Connect with us

Technology

Second-life EV Batteries Market to Hit $28.17 Billion by 2031, Driven by EV Demand, Renewable Energy Adoption, and Environmental Impact Mitigation – Exclusive Report by Meticulous Research®

Published

2 years ago

on

REDDING, Calif., Sept. 5, 2024 /PRNewswire/ — According to a new market research report titled, ‘Second-life EV Batteries Market Size, Share, Forecast, & Trends Analysis by Application (Power Backup, Grid Connection, EV Charging, Renewable Energy Storage, Other Applications), End Use (Commercial, Residential, Industrial) —Global Forecast to 2031.

The Second-life EV Batteries market is expected to reach $28.17 billion by 2031, at a CAGR of 43.9% from 2024 to 2031.

Download FREE PDF Brochure Of Second-life EV Batteries Market :- https://www.meticulousresearch.com/download-sample-report/cp_id=5732

Efforts to mitigate the environmental impact of battery disposal, the growing adoption of renewable energy sources, and the increasing demand for electric vehicles (EVs) are key factors driving the growth of second-life EV batteries.

Initiatives to Mitigate the Environmental Impacts of Battery Disposal Support Market Growth

Improper disposal of batteries can lead to significant environmental consequences. Batteries contain various chemicals and metals that can be detrimental if they leach into soil or water. There is a growing focus on mitigating the environmental impacts of EV battery disposal, including the development of robust recycling systems, the exploration of alternative battery chemistries with lower environmental footprints, and the establishment of regulations to enforce responsible disposal practices. Some battery materials are lost during recycling, which necessitates their acquisition for new battery production. As a result, battery refurbishing and repurposing have emerged as effective strategies for enhancing sustainability and reducing the negative environmental impacts associated with end-of-life batteries. The repurposing of end-of-life batteries provides the following benefits:

Resource Conservation: Unlike battery recycling, refurbishing end-of-life batteries does not require replacing materials lost during the recycling process, conserving critical battery materials/resources.Reduced Pollution: Battery manufacturing using recycled materials has a considerable environmental footprint, which can be avoided through battery repurposing.Efficient Energy Management: Batteries allow for the storage of excess energy during periods of high generation and can support electricity grids during periods of peak demand. However, the environmental footprint of new batteries is high, which can be reduced through the use of second-life batteries.

Get Insightful Data On Regions, Market Segments, Customer Landscape, And Top Companies (Charts, Tables, Figures And More) :- https://www.meticulousresearch.com/request-sample-report/cp_id=5732

To address the environmental repercussions of battery manufacturing, producers are actively working to bring refurbished and repurposed batteries to market. Additionally, governments are implementing regulations to foster sustainability within the battery ecosystem. For example, in August 2022, the Government of India introduced the Battery Waste Management Rules, which target EV batteries, portable batteries, automotive batteries, and industrial batteries. These rules endorse the principle of Extended Producer Responsibility (EPR), holding battery producers accountable for the collection and recycling or refurbishment of waste batteries.

EPR mandates the collection and proper disposal of all waste batteries, prohibiting their disposal through incineration and landfills, which can be further supported by battery repurposing. This proactive approach aligns with the broader global initiative to promote sustainable practices within the rapidly expanding energy industry. By enforcing stringent regulations, governments aim to ensure a more environmentally friendly and sustainable lifecycle for batteries, thereby enhancing the overall eco-friendliness of the energy sector. These factors are driving the development of second-life batteries and supporting the growth of this market.

Second-life EV Batteries Market Analysis: Key Segmental Findings

By Application: In 2024, the power backup segment is projected to account for the largest share of 55.1% of the second-life EV batteries market. However, the EV charging segment is expected to register the highest CAGR of 48.5% during the forecast period from 2024 to 2031.By End Use: In 2024, the commercial use segment is expected to account for the largest share of 51.1% of the second-life EV batteries market. However, the residential use segment is anticipated to record the highest CAGR during the forecast period from 2024 to 2031.

Discover More About Market Segmentation And Geographic Forecasts By Accessing The Full [PDF] Sample Research Report – CLICK HERE

Geographic Analysis:

By geography, the second-life EV batteries market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of 68.7% of the second-life EV batteries market. This market is expected to reach $19,362.6 million by 2031.

Governments in the region are advancing initiatives to transition towards green energy. According to the Ministry of New and Renewable Energy, India aims to achieve a renewable energy capacity of 500 GW by 2030. Similarly, Singapore is focused on transforming its energy supply to enhance sustainability, with a goal of reaching net-zero emissions by 2050. To meet these targets, there is an increasing need to boost renewable energy generation and implement effective storage and management solutions. Second-life battery energy storage plays a crucial role in achieving these objectives.

As the region continues to develop its renewable energy infrastructure, the demand for energy storage solutions to manage the intermittency of sources such as solar and wind power is expected to rise. Various companies are launching initiatives to repurpose second-life EV batteries for renewable energy storage. For example, in July 2020, Tokyo Electric Power Co. Holdings (TEPCO) from Japan announced plans to establish a storage business utilizing used EV batteries from China. This strategy involves assembling up to 30 used EV battery packs into energy storage systems for deployment at renewable energy plants.

Get A Glimpse Inside: Request Sample Pages – https://www.meticulousresearch.com/request-sample-report/cp_id=5732

Moreover, the growing efforts to establish a comprehensive ecosystem for the reuse and life-cycle management of used EV batteries are expected to drive the expansion of the second-life EV market in the region. For example, in June 2023, MG Motor India, a British automobile brand with a 99-year legacy, partnered with LOHUM, India’s largest producer of sustainable energy transition materials, to develop second-life solutions for batteries. This initiative is designed to enhance battery utilization and support the circular economy. The project aims to unlock the potential of used batteries by repurposing them as Battery Energy Storage Systems (BESS), thereby extending their life cycle and optimizing resource use.

Some of the recent developments in this market space are as follows:

In August 2023, LOHUM (India) partnered with Vecmocon Technologies Pvt Ltd. (India) to work on the life-cycle management of EV batteries. The partnership aims to promote the adoption of second-life batteries. Over the course of two years, the initiative aims to power 100,000 Li-ion battery-powered EVs equipped with AI-powered Battery Management Systems (BMS) by determining the residual value of the batteries.In May 2022, the BMW Brilliance Automotive joint venture (BBA) in China announced the establishment of a closed-loop system for the reusing of raw materials like nickel, lithium, and cobalt from high-voltage batteries that are no longer suitable for use in EVs.

Europe: The Fastest-growing Regional Market

The European Union (EU) has set a goal of establishing a fully circular economy for EV batteries, aiming to ensure that all resources within these batteries are recycled and reused at the end of their life cycle. However, before reaching the recycling stage, EV batteries can be repurposed into second-life batteries. According to Dutch EV equipment supplier EVBox, EV batteries typically retain 70% to 80% of their original capacity after 10 to 15 years of use. At this point, they are generally deemed unsuitable for further automotive use due to reduced capacity.

Many major car manufacturers in the European region are actively exploring potential applications for EV batteries after they have aged and reached a capacity of around 70-80% during their “first life” in the vehicle. For example, in September 2022, Kia Europe announced plans to reuse retired EV batteries in “Second Life” battery energy storage systems as part of its global sustainability strategy. Kia has partnered with encore, a corporate startup from Deutsche Bahn (Germany), to collect EV battery packs from across Europe and repurpose them into second-life battery energy storage systems.

Additionally, in January 2022, Audi AG (Germany) collaborated with RWE (Germany) to establish an energy storage facility in Herdecke, Germany, using lithium-ion batteries from Audi electric cars. This facility, located at RWE’s pumped-storage power plant on Lake Hengstey, integrates 60 battery systems and can temporarily store approximately 4.5 megawatt-hours of electricity.

Have specific research needs? Request a customized research report- https://www.meticulousresearch.com/request-customization/cp_id=5732

Some of the recent developments in this market space:

In August 2023, Automotive OEM Jaguar Land Rover (U.K.) collaborated with Wykes Engineering (U.K.) to deploy a 2.5MWh second-life battery energy storage system (BESS) utilizing EV batteries. The collaboration was aimed at expanding the system’s capacity to 7.5MWh by the end of 2023. Each Wykes Engineering BESS unit consists of 30-second-life I-PACE batteries, which can store up to 2.5MWh of energy at full capacity.In June 2022, Volvo Energy (Sweden) invested in Connected Energy (U.K.), a second-life battery energy storage specialist, to further accelerate Volvo Group’s battery business and sustainability opportunities.

Second-life EV Batteries Market: Competition Analysis

This report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted over the past three to four years. Major companies in the second-life EV batteries market have implemented various strategies to expand their product offerings and global footprints and augment their market shares. The key strategies followed by most companies in the second-life EV batteries market were product launches, partnerships, agreements, and collaborations. The key players operating in the second-life EV batteries market include B2U Storage Solutions, Inc. (U.S.), RePurpose Energy Inc. (U.S.), BeePlanet Factory SL (U.S.), ReJoule (U.S.), Cactos Oy (Finland), ECO STOR AS (Norway), Connected Energy Ltd. (U.K.), Smartville Inc. (U.S.), Lohum Cleantech Private Limited (India), and DB Bahnbau Gruppe GmbH (Germany).

Second-life EV Batteries Industry Overview: Latest Developments from Key Industry Players

In September 2023, Connected Energy signed an agreement with Volvo Energy to develop a battery energy storage system (BESS) utilizing batteries recovered from Volvo electric buses, trucks, and machinery once they have reached the end of their optimal use in mobile applications. This initiative aims to give the batteries a second life, providing significant environmental and economic benefits.In September 2023, Smartville introduced the Smartville 360 Battery Energy Storage System (BESS) at the RE+ 2023 conference. The Smartville 360™ BESS is a fully integrated, turnkey energy storage solution that incorporates high-quality repurposed automotive lithium-ion battery packs from a range of automotive makes and models.In June 2023, BeePlanet Factory announced an agreement with SungEel HiTech (South Korea), Samsung C&T (South Korea), Metales de Navarra S.A. (Spain), Truck&Wheel Group (Spain), and Sodena (Spain) to collaborate on the reuse and recycling of lithium-ion batteries EVs. With an investment of USD 20.25 million (EUR 18.5 million), the newly formed company, BeeCycle, will operate on a 31,000 sqm site in Caparroso, Navarra. The project is set to employ 60-70 personnel to handle the processing of batteries that have reached the end of their life cycle or scrap from cell manufacturing.In June 2023, B2U Storage Solutions Inc. developed technology capable of integrating thousands of used EV batteries into arrays that can store megawatts of electricity from wind, solar, and other renewable sources. This technology effectively extends the lifespan of EV batteries before they are eventually recycled to recover their components.In March 2023, Smartville deployed its Smartville 360 energy storage system at the University of California San Diego’s Library Annex. This installation is designed to help UC San Diego reduce demand on the local utility grid after sunset and avoid peak electricity rates.In February 2023, B2U Storage Solutions, a leading provider of large-scale energy storage systems using second-life EV batteries, announced that 25 MWh of storage capacity is now operational at its SEPV Sierra hybrid solar storage facility in Lancaster, California. The project’s storage capacity includes 1,300 reused EV battery packs sourced from Honda and Nissan.In May 2021, ECO STOR signed an agreement with Nissan Motor Co. Ltd. (Japan), a leading Japanese multinational automobile manufacturer, to reuse EV batteries for energy storage projects and to recycle batteries once they reach the end of their life in an EV.

Immediate Delivery Available | BUY THIS RESEARCH REPORT (Insights, Charts, Tables, Figures and More) – https://www.meticulousresearch.com/Checkout/69064557

Scope of the Report:

Second-life EV Batteries Market Assessment—by Application

Power BackupGrid ConnectionEV ChargingRenewable Energy StorageOther Applications

Second-life EV Batteries Market Assessment—by End Use

CommercialResidentialIndustrial

Second-life EV Batteries Market Assessment—by Geography

Asia-PacificNorth AmericaEuropeLatin AmericaMiddle East & Africa

Related Market Reports:-

Flow Battery Market To Reach $1.03 Billion By 2031, Growing At 16.5% CAGR. Explore Trends, Battery Types, Applications, And Global Forecast Insights Till 2031.
https://www.meticulousresearch.com/product/flow-battery-market-5419

Battery Binders Market To Be Worth $6.4 Billion By 2030, Growing At A 8.7% CAGR From 2024 To 2030
https://www.meticulousresearch.com/product/battery-binders-market-5543

Zinc–Air Battery Market Is Projected To Reach $ 223.7 Million By 2030, At A CAGR Of 7.8% From 2024 To 2030.
https://www.meticulousresearch.com/product/zinc-air-battery-market-5420

Electric Vehicle Battery Materials Market Is Projected To Reach $156 Billion By 2031, At A CAGR Of 30.7% From 2024 To 2031.
https://www.meticulousresearch.com/product/electric-vehicle-battery-materials-market-5757

Battery Energy Storage System Market Is Projected To Reach $43.7 Billion By 2030, At A CAGR Of 28.8% During The Forecast Period 2023–2030.
https://www.meticulousresearch.com/product/battery-energy-storage-system-market-5336

Battery Management Systems Market To Reach $34.8Bn By 2030 At A 20.5% CAGR. Explore Trends In Hardware, Software, Li-Ion, Lead-Acid Batteries, And Applications.
https://www.meticulousresearch.com/product/battery-management-systems-market-5486

EV Charging Station Raw Materials Market Is Expected To Reach $8.1 Billion By 2031, At A CAGR Of 35.6% From 2024 To 2031.
https://www.meticulousresearch.com/product/ev-charging-station-raw-materials-market-5200

EV Battery Recycling Market To Reach $10.1 Billion By 2031 At A CAGR Of 40.9%. Discover Trends In Battery Recycling For Commercial And Passenger Vehicles.
https://www.meticulousresearch.com/product/ev-battery-recycling-market-5483

Second-Life Ev Batteries Market Is Expected To Reach $ 28.17 Billion By 2031, At A CAGR Of 43.9% From 2024 To 2031
https://www.meticulousresearch.com/product/second-life-ev-batteries-market-5732

EV Battery Management Market Is Projected To Reach $37.3 Billion By 2029, At A CAGR Of 30.5% From 2022–2029.
https://www.meticulousresearch.com/product/ev-battery-management-market-5337

Energy Infrastructure For Ev Charging Stations Market Is Expected To Reach $20 Billion, At A CAGR Of 36% During The Forecast Period 2022–2029.
https://www.meticulousresearch.com/product/energy-infrastructure-for-ev-charging-stations-market-5301

North America Ev Battery Market Growth To $73.70 Billion By 2031, Driven By Diverse Battery Types And Capacities. Key Trends And Forecasts Inside
https://www.meticulousresearch.com/product/north-america-ev-battery-market-5219

Europe Electric Vehicle Charging Stations Market Is Projected To Reach $34 Billion By 2030, At A CAGR Of 25.9% During The Forecast Period Of 2024–2030
https://www.meticulousresearch.com/product/europe-electric-vehicle-charging-stations-market-5277

Asia-Pacific Electric Vehicle Charging Stations Market Is Projected To Reach $105.1 Billion By 2030, At A CAGR Of 30.5% During The Forecast Period Of 2023–2030.
https://www.meticulousresearch.com/product/asia-pacific-electric-vehicle-charging-stations-market-5223

North America Electric Vehicle Charging Stations Market Is Projected To Reach $17.6 Billion By 2030, At A CAGR Of 26.8% During The Forecast Period Of 2023–2030.
https://www.meticulousresearch.com/product/north-america-electric-vehicle-charging-stations-market-5222

North America Electric Vehicle Market To Hit $570.47 Billion By 2029, Growing At A 39.4% CAGR From $55.81 Billion In 2022. Discover The Booming Market Trend.
https://www.meticulousresearch.com/product/north-america-electric-vehicle-market-5229

Asia-Pacific Ev Battery Market Is Expected To Reach A Value Of $120.9 Billion By 2029, At A CAGR Of 23.3% During The Forecast Period 2022–2029.
https://www.meticulousresearch.com/product/asia-pacific-ev-battery-market-5217

Europe Ev Battery Market Is Expected To Reach A Value Of $94.41 Billion By 2029, At A CAGR Of 45.8% During The Forecast Period 2022–2029.
https://www.meticulousresearch.com/product/europe-ev-battery-market-5221

Plant-based Food Market Report Summary

Particulars

Details

Number of Pages

93

Format

PDF

Forecast Period

2024–2031

Base Year

2023

CAGR (Value)

43.9 %

Market Size (Value)

USD 28.17 Billion by 2031

Segments Covered

By Application

Power BackupGrid ConnectionEV ChargingRenewable Energy StorageOther Applications

By End Use

CommercialResidentialIndustrial

Region Covered

North America, Asia-Pacific, Europe, Latin America, Middle East & Africa

Key Companies

B2U Storage Solutions, Inc. (U.S.), RePurpose Energy Inc. (U.S.), BeePlanet Factory SL (U.S.), ReJoule (U.S.), Cactos Oy (Finland), ECO STOR AS (Norway), Connected Energy Ltd. (U.K.), Smartville Inc. (U.S.), Lohum Cleantech Private Limited (India), and DB Bahnbau Gruppe GmbH (Germany)

Click Here To: Get Free Sample Pages Of This Report

Hot Industry Reports: Emerging Trends and Market Forecasts

Europe EV Charging Stations Market by Size, Share, Forecasts, & Trends Analysis-https://www.meticulousresearch.com/product/europe-electric-vehicle-charging-stations-market-5277

Li-ion Battery Recycling Market: Growth & Trends – https://www.meticulousresearch.com/product/li-ion-battery-recycling-market-5481

EV Charging Station Raw Materials Market by Size, Share, Forecasts, & Trends Analysis –https://www.meticulousresearch.com/product/ev-charging-station-raw-materials-market-5200

Probiotics Market by Size, Share, & Trends Analysis – https://www.meticulousresearch.com/product/probiotics-market-5113

Food Processing Equipment Market by Size, Share, Forecasts, & Trends Analysis – https://www.meticulousresearch.com/product/food-processing-equipment-market-5049

Sterilization Equipment Market: Size, Types, Growth & Trends – https://www.meticulousresearch.com/product/sterilization-equipment-market-5141

High-intensity Sweeteners Market by Size, Share, Forecasts, & Trends Analysis – https://www.meticulousresearch.com/product/high-intensity-sweeteners-market-5262

Industrial IoT Market Insights: Size, Share, & Forecast – https://www.meticulousresearch.com/product/industrial-iot-market-5102

IVD Reagents Market by Size, Share, Forecasts, & Trends Analysis- https://www.meticulousresearch.com/product/ivd-reagents-market-5110

Biofertilizers Market Forecast Size, Share & Trends Analysis – https://www.meticulousresearch.com/product/biofertilizers-market-5409

Electric Vehicle Charging Stations Market: Growth & Trends – https://www.meticulousresearch.com/product/electric-vehicle-charging-stations-market-5078

Antimicrobial Coatings Market Size, Share, Trends 2024- 2031 – https://www.meticulousresearch.com/product/antimicrobial-coatings-market-5077

Industrial Wastewater Treatment Market Size, Share, Report 2031 – https://www.meticulousresearch.com/product/industrial-wastewater-treatment-market-5170

IVD Contract Manufacturing Services Market by Size, Share, Forecasts, & Trends Analysis – https://www.meticulousresearch.com/product/ivd-contract-manufacturing-services-market-5226

Smart Factory Market Analysis: Forecast, and Share Insights – https://www.meticulousresearch.com/product/smart-factory-market-5365

Live Streaming Market by Size, Share, Forecasts, & Trends Analysis – https://www.meticulousresearch.com/product/live-streaming-market-5225

Livestock Diagnostics Market by Size, Share, Forecasts, & Trends Analysis – https://www.meticulousresearch.com/product/livestock-diagnostics-market-5085

Medical Carts & Workstations Market Trends & Forecast 2029 – https://www.meticulousresearch.com/product/medical-carts-workstations-market-4184

Medical Image Management Market Size, Share, Forecast, & Trends Analysis – https://www.meticulousresearch.com/product/medical-image-management-market-4761

Microalgae Market Trends: Size, Share, & Forecast Analysis – https://www.meticulousresearch.com/product/microalgae-market-5197

Contact:
Meticulous Market Research Pvt. Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research 
Meticulousblog.org | Top Market Research Reports Blog – https://meticulousblog.org/
Content Source: https://www.meticulousresearch.com/pressrelease/975/second-life-ev-batteries-market

Photo: https://mma.prnewswire.com/media/2497663/Second_life_EV_Batteries_Market.jpg
Logo: https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/second-life-ev-batteries-market-to-hit-28-17-billion-by-2031–driven-by-ev-demand-renewable-energy-adoption-and-environmental-impact-mitigation—exclusive-report-by-meticulous-research-302239740.html

SOURCE Meticulous Market Research Pvt. Ltd.

Related Topics:
Continue Reading

Technology

World Young Scientist Summit 2026 Opens in Wenzhou, Zhejiang

Published

46 minutes ago

on

October 24, 2026

By

WENZHOU, China, Oct. 24, 2026 /PRNewswire/ — This is a report by China Daily:

On October 24, the World Young Scientist Summit 2026 opened in Wenzhou, Zhejiang. The event is hosted by the China Association for Science and Technology (CAST), the Zhejiang Provincial People’s Government, and the World Association of Young Scientists. Nearly 800 representatives, including scientists, educators, and entrepreneurs from more than 60 countries and regions, are attending the summit.

He Junke, Vice President of CAST in charge of daily work and First Secretary of its Secretariat; Lian Yimin, Chairman and Party Group Secretary of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference; Marcelo Knobel, Executive Director of The World Academy of Sciences; and Zhang Zhenfeng, Member of the Standing Committee of the CPC Zhejiang Provincial Committee and Secretary of the CPC Wenzhou Municipal Committee, attended the summit and delivered remarks. Yao Gaoyuan, Vice Governor of the Zhejiang Provincial People’s Government, presided over the first segment of the plenary session.

With the theme “Gathering Talents Worldwide to Create a Better Future,” the summit’s annual agenda is “Global Youth Action in the AI Era: Building a Sustainable Future.” It aims to draw on the insights of young people around the world, deepen international sci-tech cooperation, and jointly address questions about young people, science, the world and the future.

Efim Zelmanov, Fields Medalist and Foreign Member of the Chinese Academy of Sciences; Chen Yunji, Deputy Director of the Institute of Computing Technology, CAS, and Director of the National Key Laboratory of Processor Chips; Mary Garson, President of the International Union of Pure and Applied Chemistry; and Lu Chaoyang, Member of the Standing Committee of CAST, Executive Dean of the Shanghai Institute of Advanced Study, University of Science and Technology of China, and Chairman of the Council of the World Association of Young Scientists, delivered keynote speeches respectively on education reform in the AI era, AI and processor chips, young women scientists’ participation in science, and quantum computing. They explored new opportunities for scientific research, talent cultivation, and international cooperation in the AI era.

This year’s summit placed greater emphasis on the growth needs of young scientists, with young talents under the age of 45 accounting for 88 percent of participants. It aimed to build a cluster of international journals, bring together young scientific talent, facilitate a batch of international collaborative projects and advance the application and commercialization of scientific and technological achievements. The summit released the Report on the Distribution and Mobility of Young Scientists in the Field of Embodied Intelligence, launched the World Young Scientist Summit Partner Journal Program and the 2026 World Young Scientist Innovation and Entrepreneurship Growth Support Program. It also published the “Young Scientist Pioneers 2035” list and announced the 2026 Sustainable Development Young Scientist Award. The awards were presented to four Chinese and foreign scientists.

Chen Tianrun, Founder of Hangzhou Moxin Technology Co., Ltd.; Yuan Yang, Assistant to the Dean of the Institute for Interdisciplinary Information Sciences at Tsinghua University; and two of the 2026 Sustainable Development Young Scientist Award winners, César de la Fuente and Nicola Segata, among other Chinese and foreign young scientist representatives, spoke at the flash-talk session to share their research practices and reflections.

In addition, the conference focused on fields such as future manufacturing, quantum information, embodied intelligence, brain-computer intelligence, environmental science, deep-sea resources, and life and health, and held 12 parallel forums. It also included the “Gravitation π” Future Technology and Concept Products Exhibition and Exchange, local thematic side events, and sci-tech and humanities study visits, further building an interdisciplinary, cross-regional and cross-sector platform for youth sci-tech exchange and cooperation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/world-young-scientist-summit-2026-opens-in-wenzhou-zhejiang-302918664.html

SOURCE China Daily

Continue Reading

Technology

The Ultimate Send-off to Summer: CSTS Debuts Global Entertainment IP PremierX at New York’s Pier 17, Ushering in a New Era of Live Entertainment

Published

3 hours ago

on

October 24, 2026

By

NEW YORK, Oct. 24, 2026 /PRNewswire/ — CSTS Enterprises (‘CSTS’), a New York-based sports, entertainment, integrated media and travel technology group, today announced the official launch of PremierXTM, its flagship live entertainment brand, with a landmark Halloween Weekend event “AFTER DARK” at The Rooftop at Pier 17 in New York on October 30, 2026.

Capping off Seaport’s 2026 Summer Season in unforgettable fashion, the grand finale brings a powerhouse lineup of stars to the PremierXTM stage at Pier 17, featuring Lil Xan, Armani White, DJ Soda, Nate Wyatt, and surprise A-list guest headliners. Set against the iconic Manhattan skyline, the landmark eventing unites chart-topping hip-hop and high-octane electronic music for a festival-grade experience as The Rooftop at Pier 17 transforms into the city’s premier live music destination.

Building on the momentum of the PremierXTM After Party for the 2026 World Cup Final that took place in New York on July 19th, “AFTER DARK” signals the official debut of PremierXTM, a proprietary, New York – born global entertainment IP created by CSTS to deliver defining cultural experiences at the intersection of music, sport, art and lifestyle. Centred on the power of cultural crossover, PremierXTM serves as an international bridge connecting East and West, modern innovation and timeless classical, while uniting world-class artists, creators, performers and audiences through the universal language of entertainment and premium live experiences.

The launch also marks the beginning of a promising relationship with Pier 17, providing a world-class stage for PremierXTM to accelerate its growth in the U.S. and engage international audiences over the long term. By combining PremierXTM’s global entertainment vision with Pier 17’s iconic waterfront setting, the partnership aims to create a premier destination for live experiences, empowering both platforms to expand their global reach, deepen audience engagement, and drive sustainable growth.

As a key pillar of CSTS’ integrated ecosystem spanning entertainment, sports, travel, integrated media and marketing solutions, PremierXTM further strengthens the Group’s ability to create high-impact experiences that connect audiences, destinations and brand partners. With the global live entertainment market projected to grow from approximately US$203 billion in 2025 to US$270 billion by 2030[1], PremierXTM is well-positioned to capitalize on the growing demand for premium, experience-led entertainment while creating long-term value to the Group through recurring audience engagement, tourism and brand partnerships.

“PremierX TM represents a significant milestone in CSTS’ evolution from a leading operator of global sports and hospitality platforms into a creator of world-class entertainment experiences,” said Abel Zhao, Group CEO and Executive Director at CSTS Enterprises. “The season finale at Pier17 marks the beginning of an exciting new chapter for CSTS as we expand our entertainment footprint and introduce a platform designed to deliver iconic live experiences and bring together artists and audiences from across the globe.”

“PremierXTM was built from the ground up as a bespoke platform to champion multicultural talent and visionary creative performers.” said Jason Liu, Regional Director of CSTS USA. “Starting from New York, we are building a scalable global brand that brings iconic live experiences to audiences worldwide while expanding our presence across key entertainment hubs in North America, Asia and Europe.”

Following its New York launch, PremierXTM plans to expand through a broader international rollout across North America, Asia and Europe, with future editions planned as part of a growing network of recurring live entertainment properties and flagship cultural events.

For ticket information on PremierXTM: “AFTER DARK”, visit
https://www.axs.com/events/1644912/after-dark-tickets

About CSTS Enterprises

CSTS Enterprises is an integrated media, entertainment, sports, and travel technology group. Headquartered in New York City, the company develops and partners with intellectual properties and brands to deliver compelling experiences that connect with audiences across the world. In addition to its own initiatives, including Generation CTM and PremierXTM, it collaborates with international IPs including FIFA World Cup, UEFA European Championship, and Formula 1.

CSTS integrates experiential marketing, travel, data, and technology to deliver seamless end-to-end audience experiences. The company engages consumers across physical events and digital channels, executing at scale worldwide, turning complex activations into co-ordinated, measurable outcomes.

[1] Source: Industry research by Markets and Markets, Live Entertainment Market Size, Share, Latest Trends & Growth Analysis, 2025-2030, Live Entertainment Market Size, Share, Latest Trends & Growth Analysis, 2025-2030.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-ultimate-send-off-to-summer-csts-debuts-global-entertainment-ip-premierx-at-new-yorks-pier-17-ushering-in-a-new-era-of-live-entertainment-302918645.html

SOURCE CSTS Enterprises

Continue Reading

Technology

Swanson Vitamins Launches Swanson Vitamins Nexus Pro to Champion Registered Dietitians and Licensed Nutritionists at Every Stage of Their Careers

Published

3 hours ago

on

October 24, 2026

By

New network for health and nutrition professionals offers CPEU-accredited continuing education, profession-wide promotion, practicum support and exam scholarships

FARGO, N.D., Oct. 24, 2026 /PRNewswire/ — Swanson Vitamins today launched Swanson Vitamins Nexus Pro, a network for health and nutrition professionals. The new initiative champions registered dietitians and licensed nutritionists through every stage of their careers, from students to providers with decades of experience. Created by nutrition professionals for nutrition professionals, Swanson Vitamins Nexus Pro offers educational resources, incentives and investments to support practitioners who share Swanson’s commitment to uncompromising integrity.

Swanson Vitamins Nexus Pro offers tailored resources for both practicing professionals and students. For practicing registered dietitians and licensed nutritionists, the program provides CPEU-accredited continuing education, along with profession-wide promotion of the experts who guide consumers’ wellness decisions. For dietetics and nutrition students, Swanson is investing in the next generation of the profession through practicum support and scholarships toward licensing or credentialing exam fees.

As consumers take a more active role in their health, they are increasingly turning to registered dietitians and licensed nutritionists for accurate, science-backed guidance. Through Swanson Vitamins Nexus Pro, Swanson aims to help nutrition professionals strengthen their credentials and build expertise in areas where consumers are seeking trusted nutritional support.

“Since 1969, we have been committed to uncompromising integrity in service of everyone’s journey to real wellness, and we believe real wellness starts with the experts who guide it,” said Erin Del Ponte, EVP Brand Marketing at Swanson Vitamins. “Registered dietitians and licensed nutritionists translate nutrition science into practical, personalized guidance that helps people make informed decisions about their health. With Swanson Vitamins Nexus Pro, we are proud to support these professionals at every stage of their careers, from students preparing for their credentialing exams to seasoned providers building expertise in the areas that matter most to consumers today.”

Swanson Nexus Pro program highlights

CPEU-accredited continuing education for registered dietitians and licensed nutritionistsProfession-wide promotion of registered dietitians and licensed nutritionistsPracticum support for dietetics and nutrition studentsScholarships to help offset licensing or credentialing exam fees

Applications for Swanson Vitamins Nexus Pro are open and can be submitted HERE. Additional details, including scholarship award amounts and practicum support details, will be announced in the coming weeks.

Swanson Vitamins Nexus Pro was introduced at the Food & Nutrition Conference & Expo, the Academy of Nutrition and Dietetics’ annual conference, held Oct. 24-27 in San Antonio. This initiative builds on Swanson’s longstanding commitment to the nutrition and dietetics community and reflects the company’s continued investment in the professionals who help consumers make informed choices on their journey to real wellness.

Media Assets
Photos HERE

About Swanson Vitamins
Since 1969, Swanson Vitamins has offered high-quality, science-backed vitamins and supplements rooted in one simple belief: proof over promise. Nearly six decades before “wellness” became an industry, Swanson was pioneering trustworthy supplement offerings and upholding uncompromising quality standards through intentional sourcing, rigorous in-house and third-party testing and Good Manufacturing Practices (GMP).

Today, Swanson is a Certified GMP Facility recognized by NSF, backed by an in-house team of nutritionists, dietitians, scientists, chemists and pharmacists with a combined 250-plus years of experience. With more than 1,300 products across 36 categories, Swanson doesn’t chase trends. It sets standards for integrity, quality and clarity in the supplement industry.

Swanson products are available at SwansonVitamins.com, Amazon and iHerb.com. Learn more at SwansonVitamins.com or follow @swansonvitamins on Instagram.

MEDIA CONTACT
Lauren Torrez, Crowe PR
ltorrez@crowepr.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/swanson-vitamins-launches-swanson-vitamins-nexus-pro-to-champion-registered-dietitians-and-licensed-nutritionists-at-every-stage-of-their-careers-302918428.html

SOURCE Swanson Vitamins

Continue Reading

Trending