Tag Archives: Auto

BEIJING, China, Aug. 01, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 8,589 Li ONEs in July 2021, crossing the 8,000-vehicle milestone for the first time while hitting a new record. The deliveries were up 11.4% month over month and 251.3% year over year, a remarkable rate of growth. As of July 31, 2021, total deliveries in 2021 reached 38,743, bringing… Source link

Google is offering Android app developers a lowered Google Play commission rate if they agree to add deeper integration for Google platforms like WearOS and Android Auto in their apps. Like Apple’s App Store, Google charges a 30% commission fee for transactions in the Google Play Store. While it has already announced one program to reduce the fee for some developers, it has introduced a second that could make the change more permanent for larger apps. Called the Play Media Experience… Source link

Bloomberg Alibaba Vows to Hike Spending After First Loss in Years (Bloomberg) — Alibaba Group Holding Ltd. forecast better-than-expected revenue and pledged to invest in new growth arenas, signaling its intention to move past a Chinese antitrust probe that triggered its first loss in nine years.Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss — its first since 2012 — after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by… Source link

Google has been fined just over €100 million (~$123M) by Italy’s antitrust watchdog for abuse of a dominant market position. The case relates to Android Auto, a modified version of Google’s mobile OS intended for in-car use, and specifically to how Google restricted access to the platform to an electric car charging app, called JuicePass, made by energy company Enel X Italia. Android Auto lets motorists directly access a selection of relevant apps (like maps and music streaming… Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

As you could imagine, the CEO of legendary aftermarket auto parts maker Holley, Tom Tomlinson, has one heck of a garage at home. “I recently completed a 1973 Camaro — it looks like a 1973 Camaro on the outside, but everything underneath the skin is a modern supercar,” Tomlinson told told Yahoo Finance Live. Tomlinson, dabbles in building restomods, owns a Tesla Model 3 Performance and the 707 horsepower Jeep Trackhawk. This writer isn’t keen on being the bearer of bad news to a fellow car… Source link

Wednesday, February 17, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe How a global chip shortage is disrupting multiple industries — and how to fix it The pandemic has created a global semiconductor shortage that’s disrupted industries ranging from cars to consumer electronics. The easy fix, you’d think, is for manufacturers to… Source link

TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 7% A number of factors are coming together in the market picture, and indicate a possible change in conditions in the mid-term. These include increases in commodity prices, specifically, oil prices, which have rallied recently. In addition, the January jobs numbers, released earlier this month, were disappointing at best – and grim, at worst. They, do, however, increase the chance that President Biden and the Democratic Congress… Source link

DEARBORN, Mich. and SUNNYVALE, Calif., Feb. 1, 2021 /PRNewswire/ — Ford and Google today announced a unique strategic partnership to accelerate Ford’s transformation and reinvent the connected vehicle experience. Ford has also named Google Cloud its preferred cloud provider to leverage Google’s world-class expertise in data, artificial intelligence (AI), and machine learning (ML). As part of this new, six-year partnership—and beginning in 2023—millions of future Ford and Lincoln… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link