DAILY INNOVATION BRIEF by Maryanne Kane, Journalist

 DAILY INNOVATION BRIEF

                                                                      

                 By Journalists Edward Kane & Maryanne Kane 

TOYOTA'S BIG BREAKTHROUGH ON E-BATTERIES

                                                        Source:  Toyota

• Toyota reports that it has achieved a "technological breakthrough" in electric car batteries
• The Japanese automaker says the breakthrough will cut in half the cost, size and weight of e-car batteries and has the potential to significantly increase range
• The breakthrough is in Toyota's solid state battery technology, which is much lighter and less expensive to make than current lithium-ion batteries
• According to Toyota, the new battery can deliver:

1. 20% range improvement for its e-cars in cruise mode
2. Full recharge in less than 10 minutes
3. Deployment in Toyota new cars in 2027

• Toyota says the breakthrough is from inexpensive lithium iron sulfate replacing current battery acid called liquid electrolyte
• Toyota has also promised a battery EV within 3 years with a cruising range of 1000 km or 621 miles.

COULD THREAD BE A THREAT FOR TWITTER?

Source:  Stock & Apple App Store

• Facebook, parent company META and founder Mark Zuckerberg are launching a competitor to Elon Musk's Twitter officially tomorrow
• Called Threads, it's a microblogging app that's designed to knock out Musk's Twitter before the cage fight between Musk and Zuckerberg ever begins
• Threads appeared in the Apple App Store over the weekend
• Here's why Threads poses a threat to Twitter and similar apps:

1. Comes from one of the world's biggest social media platforms
2. Instagram (META owned) influencers can automatically post to their established followers on Threads without starting from scratch as a new member has to on Mastodon and Bluesky
3. There's a built-in potential user base as some Twitter users are looking for a change of venue because of their dislike of some changes on Twitter since Musk bought it
4. Success for Zuckerberg is not that difficult: if 18% of Instagram users convert to Threads, Threads will be as big as Twitter

• The competition between Threads and Twitter is likely to be much more interesting than the upcoming cage fight between Elon and Zuck.

MG's EXTREMELY AERODYNAMIC EX4

                                                                     Source:  MG

• At the UK's mid-July Goodwood Festival of Speed, iconic British automaker MG will unveil its extremely aerodynamic electric, hyper hatch, EX4 concept
• The race car inspired exterior includes very wide front and rear fenders, massive rear wing and a huge spoiler
• EX4 celebrates the 40th anniversary of MG's legendary Metro 6R4 rally car of the 1980's
• Key details on EX4:

1. Dual electric motor powertrain
2. 429 hp and 443 lb-ft of torque
3. 0 to 62 mph in 3.8 seconds

• Automotive experts say the new MG concept harkens back to the UK brand's historic racing heritage.

"Daily Innovation Brief" © By Edward Kane