Lexus Teams Up with China's RoboSense for LiDAR in Electric ModelsLexus plans to incorporate products from RoboSense, China's largest LiDAR company, into several of its electric vehicles.
Tesla Stock Tumbles as Robo-Taxi Debut Pushed to OctoberTesla's Robotaxi launch, initially scheduled for August 8, has been postponed to October. As a result, Tesla's stock price dropped by 8.44%.
Gold Prices on a Roller Coaster Ride in the Midst of Middle East StrifeDespite Iran’s unprecedented attack on Israel last weekend, gold prices dipped below last week’s peak. As the Middle East conflict entered a dangerous new phase, gold prices rose by 1.2% on the 15th (local time) but lost most gains. Gold prices broke through $2400 per ounce on Friday but ended the trading day in a […]
EV Sales Suge Globally, US Market Sees Significant GrowthBloomberg NEF reported that in the fourth quarter of 2023, 4.4 million electric vehicles (BEV+PHEV) were sold globally, marking a 40% increase from the previous year and totaling 13.7 million units. This constitutes 18% of the total number of passenger cars sold worldwide. In the US, approximately 1.3 million battery electric vehicles were sold last […]
China's Economy on the Rise, According to Goldman Sachs and Morgan StanleyGoldman Sachs and Morgan Stanley have upgraded their growth forecasts for China this year. According to Bloomberg on the 11th, Goldman Sachs predicted in a recent report that the Chinese economy would have grown at an annual rate of 7.5% in the first quarter compared to the previous quarter. The earlier estimate was 5.6%. Goldman […]
U.S. EV Market Brand Loyalty is Highest for Tesla at 87%It was investigated that brand loyalty for Tesla remains high in the U.S. market. According to a survey by Bloomberg Intelligence, Tesla boasted the highest brand retention rate at 87%, followed by Lexus at 68%, Toyota at 54%, Ford at 53%, Honda at 51%, Nissan at 49%, BMW at 44%, Subaru at 42%, Jeep at […]
Gold Hits All-Time High as Investors Bet on US Interest Rate ReductionExpectations of an impending interest rate cut by the U.S. Federal Reserve and continued gold demand from China have pushed the international gold price to an all-time high on the 1st. According to Bloomberg, international gold prices rose 1.6% from last Thursday’s close to record an all-time high of $2,265.73 per ounce. Analysts believe that […]
Apple's iPhone Shipments to China Drop 33% in FebruaryIn February, shipments of Apple’s iPhone to China fell by more than 30% compared to last year. This marked a struggle for Apple in the Chinese market as shipments decreased for two consecutive months. Bloomberg quoted statistics from the China Academy of Information and Communications Technology (CAICT) on the 26th that iPhone shipments to China […]
Apple's Vision Pro Set to Release in China Within This YearTim Cook hints at Vision Pro launch in ChinaCan it overcome Apple’s sluggish sales? Apple appears set to launch its virtual reality device, ‘Vision Pro,’ in China sometime this year. On the 25th (local time), CNBC reported that Tim Cook, Apple’s CEO, confirmed in a video from China’s state-run CCTV that the Vision Pro would […]
China's Electric Vehicle Boom Fuels Investment Interest in Battery SectorDespite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Biden Administration Mulls Blacklisting Chinese Semiconductor FirmsBloomberg reported on the 8th (local time) that the U.S. Joe Biden administration is considering additional sanctions against six Chinese semiconductor companies, including Changxin Memory Technologies (CXMT), a major Chinese DRAM semiconductor company. Bloomberg reports that the Bureau of Industry and Security (BIS) under the U.S. Department of Commerce is considering adding CXMT to the […]
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Lexus Teams Up with China's RoboSense for LiDAR in Electric Models Lexus plans to incorporate products from RoboSense, China's largest LiDAR company, into several of its electric vehicles.
Tesla Stock Tumbles as Robo-Taxi Debut Pushed to October Tesla's Robotaxi launch, initially scheduled for August 8, has been postponed to October. As a result, Tesla's stock price dropped by 8.44%.
Gold Prices on a Roller Coaster Ride in the Midst of Middle East Strife Despite Iran’s unprecedented attack on Israel last weekend, gold prices dipped below last week’s peak. As the Middle East conflict entered a dangerous new phase, gold prices rose by 1.2% on the 15th (local time) but lost most gains. Gold prices broke through $2400 per ounce on Friday but ended the trading day in a […]
EV Sales Suge Globally, US Market Sees Significant Growth Bloomberg NEF reported that in the fourth quarter of 2023, 4.4 million electric vehicles (BEV+PHEV) were sold globally, marking a 40% increase from the previous year and totaling 13.7 million units. This constitutes 18% of the total number of passenger cars sold worldwide. In the US, approximately 1.3 million battery electric vehicles were sold last […]
China's Economy on the Rise, According to Goldman Sachs and Morgan Stanley Goldman Sachs and Morgan Stanley have upgraded their growth forecasts for China this year. According to Bloomberg on the 11th, Goldman Sachs predicted in a recent report that the Chinese economy would have grown at an annual rate of 7.5% in the first quarter compared to the previous quarter. The earlier estimate was 5.6%. Goldman […]
U.S. EV Market Brand Loyalty is Highest for Tesla at 87% It was investigated that brand loyalty for Tesla remains high in the U.S. market. According to a survey by Bloomberg Intelligence, Tesla boasted the highest brand retention rate at 87%, followed by Lexus at 68%, Toyota at 54%, Ford at 53%, Honda at 51%, Nissan at 49%, BMW at 44%, Subaru at 42%, Jeep at […]
Gold Hits All-Time High as Investors Bet on US Interest Rate Reduction Expectations of an impending interest rate cut by the U.S. Federal Reserve and continued gold demand from China have pushed the international gold price to an all-time high on the 1st. According to Bloomberg, international gold prices rose 1.6% from last Thursday’s close to record an all-time high of $2,265.73 per ounce. Analysts believe that […]
Apple's iPhone Shipments to China Drop 33% in February In February, shipments of Apple’s iPhone to China fell by more than 30% compared to last year. This marked a struggle for Apple in the Chinese market as shipments decreased for two consecutive months. Bloomberg quoted statistics from the China Academy of Information and Communications Technology (CAICT) on the 26th that iPhone shipments to China […]
Apple's Vision Pro Set to Release in China Within This Year Tim Cook hints at Vision Pro launch in ChinaCan it overcome Apple’s sluggish sales? Apple appears set to launch its virtual reality device, ‘Vision Pro,’ in China sometime this year. On the 25th (local time), CNBC reported that Tim Cook, Apple’s CEO, confirmed in a video from China’s state-run CCTV that the Vision Pro would […]
China's Electric Vehicle Boom Fuels Investment Interest in Battery Sector Despite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Biden Administration Mulls Blacklisting Chinese Semiconductor Firms Bloomberg reported on the 8th (local time) that the U.S. Joe Biden administration is considering additional sanctions against six Chinese semiconductor companies, including Changxin Memory Technologies (CXMT), a major Chinese DRAM semiconductor company. Bloomberg reports that the Bureau of Industry and Security (BIS) under the U.S. Department of Commerce is considering adding CXMT to the […]
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