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Climate Change

Daikin chases 'rival' Tesla with new tech, driven by green pressure

Air conditioner giant taps magnetic cooling, while also planning EV refrigerant

A rendering of the Tengah smart city in Singapore under construction. Daikin won the order for a centralized air conditioning system. (Photo courtesy of Daikin)

OSAKA -- As global warming drives demand for energy efficiency, Daikin Industries eyes a transformative green technology to remain the world's top air conditioner maker by sales as well as a new refrigerant to let the Japanese company enter the electric vehicle market.

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