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VIVATECH 2024: PEUGEOT designs the future of driving pleasure with Hypersquare

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PEUGEOT

PEUGEOT aims to reinvent the sustainable mobility of tomorrow by placing pleasure and emotion at the heart of the customer experience

AMSTERDAM, The Netherlands, May 30, 2024/APO Group/ — 

PEUGEOT (www.PEUGEOT.com), a major player in technological innovation, electrifies VivaTech with its bold concept car INCEPTION, ushering in a new era of electric mobility. On its stand, PEUGEOT presents its vision of the future embodied by the revolutionary Hypersquare steering control– the innovation that redefines the driving experience of tomorrow.

ALLURE: The French public can discover the INCEPTION concept car for the first time.

EMOTION: The Hypersquare steering control radically transforms the driving experience and pleasure.

EXCELLENCE: PEUGEOT is a leader in technological innovation in Europe.

Building on over 200 years of innovation experience, PEUGEOT aims to reinvent the sustainable mobility of tomorrow by placing pleasure and emotion at the heart of the customer experience.

VivaTech 2024, will see PEUGEOT representatives present the brand’s innovation strategy. Sessions will take place four times, daily on the PEUGEOT stand, at 10:30 AM, 12:00 PM, 2:30 PM, and 4:00 PM.

  • Wednesday, May 22: Phil York, Marketing and Communication Director.
  • Thursday, May 23: Jérôme Micheron, Product Director.
  • Friday, May 24: Matthias Hossann, Design Director.

Register for one of the sessions offered via the link: http://apo-opa.co/3VimKy2

PEUGEOT innovation is about technological creativity connected to reality, meeting the real needs of customers and enhancing the joy of driving. At VivaTech 2024, PEUGEOT presents its vision of the car of tomorrow with the INCEPTION concept car and its revolutionary Hypersquare steering control that aims to reinvent the driving experience.

PEUGEOT INCEPTION CONCEPT: THE ELECTRIC MOBILITY OF TOMORROW

The PEUGEOT INCEPTION CONCEPT is the expression of PEUGEOT’s optimistic vision for the sustainable mobility of tomorrow. Unveiled at CES in Las Vegas, it will be presented to the French public for the first time at VivaTech 2024.

Featuring a new design language that exalts its feline and attractive attitude, its revolutionary interior design, and its promise of unprecedented driving sensations, the PEUGEOT INCEPTION CONCEPT opens a new era and heralds the future electric vehicles of the brand.

The PEUGEOT INCEPTION CONCEPT reinterprets the brand’s genes, entering a new era of design. It is simpler and purer, with finishes and textures worthy of the digital world. This new design oscillates between sensual lines and athletic curves, more geometric and sharp.

The 100% electric PEUGEOT INCEPTION CONCEPT is equipped with 800 V technology. Its 100 kWh battery allows it to travel 800 km on a single charge.

The INCEPTION Concept’s interior showcases an array of new techniques that PEUGEOT will deploy to deliver on the STELLANTIS commitment to reduce its carbon footprint by more than 50% by 2030 compared to 2021, becoming fully Carbon Net Zero by 2038:

  • Forged textiles: 100% polyester fabric offcuts from the design centre’s prototyping workshops or suppliers are reused and thermo-compressed under vacuum, with the injection of a binder in the form of a resourced resin. This extremely hard and durable material can be transformed into structural or trim pieces.
  • The fusion of velvet and 3D printing: The upholstery of the seats and floor is made with a very special 100% recycled polyester velvet, which extends onto the floor, printed with 3D patterns to serve as a floor mat.
  • Air Quilting® padding: The comfort of the seats is enhanced by the presence of real adjustable mattresses at the shoulder level. This electro- welded, single-material upholstery, which is easy to recycle, is made from inflatable pockets recovered from conventional seats.

THE ICONIC PEUGEOT i-COCKPIT® REINVENTED WITH HYPERSQUARE

With over 12 million models equipped in the past 12 years, the PEUGEOT i- Cockpit® is emblematic of PEUGEOT’s innovation in customer service and driving pleasure, as evidenced by the spectacular latest generation of the Panoramic i-Cockpit® introduced in the new PEUGEOT E-3008 and E-5008.

The PEUGEOT INCEPTION Concept heralds the next generation of i- Cockpit®, with a completely rethought architecture that replaces the traditional steering wheel and stalks with the Hypersquare steering control, inspired by both digital and video game worlds.

The Hypersquare creates a new natural gesture, simpler and more intuitive. With either a simple click or touch of the fingertips, without removing their hands from the steering control, the driver can manage all the vehicle’s parameters. The Hypersquare is brought to live thanks to steer-by-wire technology making driving more instinctive and simpler.

The Hypersquare steering control is combined with a flexible display that broadcasts driving or infotainment information around 360 degrees. This HALO CLUSTER, with its circular screen, provides information to the driver and passengers as they approach the car. This external communication reinforces the concept of sharing and a new vision for the automobile.

The Hypersquare with digital electric controls consists of a screen featuring circular cells at each of its four corners, which have multiple functions:

  • The entirely natural and universal grip of the steering control.
  • The comfort of fingertip driving.
  • The activation of vehicle controls by simple thumb impulses.The driver discovers a gesture similar to that of daily smartphone use. This intuitive aspect leads to a higher level of safety.

The centre of the Hypersquare consists of a tablet like screen dedicated to displaying control information. The various functionalities (air conditioning, radio volume, driving aids, etc.) are displayed on the two side parts to facilitate access to the chosen command. This command is located inside the circular cells and is accessible by moving only the thumb without releasing the steering

control. For even greater driving comfort, the surround of the Hypersquare is made using 3D printing, while at the centre, the digital glass screen gives a high-tech and upscale appearance.

PEUGEOT Hypersquare and the next generation of i-Cockpit®, set to revolutionise the emotion and pleasure of driving, is set to be featured in the brand’s upcoming vehicles, by 2026.

DATA AND CONNECTED SERVICES WITH MOBILISIGHTS

At its stand at VivaTech 2024, PEUGEOT welcomes Mobilisights. The Stellantis Business Unit, specialising in Data as a Service (DaaS), provides access to telemetry data from connected PEUGEOT vehicles and other brands of the group.

The data collected by Mobilisights enables the personalisation of the driver’s experience through innovative services and applications from a third- party partner ecosystem, with the aim of improving the daily life of drivers, always and only with their consent.

For instance, Mobilisights data can be used to develop intuitive applications for electric vehicle owners that simplify charging, allow precise tracking of its cost, while enhancing the user experience.

“REMOTE DRIVING” WITH VAY

PEUGEOT also welcomes its partner, the scale-up Vay to its stand at VivaTech 2024, where PEUGEOT is exploring the potential applications of “remote driving.”

“Remote driving” refers to the remote control and operation of a vehicle. This technology allows for the efficient management of multiple vehicles with just one driver located remotely, using cellular connectivity and sensors such as cameras integrated into the vehicles.

At VivaTech 2024, PEUGEOT presents a “telestation” at its stand that enables Vay’s highly qualified and certified “teledrivers” to drive remotely by operating the steering, braking, and acceleration of the vehicle. The telestation provides a real-time view of the vehicle’s surroundings, ensuring a fully immersive and responsive control.

This technology enables increased efficiency of delivery operations, ‘click- a-button, get-a- car’ services for carsharing and car rental, and enables private cars owners to have their vehicle moved remotely when and where needed.

Distributed by APO Group on behalf of Peugeot.

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SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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October 9, 2026

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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October 9, 2026

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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3 days ago

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October 9, 2026

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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