The Rise of EVs in China: A Game-Changer Chinese electric vehicle (EV) stocks, including major players like NIO Inc, Li Auto Inc, XPeng Inc, and ZEEKR, are on an upward trajectory following promising forecasts. Reports suggest that by 2025, China will experience a landmark shift where electric vehicle sales will surpass those of traditional cars for the first time. This shift will see China outpace regions like Europe, the U.S., and Japan in the EV sector. Impressive Growth Projections Analysts from prominent investment banks and research groups predict that China could sell over 12 million electric cars in 2025, a significant leap from the 5.9 million sold in 2022. In stark contrast, sales of traditional combustion engine vehicles are expected to diminish to below 11 million by 2025, down from 14.8 million previously. Factors Fueling the Boom China’s rapid advancements in EV technology, combined with its robust capacity to secure critical supply chain materials such as lithium and cobalt, stand at the forefront of this transformation. Moreover, the country’s manufacturing prowess has successfully made EVs a financially viable option for many consumers. According to industry experts, China’s ambitious target of making EVs comprise 50% of car sales by 2035 may be reached a decade earlier than planned. Challenges remain, including increasing competition and a looming price war, but China’s dominance in the EV market shows little sign of waning. Market Reactions On Thursday, stock prices of leading Chinese EV companies surged: NIO climbed 2.06% to $4.715, Li Auto rose 3.86%, XPeng increased 3.12%, and ZEEKR saw an 8.48% boost. China’s strategic plans for substantial economic stimulus and investment in advanced sectors underscore their commitment to bolstering domestic consumption and ensuring sustained progress in the EV landscape. Why China is Poised to Lead the Global Electric Vehicle Revolution As the global market races towards electrification, China is emerging as a dominant force in the electric vehicle (EV) sector. With its keen focus on technological advancement and robust manufacturing capabilities, China is on track to change the game in how the world perceives and uses electric vehicles. China’s rapid ascent in the EV market can be attributed to several strategic initiatives and innovations. The nation has heavily invested in developing its domestic infrastructure, including charging stations, to support EV proliferation. Additionally, government subsidies and incentives have played a pivotal role in driving demand and reducing costs for consumers. China’s focus on environmental policies further propels its EV agenda, addressing both air pollution and climate change. China’s agility in securing pivotal resources like lithium and cobalt, essential for EV batteries, places it at the forefront of the EV supply chain. This prowess not only ensures a steady production stream but also grants China the ability to influence global battery prices. By producing affordable and high-quality EVs, Chinese companies have made significant inroads in expanding their market share beyond domestic borders. The emphasis on security and compatibility within the EV industry in China is notable. Companies are implementing cutting-edge technologies to ensure vehicle safety, from enhanced battery management systems to advanced autopilot features. Furthermore, Chinese EVs are increasingly compatible with international standards, facilitating smoother exports and integration in foreign markets. Sustainability remains a central theme in China’s EV strategy. By investing in renewable energy sources for manufacturing and promoting eco-friendly vehicle designs, China is setting a precedent for sustainable industrial practices. This focus not only aligns with global green initiatives but also enhances the appeal of Chinese EVs among environmentally conscious consumers. Looking to the future, China’s EV market is expected to continue its rapid growth trajectory. Analysts predict that by 2030, China could account for as much as 50% of the global EV market. This growth is bolstered by strategic partnerships and developments in autonomous driving technology. Innovative companies are exploring new business models, such as battery swapping technologies and subscription-based vehicle services, to cater to evolving consumer preferences. This approach not only increases accessibility but also enhances user experience, positioning China as a global leader in the EV revolution. To learn more about China’s advancements in electric vehicles and related technologies, visit NIo , Li Auto , XPeng , and ZEEKR .
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Malcolm In the Middle's Frankie Muniz details hair loss battle and how finding the solution got him 'back into racing'President-elect Donald Trump reignited the debate over Daylight Saving Time, claiming it was an unnecessary burden to the nation. On his Truth Social platform, Trump shared a post that his administration is committed to working on the issue. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t!” Trump wrote. “Daylight Saving Time is inconvenient, and very costly to our Nation.” What Is Daylight Saving Time? DST is moving clocks forward by one hour during warmer months to provide more evening daylight. It usually starts in March and ends in November. The proponents argue that it saves energy and increases productivity, but the critics point out health risks, disrupted schedules, and minimal energy savings. Political Push To Abolish DST Trump’s comments are part of a larger push to reassess DST. His ally, Elon Musk, has also called for an end to the practice. In recent years, lawmakers have moved to make DST permanent, indicating increasing dissatisfaction with the twice-yearly time shifts. In 2018, Florida passed the “Sunshine Protection Act,” which aimed to keep DST year-round. California voters also approved Proposition 7 to explore permanent DST, but federal approval is the roadblock for these measures. Earlier Legislative Attempts In 2018, Senators Marco Rubio and Rick Scott introduced the Sunshine Protection Bill, which would abolish clock changes across the United States. Washington state acted similarly in 2019, passing legislation to adopt permanent DST, which also awaits federal clearance. ALSO READ | AI Kingpins Back Trump! After Meta, Amazon, Sam Altman-Led OpenAI To Donate $1 Million To Inaugural Fund
( MENAFN - Gulf Times) The Arab League Council has condemned Israeli incursion into the buffer zone with Syria, and the areas adjacent to it in Mount Hermon, Quneitra Governorate, and Rif Dimashq. In its extraordinary session at the level of permanent delegates, the Council indicated that the Israeli incursion is a violation of the disengagement agreement concluded between Syria and Israel in 1974, stressing that the agreement remains in effect in accordance with Security Council resolution No 350 issued in the same year, and therefore that agreement is not to be affected by the Political change currently taking place in Syria. Qatar's delegation to the session was headed by ambassador to Egypt and its Permanent Representative to the Arab League, Tariq Ali Faraj al-Ansari. The council also condemned the ongoing Israeli raids on a number of Syrian civilian and military sites, stressing that the Golan Heights is Syrian Arab land and will remain so forever. It called on the international community to oblige Israel, as the occupying power, to comply with the relevant international legitimacy resolutions, especially Security Council Resolution No 497 of 1981, which calls on Israel to withdraw from the occupied Syrian Golan. The council tasked the Arab Group in New York to move to hold a special session in the Security Council to discuss the Israeli practices that threaten international peace and security, including the recent incursion of Syrian lands that Israel has seized since Dec 8. The extraordinary session of the Council was held with the aim of formulating a unified Arab position regarding the Israeli army's seizure of additional lands in the occupied Syrian Golan. MENAFN13122024000067011011ID1108992053 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Microsoft AI Program to Upskill ANZ Bridging Skill Gap, Boost Economy
Cooper Rush passed for two touchdowns, Dallas returned two kicks for scores and the visiting Cowboys held off the Washington Commanders in a wild fourth quarter for a 34-26 win. Dallas led 10-9 after three quarters. With Washington trailing 27-26, Jayden Daniels hit Terry McLaurin for an 86-yard touchdown pass with 21 seconds left, but Austin Seibert missed his second extra point of the game. Juanyeh Thomas of the Cowboys then returned the onside kick 43 yards for a touchdown. Rush completed 24 of 32 passes for 247 yards for Dallas (4-7), which snapped a five-game losing streak. Rico Dowdle ran 19 times for 86 yards and CeeDee Lamb had 10 catches for 67 yards. Jayden Daniels was 25-of-38 passing for 274 yards, two touchdowns and two interceptions for reeling Washington (7-5), which has lost three straight. He ran for 74 yards and one score. McLaurin had five catches for 102 yards. Trailing 20-9 late in the fourth quarter, Daniels drove Washington 69 yards in nine plays and hit Zach Ertz for a 4-yard touchdown. Daniels ran for two points and Washington trailed 20-17 with 3:02 remaining. KaVontae Turpin muffed the ensuing kickoff, picked it up at the one, and raced 99 yards for a touchdown to make it 27-17. Austin Seibert's 51-yard field goal pulled the Commanders within 27-20 with 1:40 left, With the score tied 3-3, Washington took the second half kick and went 60 yards in 10 plays. On third-and-three from the Dallas 17, Daniels faked a handoff, ran left and scored his first rushing touchdown since Week 4. Seibert missed the point after and Washington led 9-3. Dallas answered with an 80-yard drive. A 23-yard pass interference penalty gave the Cowboys a first-and-goal at the 4. Two plays later Rush found Jalen Tolbert in the end zone and the extra point made it 10-9. Brandon Aubrey's 48-yard field goal made it 13-9 with 8:11 remaining in the game. On the next play, Daniels hit John Bates for 14 yards, but Donovan Wilson forced a fumble and Dallas recovered at the Washington 44. Five plays later, Rush found Luke Schoonmaker down the middle for a 22-yard touchdown and Dallas led 20-9 with 5:16 left. The first quarter was all about field goals. Aubrey's field goal attempt was blocked on the opening drive and Michael Davis returned it to the Dallas 40. Washington later settled for Seibert's 41-yard field goal. On the next Dallas drive, Aubrey hit the right upright from 42 yards out, and then Seibert missed from 51 yards. With 14 seconds left in the half, Rush found Jalen Brooks for a 41-yard gain to the Washington 28. On the next play Aubrey connected from 46 yards to tie it. --Field Level MediaInsanely modular Toyota truck camping system adapts to all adventures
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CHATHAM, N.J. (AP) — That buzzing coming out of New Jersey? It's unclear if it's drones or something else, but for sure the nighttime sightings are producing tons of talk, a raft of conspiracy theories and craned necks looking skyward. Cropping up on local news and social media sites around Thanksgiving, the saga of the drones reported over New Jersey has reached incredible heights. This week seems to have begun a new, higher-profile chapter: Lawmakers are demanding (but so far not getting) explanations from federal and state authorities about what's behind them. Gov. Phil Murphy wrote to President Joe Biden asking for answers. New Jersey's new senator, Andy Kim, spent Thursday night on a drone hunt in rural northern New Jersey, and posted about it on X. But perhaps the most fantastic development is the dizzying proliferation of conspiracies — none of which has been confirmed or suggested by federal and state officials who say they're looking into what's happening. It has become shorthand to refer to the flying machines as drones, but there are questions about whether what people are seeing are unmanned aircraft or something else. Some theorize the drones came from an Iranian mothership. Others think they are the Secret Service making sure President-elect Donald Trump’s Bedminster property is secure. Others worry about China. The deep state. And on. In the face of uncertainty, people have done what they do in 2024: Create a social media group. The Facebook page, New Jersey Mystery Drones — let’s solve it , has nearly 44,000 members, up from 39,000 late Thursday. People are posting their photo and video sightings, and the online commenters take it from there. One video shows a whitish light flying in a darkened sky, and one commenter concludes it’s otherworldly. “Straight up orbs,” the person says. Others weigh in to say it’s a plane or maybe a satellite. Another group called for hunting the drones literally, shooting them down like turkeys. (Do not shoot at anything in the sky, experts warn.) Trisha Bushey, 48, of Lebanon Township, New Jersey, lives near Round Valley Reservoir where there have been numerous sightings. She said she first posted photos online last month wondering what the objects were and became convinced they were drones when she saw how they moved and when her son showed her on a flight tracking site that no planes were around. Now she's glued to the Mystery Drones page, she said. “I find myself — instead of Christmas shopping or cleaning my house — checking it,” she said. She doesn't buy what the governor said, that the drones aren't a risk to public safety. Murphy told Biden on Friday that residents need answers. The federal Homeland Security Department and FBI also said in a joint statement they have no evidence that the sightings pose “a national security or public safety threat or have a foreign nexus.” “How can you say it’s not posing a threat if you don’t know what it is?” she said. “I think that’s why so many people are uneasy.” Then there's the notion that people could misunderstand what they're seeing. William Austin is the president of Warren County Community College, which has a drone technology degree program, and is coincidentally located in one of the sighting hotspots. Austin says he has looked at videos of purported drones and that airplanes are being misidentified as drones. He cited an optical effect called parallax, which is the apparent shift of an object when viewed from different perspectives. Austin encouraged people to download flight and drone tracker apps so they can better understand what they're looking at. Nonetheless, people continue to come up with their own theories. “It represents the United States of America in 2024,” Austin said. “We’ve lost trust in our institutions, and we need it.” Federal officials echo Austin's view that many of the sightings are piloted aircraft such as planes and helicopters being mistaken for drones, according to lawmakers and Murphy. That's not really convincing for many, though, who are homing in on the sightings beyond just New Jersey and the East Coast, where others have reported seeing the objects. For Seph Divine, 34, another member of the drone hunting group who lives in Eugene, Oregon, it feels as if it’s up to citizen sleuths to solve the mystery. He said he tries to be a voice of reason, encouraging people to fact check their information, while also asking probing questions. “My main goal is I don’t want people to be caught up in the hysteria and I also want people to not just ignore it at the same time,” he said. “Whether or not it’s foreign military or some secret access program or something otherworldly, whatever it is, all I’m saying is it’s alarming that this is happening so suddenly and so consistently for hours at a time,” he added. Golden reported form Seattle.Noah Gray caught two TD passes as the Chiefs (10-1) bounced back from last week’s 30-21 loss at Buffalo and won at the buzzer yet again in a season of narrow escapes. DeAndre Hopkins also had a touchdown catch for the two-time defending Super Bowl champions, who scored on their first five possessions. Bryce Young finished 21 of 35 for 262 yards and a touchdown for the Panthers (3-8), who had their two-game winning streak snapped. David Moore had six receptions for 80 yards and a touchdown. Trailing 27-19, Young completed a fourth-down pass to Adam Thielen to move the chains, then went deep for the veteran receiver, who drew a pass-interference penalty on Chamarri Conner. That set up a 1-yard touchdown run by Chuba Hubbard. Young's initial 2-point conversion toss to Moore drew a flag on Trent McDuffie, and Hubbard ran for 2 on the next play to tie the game with 1:46 left. Mahomes ran for 33 yards on the ensuing drive and was sprung by a downfield block from Justin Watson to reach field goal range. Then he connected with Kareem Hunt for 10 yards to make it a chip shot for Shrader. Mahomes finished with 60 yards rushing. The Chiefs wasted no time setting the tone as Samaje Perine returned the opening kickoff 56 yards and Mahomes found Gray for a 35-yard touchdown strike on the third play of scrimmage for a 7-0 lead. Gray went nine games without a TD catch before hauling in two last week against Buffalo. His 11-yard score late in the second quarter gave him two more against the Panthers . The Panthers moved the ball well but struggled in the red zone, resulting in field goals of 30, 32, 29 and 33 yards for Eddy Pineiro, the most accurate kicker in NFL history. Running back Jonathan Brooks made his NFL debut for Carolina, but was limited to 7 yards on two carries. Eight of the Chiefs' wins have come by a one-score margin, and this was their second straight victory decided on the last play. They beat Denver two weeks ago by blocking a would-be game-winning field goal. Kansas City's Travis Kelce had six catches for 62 yards and moved into third place in career yards receiving by a tight end. He ranks behind only Tony Gonzalez and Jason Witten. However, Kelce failed to find the end zone for the ninth time in 11 games this season. Panthers: Rookie TE Ja'Tavion Sanders was taken to the hospital with a neck injury after landing awkwardly on his head after making a catch near the end of the second quarter. Chiefs: Host Las Vegas on Friday. Panthers: Host Tampa Bay next Sunday. AP NFL: https://apnews.com/hub/NFL