Tag: Electric battery

Assistive TechnologyBusiness

Alibaba’s Singles Day Kicks Off Strong Amid Nio Legal Woes and Asian Market Shifts

Alibaba’s Singles Day event reportedly saw 35 brands hit RMB 100 million in sales within an hour, while Nio shares dropped nearly 9% on a lawsuit from Singapore’s GIC. Asian equities strengthened as US-China tensions eased, with clean tech firms gaining on new EV infrastructure plans.

Alibaba’s Singles Day Begins with Record-Breaking Presales

Alibaba’s highly anticipated Singles’ Day shopping event kicked off with robust presales activity, according to reports. Sources indicate that within the first hour, 35 brands achieved sales exceeding RMB 100 million, with over 1,800 orders processed and active user numbers surpassing last year’s figures. The analysis notes cosmetics and sports apparel brands like Estée Lauder and Nike saw particularly strong demand, though Alibaba’s shares dipped slightly by 0.25% amid broader market caution.

by Natalie Brooks
BusinessGovernment

JPMorgan Announces $10 Billion National Security Investment Strategy

JPMorgan Chase will invest up to $10 billion directly in U.S. companies with critical national security ties. The Security and Resiliency Initiative targets supply chain resilience, defense technology, and strategic computing. Chairman Jamie Dimon emphasized reducing reliance on unreliable sources for essential materials.

In a major move strengthening American economic security, JPMorgan Chase has announced it will directly invest up to $10 billion in U.S. companies with crucial ties to national security. The landmark commitment, revealed Monday, represents one of the largest private sector investments specifically targeting the resilience of America’s critical infrastructure and strategic capabilities.

Strategic Investment Focus Areas

by Darren Holt
BusinessEnergy Policy

Tesla’s Affordable EVs Exceed $35K Price Point Amid Policy Challenges

Tesla’s newly launched standard Model 3 and Model Y start at $36,990 and $39,990 respectively, remaining above Elon Musk’s $35,000 target. Industry experts point to US trade policies, tariffs, and supply chain challenges as key factors preventing more affordable electric vehicle pricing.

Tesla’s newly announced “standard” Model 3 and Model Y electric vehicles continue to exceed the $35,000 price point that CEO Elon Musk previously targeted, with the vehicles starting at $36,990 and $39,990 respectively. Despite being $5,000-$5,500 cheaper than flagship versions, these models failed to excite investors as Tesla shares dropped approximately 4.4% following the announcement. The pricing challenges highlight broader issues within the electric vehicle industry and US policy landscape that continue to impact affordability.

US EV Policy Creates Supply Chain Headwinds

by Natalie Brooks
Assistive TechnologyComputer Hardware

Apple Watch Series 11 Delivers Full-Day Battery Life After Eleven Generations

The Apple Watch Series 11 marks a milestone with reliable all-day battery life, refined over eleven iterations. It offers enhanced durability, advanced health tracking, and seamless iPhone integration, making it a smart upgrade for Series 8 or older users.

The Apple Watch Series 11 has finally achieved what took eleven generations to perfect: consistent full-day battery life, solidifying its position as a top-tier smartwatch. This latest model embodies classic Apple iteration, featuring sturdier glass, extended stamina, smarter workout tracking, and cautious steps into preventative health. Retaining the core elements that define the lineup—powerful performance and seamless iPhone integration—it presents a compelling upgrade for users on a Series 8 or earlier, while emphasizing refinement over revolution in the competitive wearables market.

Key Improvements in Apple Watch Series 11

by Natalie Brooks