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High-Quality Charging Anywhere | Huawei Releases Top 10 Trends of Smart Charging Network 2024

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Huawei released the Top 10 Trends of Smart Charging Network 2024 on January 30, themed “High-Quality Charging Anywhere.” At the event, Wang Zhiwu, President of Huawei Smart Charging Network Domain, comprehensively interpreted these trends from technology and industry perspectives.
Wang Zhiwu highlighted that electric vehicles (EVs) have exceeded growth expectations over the past three years. In the next decade, the number of EVs on the road is expected to increase tenfold, with an eightfold increase in EV charging demand. As the immature charging network remains the primary pain point of the entire EV industry, building a high-quality charging network will accelerate the new electric vehicle (NEV) penetration and boost the local industry and ecosystem.
As the world accelerates toward mobility electrification and carbon neutrality, Huawei released the Top 10 Trends of Smart Charging Network 2024 based on in-depth insights and aspirations for high-quality charging anywhere together with partners in the industry.
Trend 1: High-Quality Development
The industry collectively strives for high-quality development of charging networks through unified planning and design, unified technical standards, unified government supervision, and unified O&M for users.
Trend 2: Comprehensive Ultra-fast Charging
With the maturity of third-generation power semiconductors and high-C-rate traction batteries that use materials such as silicon carbide and gallium nitride, EVs are steering toward the high-voltage ultra-fast charging domain. It is predicted that high-voltage ultra-fast charging vehicle models will account for more than 60% of the total vehicle models in 2028.
Trend 3: Optimal Experience
With NEVs rapidly gaining popularity, passenger vehicle owners replace commercial vehicle owners as the main users, and therefore the mainstream charging preference shifts from low cost to optimal experience.
Trend 4: Security and Trustworthiness
With the continuous penetration of NEVs, the industry’s data volume explosion poses great challenges in ensuring electrical safety and cybersecurity. A secure and trustworthy charging network features no privacy leakage, no electric shock, no fire accident, and no service breakdown.
Trend 5: Vehicle-Grid Interaction
As the grid is facing greater randomness in power generation and consumption, the charging network will play a vital role in a renewables-dominated power system. Along with the growth path of business models and technologies, the vehicle-grid interaction will go through three key phases: one-way coordination, one-way response, and two-way interaction.
Trend 6: Power Pooling
The charging facilities are shifting from the integrated charger architecture to the power pooling architecture to meet the charging power requirements of different vehicle models at different SOC levels. In addition, intelligent scheduling meets the charging requirements of all vehicle models and contributes to improving grid power utilization, reducing site construction costs, and supporting the long-term evolution of vehicles.
Trend 7: Fully Liquid-Cooled Charging
Fully liquid-cooled charging facilities, in comparison to air-cooled or semi-liquid-cooled ones, boast a lower annual failure rate of less than 5‰, a lifespan of over 10 years, and adaptability to various environments, slashing O&M costs.
Trend 8: DC Power Normal Charging
The future campuses with integrated parking and charging, the small-power DC charging solution will be more popular and applied on a large scale. Compared with traditional AC chargers, the DC charging solution will achieve optimal charging, higher grid power utilization, and long-term evolution to V2G interaction.
Trend 9: Campus Microgrid
Future campuses are likely to integrate PV systems, ESSs, chargers, loads, vehicles, and cloud systems through unified cloud-based management to achieve higher economic benefits from electricity and grid friendliness.
Trend 10: All Intelligence
The lack of an advanced digital charging network has led to isolated management of the networks, stations, devices, and vehicles. This will change as these isolated parties are integrated into an intelligent charging network to facilitate vehicle-charger collaboration, vehicle-grid interaction, and digital O&M.
We stand at the forefront of a promising industry, ready to embrace a future filled with immense opportunities. Huawei will continue to increase R&D and technical investments to build smart charging network solutions that are favored by vehicle owners, trusted by operators, and friendly to the grid. Huawei will also work with partners such as automakers and operators to build an ecosystem, and provide high-quality charging anywhere for vehicle owners to travel at will.
The post High-Quality Charging Anywhere | Huawei Releases Top 10 Trends of Smart Charging Network 2024 appeared first on HIPTHER Alerts.

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60% of finance professionals plan to leave the sector as they advise Gen-Z to look for job opportunities elsewhere

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Medius research has found 60% of financial professionals are looking for a new job outside of the sector, as employees say the profession hasn’t kept pace with changing expectations. When asked if finance professionals would recommend a job in the sector to Generation-Z (those born between 1996 and 2010), 60% of respondents said they wouldn’t recommend it to the younger generation. The reason why? According to those in the sector, other fields now offer better compensation (53%), they’ve experienced high levels of burnout and poor work-life balance (53%), and a career in finance offers less security and stability than in previous years (38%).
Administrative responsibilities and repetitive tasks are two issues which are blighting the profession. 87% of finance pros say they are responsible for replying to vendor emails, taking up 8 hours per week. Additionally, 92% are responsible for approving invoices, with most saying they approve 13 invoices per day.
The new findings released today by fintech, Medius, paint a worrying picture for business leaders in terms of both talent recruitment and retention.
Paul Ellis, UK MD, Medius says: “The new findings released today highlight a concerning trend for finance professionals, with many considering employment options in other sectors. Our data also found that only 25% recommend a job in finance to Gen-Z. Burnout, poor work-life balance, and better opportunities elsewhere are all driving this trend.”
Zeeshan Malik, an ex-finance professional says: “Having first hand experience in the finance sector’s highly bureaucratic environment, these findings deeply resonate with me. Although the work was important, it involved repetitive and mundane tasks, unfortunately for which the compensation was subpar. The relentless pressure and overwhelming hours often left me and my colleagues struggling to maintain a work-life balance, leading to severe burnout. My decision to leave finance was driven by the pursuit of a healthier, more fulfilling life. The industry must adapt to modern workplace expectations and undergo significant changes to retain its talent and appeal to the next generation, or it risks losing young professionals like myself.”
As financial professionals leave the sector, businesses are left worryingly vulnerable to fraud. 44% of finance professionals say their finance team alone is responsible for protecting the business against fraud, while 44% report invoice fraud as the most common type of fraud their business faces.
Furthermore, the survey found that businesses dealt with approximately 13 cases of invoice fraud each year, and when asked to quantify the financial loss to their business, financial professionals estimated it came to an average of £104,000 in the UK and $93,000 in the US.
A professional exodus also leaves businesses vulnerable to compliance issues and reduced operational efficiency. For instance, 33% of invoices require manual intervention despite current automation efforts, and 19% of finance professionals are unable to close their books on time, with the principal issue being paying supplier invoices.
However, it’s not all doom and gloom. As HR functions and operations address recruitment and retention for finance professionals, positives can also be found in the use of technology. As AI and automation is implemented across businesses, 54% say they have more time for innovative strategies, and 93% are satisfied with their organization’s adoption of AI.
For more information on finance teams and to read the full Financial Census report visit https://www.medius.com/financial-census/.
The post 60% of finance professionals plan to leave the sector as they advise Gen-Z to look for job opportunities elsewhere appeared first on HIPTHER Alerts.

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Bybit Web3 and Ignition Join Forces to Bridge the Gap Between Bitcoin and Ethereum

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Bybit, the world’s second-largest web3 platform by trading volume, breaks down barriers between Bitcoin and the Ethereum Virtual Machine (EVM) ecosystems with its partnership of Ignition. Supported by core contributors Mantle and Antalpha Prime, Ignition is paving the way for a low-friction and interoperable future. It extends Bitcoin’s functionality beyond its traditional role as a store of value and transforms it into a reliable asset for cross-chain integrations and diverse yield opportunities.
Bybit Web3 Wallet will support FBTC, an omnichain Bitcoin asset pegged 1:1 to BTC, introduced by Ignition. This strategic collaboration empowers users to unlock the full potential of Bitcoin within the thriving EVM ecosystem, reflecting Bybit Web3’s philosophy of openness, simplicity, and equality.
“We are thrilled to partner with Ignition, which aligns with Bybit’s mission to provide users with innovative and seamless DeFi solutions. By integrating Ignition and FBTC, we are not only enhancing liquidity and interoperability but also paving the way for a more inclusive and dynamic crypto ecosystem,” added MK Chin, Bybit Web3 Evangelist.
FBTC: Bridging the Divide between Bitcoin and non-Bitcoin Ecosystems in Web3
Introduced by Ignition, FBTC is an omnichain Bitcoin asset pegged 1:1 to BTC aimed at elevating Bitcoin’s accessibility and utility. As a secure, decentralized, and composable liquid Bitcoin asset with deep liquidity, $FBTC can be used at scale and easily integrated into various yield enhancement strategies like liquidity pooling, collateral, and staking.
Under Ignition, $FBTC’s growth will be driven by a comprehensive roadmap and strong developer support, ensuring its long-term success and sustainable growth.
Bybit Web3: A Partnership for Enhanced DeFi and User Opportunities
Bybit is at the forefront of adopting the Ignition ecosystem, reinforcing Bybit’s commitment to pioneering innovative solutions for the crypto community. Bybit Web3 users will now have access to a multitude of products and opportunities within the burgeoning Ignition space.
This integration unlocks a range of benefits for users:

Enhanced Liquidity: FBTC opens the door to increased liquidity, allowing users to trade and invest in Bitcoin with greater ease within the EVM ecosystem.
Diverse Yield Opportunities: Users can explore a variety of attractive yield-generating strategies with FBTC, maximizing the earning potential of their Bitcoin holdings.
Seamless Interoperability: FBTC bridges the gap between various blockchain networks, ensuring users can move their assets freely and efficiently.

Coming Soon: Swap and Staking on FBTC
Bybit Web3 users can look forward to using their Bybit Web3 Wallet to swap and stake on FBTC in the later half of July. For more information, please visit: https://www.bybit.com/en/web3/home
#Bybit / #TheCryptoArk / #BybitWeb3
The post Bybit Web3 and Ignition Join Forces to Bridge the Gap Between Bitcoin and Ethereum appeared first on HIPTHER Alerts.

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“Salvează o inimă” Association innovates fundraising campaigns by integrating AI into its workflow

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“Salvează o inimă” Association launches an innovative project that integrates artificial intelligence technologies to support and streamline fundraising campaigns for children with extremely serious medical conditions. The project aims to address the need to provide prompt and efficient assistance to families who need to urgently pay for expensive and complex surgery and medical treatments, without which the lives of the patients would be put at risk.
The NGO uses artificial intelligence to optimize fundraising processes by maximizing the impact of each donation. The “Salvează o inimă” Association has developed an app that integrates directly with banks, through so-called bank APIs. Thus, those who choose to help a sick child and donate directly from the app receive instant transaction confirmations by email or SMS. Using real-time updated data, the new system creates personalized thank you messages using ChatGPT, improving the relationship with donors.
“Artificial intelligence helps us make a real-time analysis of the situation in order to make rapid adjustments to the fundraising strategy, but it also allows us to offer donors information about the efficiency of the campaigns they have contributed to,” Vlad Plăcintă, president of the “Salvează o inimă” Association said.
This way, the entire fundraising process is transparent, verifiable and, above all, secure. The algorithms used by artificial intelligence analyze transaction patterns to identify unusual or potentially fraudulent activities, immediately alerting the relevant staff.
“Integrating artificial intelligence into our fundraising activities is an essential step to ensure that every child gets a chance at a healthy life. With the help of technology, we are more efficient, more transparent and we can mobilize the community in an unprecedented way,” Vlad Plăcintă, president of the “Salvează o inimă” Association added.
The project is supported by trusted partners, including technology companies from the insurance or health sectors. The “Salvează o inimă” Association is a non-profit organization dedicated to supporting children with serious medical conditions through fundraising campaigns. Its mission is to offer children and their families the chance at life-saving medical treatments and to raise awareness of these critical illnesses.
The post “Salvează o inimă” Association innovates fundraising campaigns by integrating AI into its workflow appeared first on HIPTHER Alerts.

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