Smart rings, robot dogs, bendable phones

Mobile World Congress 2024, the world’s biggest mobile trade show, had a lot of future-looking tech on display. Arjun Kharpal | CNBC The Mobile World Congress, the world’s largest mobile show, is a place where device makers show off some of their latest innovations. And there was quite a lot on display in Barcelona, Spain, … Read more

Xiaomi bets on new EV SU7; targets potential 20 million premium users

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market. “We … Read more

Tesla now has a clear China EV competitor. What’s next for BYD?

If there’s anything about BYD ‘s past that could predict its future, it’s being slow and steady. The nearly 30-year-old company may have beat Tesla in total car production in 2023 , but it still only has one tenth the market value. Last year, Tesla’s shares roughly doubled in price. BYD’s rose by about 10%. … Read more

China’s Xpeng claims its latest EV model could be an industry ‘game changer’

Chinese electric vehicle company Xpeng told CNBC on Friday that its newly launched X9 model could be a “game changer” for the industry. Xpeng launched the X9 large 7-seater EV on Jan. 1, a car built on its SEPA2.0 architecture for the Chinese market. The X9 series are priced between 359,800 yuan to 419,800 yuan (about $50,360 … Read more

Will the S&P end 2023 on a record high?

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

CNBC Daily Open: For the S&P, the last mile’s the longest

The S&P 500’s tantalizingly close to an all-time high. The index added 0.04% yesterday to close at 4,783.35, just about 10 points away from its record close. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is … Read more

China’s Xiaomi unveils first EV in bid to compete with Porsche, Tesla

Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan. CNBC | Evelyn Cheng BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete with automaker giants Tesla and Porsche with a car model it says it spent more … Read more