hub for cross-border trade flows and stablecoin settlement, connecting high-growth emerging markets. Currently, 60% of the world’s on-chain stablecoin trade volume is centered in Asia, making it a primary corridor for capital flows between Asia, LATAM, Africa, and the Middle East.

Compliance as the “Scaling Layer”: The bottleneck for scaling digital payments is not technology or licensing, but the ability to embed jurisdictional compliance frameworks into business logic. Integrating AML and risk controls directly into the payment flow is the prerequisite for the explosion of global institutional applications.

Accelerating AI and Web3 Ecosystem Convergence: As AI agents increasingly enter commercial decision-making, payments are shifting from human-controlled to autonomous. Blockchain and stablecoins will serve as the default infrastructure for Agent-to-Agent (A2A) transactions.

Exhibition Interaction: From Platform Governance to Vertical Efficiency

At the main exhibition area, KUN demonstrated its dual-brand synergy through a new visual identity:

KUN: Positioned as the Trusted Vertical Digital Payments Platform for Real Economy, providing one-stop digital payments and scenario-based on-chain financial solutions.

YeeZ: A KUN Group brand specializing in 2B2C Global Corporate Card Issuance for global enterprises.

The “1-1-4-6” Strategic Blueprint: Driving Global Growth

KUN decoded its “1-1-4-6” strategy—an AI-powered blueprint designed for seamless asset mobility. The ecosystem integrates KUN Space™ (the digital payments & financial services platform) with KUN Nexus™ (the AI-orchestrated liquidity network). Driven by four core engines—KUN | Pay, KUN | Cards, KUN | Money, and KUN | Agent—the strategy empowers liquidity for six vertical sectors: Bulk Commodity, General Trade, B2B Cross-border E-Commerce, Service Trade, Web3 Ecosystems, and AI Applications.

Future Vision: The Era of “Driverless” Intelligent Payments

The launch highlighted KUN | Agent as the pioneer of the “driverless” era of intelligent global payments.

KUNClaw.AI: Orchestrates autonomous financial workflows to drive intelligent cost reduction and efficiency.

AI Agent Wallet: Features programmable KYC and authorization fences to ensure secure, compliant execution where “decision is payment”.

Seamless Network, Borderless Payments.

KUN remains dedicated to serving as the engine for the real economy, providing secure, compliant, and efficient one-stop cross-border payment solutions in an uncertain global environment.

About KUN

KUN is an innovative financial infrastructure company centered on digital payments and embedded finance. Built on a globally distributed licensing framework and a robust compliance and risk-management system, KUN connects Asia with high-growth emerging markets across Africa, Latin America, and the Middle East.

Positioned as a trusted vertical digital payments platform for real economies, the company operates across four core pillars—Cross-Border Digital Payments, On-Chain Finance, Card Issuing, and AI Agentic Payments. By integrating artificial intelligence and blockchain technologies, KUN delivers secure, compliant, and efficient one-stop payment and transaction services for enterprise clients across industries including commodity trade, B2B cross-border e-commerce, service trade, Web3 ecosystems, and AI applications.

Through this integrated infrastructure, KUN serves as a growth engine enabling enterprises to expand globally with speed, trust, and financial connectivity.

Learn more about KUN → www.kun.global

Contact: KUN: brandmkt@kun.global  

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SOURCE KUN

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