U.S. Economy Continues to Surpass Growth Expectations; European Outlook is Tepid

IPC Issues July Economic Outlook Report Despite numerous risks – higher interest rates, tight monetary policy, persistent core inflation — the U.S. economy continues to surpass expectations this year. The narrative is a bit cloudier in Europe. While inflation remains high, the underlying economy appears weaker which will cause the European Central Bank to move […]

EV Battery Market Holds Steady, Slight Downtrend in Lithium Salt Prices, Says TrendForce

In July, EV battery prices in China demonstrated stability, with lithium salt prices registering a marginal decline. The prices of EV square ternary cells, LFP cells, and pouch ternary power cells in July remained relatively consistent with the prior month, positioned at CNY 0.73/Wh, 0.65/Wh, and 0.78/Wh, respectively. This trend comes amid relatively muted demand […]

Up Close: Sebastian Schaal, Founder & Managing Director, Luminovo

EMSNOW speaks with Sebastian Schaal, Founder and Managing Director of Luminovo about a new customer portal they developed to allow greater collaboration between EMS companies and their customers.  Based on their work with EMS companies during the initial stages of the customer engagement, they designed their user interface to be very intuitive and useful for […]