China EVs: Great Wall, BYD launch expensive electric SUVs, bucking industry trend towards mass-market models

Great Wall Motor and BYD, two major carmakers in mainland China, have accelerated the development and production of expensive electric vehicles, aiming to carve out their own niches as competition in the market escalates. Great Wall, the mainland’s largest sport-utility vehicle (SUV) maker, officially launched the first plug-in hybrid model under its Tank brand on… Continue reading China EVs: Great Wall, BYD launch expensive electric SUVs, bucking industry trend towards mass-market models

Is Most-Watched Stock NIO Inc. (NIO) Worth Betting on Now?

NIO Inc. (NIO) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Over the past month, shares of this company have returned +26.1%, compared to the Zacks S&P 500 composite’s +4.2% change.… Continue reading Is Most-Watched Stock NIO Inc. (NIO) Worth Betting on Now?

Threatened by shortages, electric car makers race for supplies of lithium for batteries

BEIJING (AP) — Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile. General Motors Co. and the parent company of China’s BYD Auto Ltd. went straight to the source… Continue reading Threatened by shortages, electric car makers race for supplies of lithium for batteries

Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive

The global aircraft micro turbine engine market is expected to grow primarily due to the increasing concept of micro turbine for propulsion. The aftermarket sub-segment is expected to flourish immensely. The market in the Europe region is predicted to grow at a high CAGR by 2031. NEW YORK, June 27, 2023 /PRNewswire/ — Global Aircraft… Continue reading Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive

nShift: Returns cost retailers $600 billion a year

Real data around returned items can help reduce volumes LONDON, June 27, 2023 /PRNewswire/ — Returned items could be costing online retailers $642 billion (€602 billion) a year.[1] Securing more data about sent-back purchases could help ecommerce companies identify issues, solve problems and reduce returns volumes, says nShift, the global leader in parcel delivery management… Continue reading nShift: Returns cost retailers $600 billion a year

The most influential Youth Creative Award in the Chinese-speaking region was announced in Chengdu

CHENGDU, China, June 27, 2023 /PRNewswire/ — On June 19, the 2023 Times Young Creative Awards series activities co-sponsored by Chengdu Media Group and Want Want China Times Media Group and hosted by Chengdu New East Exhibition and Times Young Creative Awards Organizing Committee were held in Chengdu. At the event, the 32nd Times Young Creative Awards… Continue reading The most influential Youth Creative Award in the Chinese-speaking region was announced in Chengdu

Matthew Brown to become Shareholder and Advisor at Global Airlines on Future Investment Strategy

LONDON, June 27, 2023 /PRNewswire/ — Matthew Brown, a U.S. based investor in the aviation and renewable energy spaces, has today agreed to advise James Asquith, CEO of Global Airlines, as the airline prepares to launch transatlantic services in spring 2024 and considers further aircraft acquisitions. Brown has advised significant U.S. institutions on clean energy financing.… Continue reading Matthew Brown to become Shareholder and Advisor at Global Airlines on Future Investment Strategy

AlixPartners: As the global automotive market recovers more slowly than anticipated, China is rapidly emerging as an industry superpower

Chinese car manufacturers now lead the world in export volume as the traditional western car industry is running out of time to defend its historic domestic market share. LONDON, June 27, 2023 /PRNewswire/ — With supply chain bottlenecks and raw material shortages becoming a thing of the past, the global market for automobiles is growing… Continue reading AlixPartners: As the global automotive market recovers more slowly than anticipated, China is rapidly emerging as an industry superpower

COUNTRY MUSIC HALL OF FAME® AND MUSEUM TO OPEN NEW EXHIBITION, PATTY LOVELESS: NO TROUBLE WITH THE TRUTH

NASHVILLE, Tenn., June 28, 2023 /PRNewswire/ — The Country Music Hall of Fame® and Museum will explore the life and career of Country Music Hall of Fame member-elect Patty Loveless in a new exhibition, Patty Loveless: No Trouble with the Truth. The exhibit will trace Loveless’ story, from a musical prodigy to a Grammy award-winning… Continue reading COUNTRY MUSIC HALL OF FAME® AND MUSEUM TO OPEN NEW EXHIBITION, PATTY LOVELESS: NO TROUBLE WITH THE TRUTH

REGIONAL PARTNERSHIP SECURES $25 MILLION FEDERAL GRANT FOR MASSIVE INVESTMENT IN TRAIL NETWORK

Maryland-National Capital Park and Planning Commission’s (M-NCPPC) Prince George’s County Department of Parks & Recreation, Montgomery Parks and the District Department of Transportation receive $25 million to fix and build trails in underserved communities WASHINGTON, June 28, 2023 /PRNewswire/ — The U.S. Department of Transportation awarded a $25 million Rebuilding American Infrastructure with Sustainability and Equity… Continue reading REGIONAL PARTNERSHIP SECURES $25 MILLION FEDERAL GRANT FOR MASSIVE INVESTMENT IN TRAIL NETWORK