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Detroit Partners with it’s electric to Bring the First Building-Powered Curbside EV Charging to the Motor City

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First validated through the Detroit Smart Parking Lab in 2022, it’s electric kicks-off curbside where they first started, with plans to expand to 25 locations throughout 2025

DETROIT, May 1, 2025 /PRNewswire/ — it’s electric, a Brooklyn-born electric vehicle (EV) curbside charging company, proudly announces the official ribbon-cutting ceremony for its groundbreaking Detroit deployment. This initiative, launched in collaboration with the Detroit Smart Parking Lab, Bedrock, Michigan’s Office of Future Mobility, Michigan Central, Newlab, and DTE Energy, marks significant progress in exemplifying Detroit’s commitment to innovative transportation solutions.

“Today marks a major milestone for Detroit and the future of transportation within cities,” said Nathan King, CEO of it’s electric. “Detroit’s first is not its last, and represents what’s possible when new ways of addressing infrastructure barriers for EV charging are implemented. It’s quite meaningful to cut today’s ribbon, as it was in Detroit, with the support of so many interested partners, that we first prototyped and received our earliest funding. We’re thrilled to stand here today to look into the future together.”

“The Office of Mobility Innovation was created to help the City of Detroit navigate today’s rapidly changing transportation and mobility industries — and this project is a great example of the innovation we aim to foster,” said Tim Slusser, Chief of the Office of Mobility Innovation. “But OMI did not do it alone. We were supported by our colleagues, Detroit City Council, the Mayor’s Office, and numerous other stakeholders across Michigan who came together to make this project possible. I’m proud of the collaboration and dedication that led to installing our first curbside chargers, and I’m excited to see the chargers that it’s electric and others will bring to Detroit because of the foundation we’ve built.”

“The Detroit Smart Parking Lab was designed to provide startups the space to test, prove and scale their ideas—and it’s electric is a strong example of what this platform can unlock,” said Bedrock’s Senior Director of Urban Strategy & Innovation, Kevin Mull. “it’s electric is a great addition to DSPL’s list of graduates as it deploys its technology right outside its doors. At Bedrock, we see infrastructure like this as essential to building cities that are both sustainable and future-facing.”

The first tranche of deployments, supported by grants from DTE Energy’s Emerging Tech Fund, the Michigan Office of Future Mobility, Electrification’s Michigan Mobility Funding Platform, and Michigan Central’s Scale Fund, introduces it’s electric’s unique approach to EV charging infrastructure. First validated by the Detroit Smart Parking Lab, an open innovation platform for real-world testing of connected mobility & EV charging solutions, in 2022, it’s electric chargers feature small-footprint, design-centered Level-2 charging posts installed at no cost to property owners or the city. The initial public curbside installations will be located at Detroit Smart Parking Lab (1701 W Lafayette Blvd.), with more community-requested locations expected across the City in 2025. Key to it’s electric community model is the ability to deploy chargers in neighborhoods where residents want to see this infrastructure, and where the need is the greatest.

“it’s electric’s contributions to Michigan’s mobility ecosystem are a shining example of how the state’s proactive approach to supporting innovative startups is positively impacting the accessibility of EV charging,” said Justine Johnson, MEDC’s Chief Mobility Officer of the State of Michigan. “From incubating at the Detroit Smart Parking Lab (DSPL) to becoming the city’s first curbside charger located just outside the DSPL, Detroit is demonstrating how innovation hubs such as the DSPL can foster public-private collaborations to deliver tomorrow’s transportation infrastructure for Michigan residents, property owners, and businesses, today.”

it’s electric Charging Stations are small, sleek-by-design curbside chargers and the only US detachable charging cable model available. Through partnerships with cities, it’s electric manages the installation, operation, and maintenance of chargers at no cost to municipalities or building owners. This provides drivers with easy and affordable charging options while offering property owners (the buildings they install in front of) monthly passive income. This behind-the-meter connection also bypasses the utility, adding no additional stress to the electrical grid, and allows for much faster installation.

“Today is a great day for the city of Detroit as we celebrate what will ultimately be the installation of more than 20 public Electric Vehicle chargers,” said Neal Foley, Director, Electric Marketing for DTE Energy. “DTE is proud to have been a partner on this exciting project through our Emerging Technology Fund, which was launched three years ago to help EV innovators across the state and country find new solutions to make electric vehicles more affordable and accessible. As an Emerging Tech Fund recipient, it’s electric is bringing their innovative, curbside chargers to Detroit, which will benefit all Michiganders who live, work, and visit the Motor City. We are thrilled that the vision is becoming a reality.”

“Born in Brooklyn, but raised in Detroit, it’s electric has been one of the first startups to span this unique mobility innovation corridor,” said Katie Soven, Managing Director of Newlab Detroit. “Through the expansive network and resources from Newlab’s hubs in Brooklyn and Detroit, as well as the robust support from Michigan Central and the State of Michigan to advance and scale early-stage companies seeking to solve the most pressing challenges facing humanity, today’s ribbon cutting is the perfect next chapter. With it’s electric at its center, we are building a rich technology ecosystem together.”

Building owners and drivers who want to see a charger on their block can join the it’s electric waitlist. Download the it’s electric app to request a detachable charging cable at no cost.

About it’s electric
Millions of drivers lack home or private garages and cannot transition to electric vehicles due to the lack of on-street charging. it’s electric accelerates the adoption of EVs with its scalable and simple curbside charging solution, ensuring that every community has access to clean, sustainable transportation options. Building owners and drivers who want to see a charger on their block (in Boston and beyond) can express interest by joining it’s electric’s waitlist https://www.itselectric.us/get-started

To learn more about it’s electric, please visit https://www.itselectric.us.

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DEKRA Korea to Acquire Global Product Service, Strengthening Consumer Electronics Testing and Certification Capabilities in Korea

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15 minutes ago

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April 20, 2026

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GIMHAE-SI, South Korea, April 20, 2026 /PRNewswire/ — DEKRA, a leading global provider of testing, inspection, and certification services, today announced it has signed a definitive agreement to acquire Global Product Service Co., Ltd (GPS), a prominent South Korean company renowned for its expertise in consumer electronics product testing and certification.

This strategic acquisition will significantly enhance DEKRA Korea’s capabilities within the rapidly growing consumer electronics sector, bringing together DEKRA’s global network and comprehensive service portfolio with GPS’s deep-rooted local knowledge and decades of experience serving South Korea’s leading manufacturers.

GPS has established a strong reputation for its in-depth technical expertise and unwavering commitment to quality, particularly within the consumer electronics market. For many years, GPS has been a trusted partner to major South Korean electronics companies, providing testing and certification services that ensure product safety, performance, and compliance with international standards.

The successful acquisition is a result of the strong collaboration and commitment from both DEKRA and GPS. Key representatives who participated in the signing, embodying this collaboration, were Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region; Ming Sheng, Vice President of Automotive Testing, DEKRA China; Young Seok Lee, CEO of Global Product Service Co., Ltd; and Seong Su Kim, Director of Global Product Service Co., Ltd.

“We are thrilled to welcome Global Product Service Co., Ltd to the DEKRA family,” said Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region. “This acquisition represents a significant milestone in our growth strategy in South Korea. GPS’s deep understanding of the local market, combined with their specialized expertise in consumer electronics, perfectly complements DEKRA’s global strengths. Together, we will offer unparalleled testing and certification solutions to our clients, empowering them to bring innovative and reliable products to market with greater speed and confidence.”

The integration of GPS into DEKRA Korea will leverage synergies in technology, talent, and market reach. This will enable DEKRA to further support South Korean manufacturers as they navigate complex global regulatory landscapes and strive for excellence in product development and quality assurance. Clients can expect a seamless transition and continued access to the high-quality services they have come to rely on from both organizations.

Young Seok Lee, CEO of Global Product Service Co., Ltd commented, “Joining forces with DEKRA is an exciting opportunity for GPS. DEKRA’s global reach and extensive resources will allow us to expand our service offerings and better serve our existing and future clients. We are confident that this partnership will create significant value for the South Korean consumer electronics industry, providing enhanced support and innovation.”

About DEKRA

For more than 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA generated revenue of 4.3 billion euros. Around 48,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dekra-korea-to-acquire-global-product-service-strengthening-consumer-electronics-testing-and-certification-capabilities-in-korea-302746801.html

SOURCE DEKRA Asia Pacific

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BLUETTI Showcases Integrated PAYGO Energy Solution at Canton Fair, Expanding Partnership Opportunities in Africa

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15 minutes ago

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April 20, 2026

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GUANGZHOU, China, April 20, 2026 /PRNewswire/ — From April 15-19, 2026, at the 139th Canton Fair, clean energy innovator BLUETTI presented an integrated Pay-As-You-Go (PAYGO) solution that combines digital distribution tools with off-grid energy products, as the company expands its presence in emerging markets, particularly across Africa.

The solution brings together BLUETTI’s proprietary BLUETTI GO platform and a range of PAYGO-enabled solar home systems, reflecting a broader shift in the industry from standalone hardware sales to more structured distribution and financing models.

PAYGO has gained traction in regions where upfront costs remain a key barrier to energy access. By enabling installment-based payments and remote device management, the model allows consumers to access electricity services with lower initial investment, while offering distributors greater visibility into repayment and asset performance.

BLUETTI GO serves as a centralized platform for distributors, integrating sales tracking, inventory control, credit profiling, payment overdue tracking, risk monitoring, and operational analysis. These features are designed to help partners operate more efficiently and support long-term business planning in PAYGO-driven markets.

The company’s product lineup includes entry-level solar home systems such as the P80(battery capacity 76.8Wh), to African Star (battery capacity 1728Wh), designed for basic electricity needs, as well as the higher-capacity Home Star (battery capacity 2kWh-5kWh) series for off-grid household energy storage. These systems can be deployed independently or bundled with appliances such as televisions, fans, and lighting equipment.

As demand for decentralized energy solutions grows across Africa, supported by both public and private investment in renewable infrastructure, PAYGO models are playing a larger role in bridging the gap between energy access and affordability. 

Driven by product breakthroughs and innovative business practices, BLUETTI has been enlarging its footprint in the region in recent years. The company operates across more than 40 African countries, supported by local teams and pilot programs, including a Nigerian initiative launched in 2020 that has expanded into a network of branded retail outlets.

About BLUETTI

Founded in 2013, BLUETTI is a leading global provider of energy storage solutions, specializing in home solar batteries, portable power stations, and solar generators. Through initiatives like the LAAF (Lighting Africa Affordable Financing program), BLUETTI aims to power 1 million African families in off-grid areas. Today, it serves over 3.5 million users in 140+ countries and regions. Learn more: https://bluetti.com/

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View original content:https://www.prnewswire.co.uk/news-releases/bluetti-showcases-integrated-paygo-energy-solution-at-canton-fair-expanding-partnership-opportunities-in-africa-302746811.html

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Moomoo Pioneers the Era of Agentic Investing with Launch of Moomoo API Skills

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15 minutes ago

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April 20, 2026

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The first AI-powered API Skills that turn trading ideas into execution — no coding required

KUALA LUMPUR, Malaysia and SINGAPORE, April 15, 2026 /PRNewswire/ — Moomoo today announced the launch of Moomoo API Skills, its AI-powered capability that enables investors to execute sophisticated trading strategies using natural language — marking a major leap in making institutional-grade tools accessible to all.

This breakthrough positions Moomoo at the forefront of a new era of investing, where anyone with an idea can turn it into action — without writing a single line of code.

A First-of-Its-Kind Breakthrough in Investor Accessibility

For years, advanced trading capabilities such as algorithmic strategies, real-time automation, and multi-market data access have long been limited to professional traders.

Moomoo API Skills removes this barrier.

Investors can now describe their strategy in plain language, from technical signals to execution conditions, and have it translated into live or simulated trades instantly.

“This is the first time Wall Street-level trading capability is made truly accessible through everyday language,” said Robin Xu, Group Senior Partner & Senior Vice President, Futu Holdings. “We are not just simplifying trading tools — we are redefining who gets to use them.”

From Tools to Trading Assistants

Moomoo API Skills introduces a new paradigm of agentic investing, where AI acts as an execution partner rather than a passive tool.

Instead of navigating complex systems, investors can:

Describe their strategyLet AI translate it into execution logicMonitor and respond to markets in real time

This effectively creates an always on trading assistant, enabling faster and more structured decision making.

Institutional Capabilities Made Accessible

Built on Moomoo’s Open API ecosystem, the capability provides:

Zero code strategy executionGlobal market access across US, Singapore, Hong Kong SAR, Japan, and moreReal time monitoring and automated triggers

At the same time, Moomoo maintains strong control and security through its local-first architecture powered by Moomoo OpenD, where:

Data remains on the user’s local environmentExecution requires user confirmationExposure to third party risks is reduced

Closing the Execution Gap

Today’s investors are not short of information, but often face challenges in executing consistently and efficiently. Moomoo API Skills is designed to close this gap by simplifying how strategies are expressed and carried through. It also strengthens Moomoo’s ecosystem, including Moo Academy, MooveNetwork and the Option Playbook, enabling a seamless journey from learning to execution.

“The challenge today is no longer access to information, but the ability to act on it effectively,” said Xu.
“Moomoo API Skills helps investors translate intent into structured action while keeping them fully in control.”

Pioneering the Next Phase of Investing

The launch reflects a broader shift in investing, from tool based platforms to intent driven systems. With Moomoo API Skills, investors can define what they want to achieve, while intelligent systems handle how it is executed. This creates a more direct and structured path from idea to action, allowing investors to focus on strategy rather than operational complexity.

“We believe the next phase of investing is agentic — where investors define their intent and intelligent systems help carry out strategies. With Moomoo API Skills, investors can turn their ideas into structured strategies that can be tested and executed seamlessly within a single environment. Our focus is on enabling this in a way that enhances decision-making while keeping investors fully in control, bringing a more intuitive and accessible approach to strategy-driven investing,” said Xu.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, Moomoo is trusted by more than 29 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit Moomoo’s official website at www.moomoo.com

Disclaimers

The contents herein do not constitute an offer, solicitation or recommendation to invest in any capital market products. Investors should understand the risks involved in relation to the products and services, conduct their own risk assessment and seek professional advice, where necessary. Investors should compare and consider the fee, charges and costs involved. Past performance is not indicative of future performance.

This document has not been reviewed by the Securities Commission Malaysia. Please refer to the Advertisement Disclaimer on our website.

Investments in capital market products involve risk. Full disclaimers at www.moomoo.com/sg/support/topic5_510. This advertisement has not been reviewed by the Monetary Authority of Singapore.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/moomoo-pioneers-the-era-of-agentic-investing-with-launch-of-moomoo-api-skills-302746815.html

SOURCE Moomoo

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