Top 5 Rock-Solid Dividend Stocks With High-Yield

Dividend stocks are not as volatile as growth stocks, making them suitable for almost any investor! These top dividend stocks from time-tested businesses offer high yields along with massive growth potential!

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

Your 2024 Election Money Blueprint

Electric cars and digital connectivity dominate at Beijing auto show

KEN MORITSUGU
April 25, 2024

BEIJING (AP) -- Global automakers and EV startups unveiled new models and concept cars at China's largest auto show on Thursday, with a focus on the nation's transformation into a major market and production base for digitally connected, new-energy vehicles.

Toyota and Nissan both announced tie-ups with major Chinese technology companies as they strive to meet customer demand for AI-enabled online connectivity in cars, from social media apps to autonomous driving features.

Electric vehicles accounted for about a quarter of all auto sales in China last year. Hybrids, which have trailed EVs, are expected to be a growing segment going forward.

China's largest EV maker, BYD, showed off two "dual-mode" plug-in cars that can run either solely on electricity or as hybrids. The other is a hybrid off-road SUV from its luxury Yangwang brand in the 1 million yuan-plus ($140,000) range.

"China's EVs, represented by (BYD's) Qin and Han series, have successfully realized the large-scale replacement of traditional fuel cars, and this trend is irreversible," said Lu Tian, the head of sales for BYD's Dynasty models. The cars are named after former imperial dynasties.

An executive from Chery, a more traditional Chinese maker, offered a more moderate perspective. Li Xueyong, a deputy general manager, said they envision a future of 40% fuel vehicles, 30% hybrids and 30% electric. The company plans to develop both fuel-powered and new-energy cars.

BYD has been expanding rapidly into overseas markets, launching its low-priced Dolphin Mini, sold as the Seagull in China, in Latin American markets this year.

It's building a factory in Brazil on the site of a former Ford plant that closed when the U.S. maker left the country. Two other Chinese automakers including Chery already have factories in Brazil.

BYD accounted for 41% of EV sales in Brazil in the first three months of this year, though the overall number is still relatively low.

In Mexico, Chinese vehicles went from about 2.6% of the market in 2021 to 19.2% in the first quarter of this year. Most of those were gasoline-powered vehicles, as there are few charging stations and the cost of electricity makes it expensive to do so at home.

Chinese makers are making inroads in Europe too, raising concern in some countries that they pose a potential threat to European automakers and jobs. The EU is weighing whether to impose tariffs on China-made EVs because of government subsidies that drove the industry's growth.

A proliferation of EV makers, encouraged by tax breaks as well as green-energy subsides, has prompted a fierce price war that is expected to lead to a shakeout and consolidation of the industry in the coming years.

For foreign players aside from American EV maker Tesla, it has challenged them to accelerate the development of new electric car models to stay competitive in the world's largest auto market.

"No other region of the world has a transformation of the automotive industry that is as fast-paced as in China," Volkswagen CEO Oliver Blume said Wednesday at an event previewing its appearance at the auto show.

"This market has become something of a fitness center for us," he said. "We have to work harder and faster to keep."

Other automakers expressed similar sentiments. Japan's Nissan sent many top executives to the Beijing auto show to feel first-hand the pace of change in China, company President Makoto Uchida said.

Nissan was going to sign a memorandum or understanding with Baidu, a Chinese search engine and AI company, later Thursday. Uchida said Nissan needs to meet the needs of Chinese customers and the speed at which the market is changing.

"If we cannot do these two aspects, it will very difficult to keep our business in China," he said.

Toyota announced a tie-up with Tencent, the maker of the widely-used WeChat messaging and e-payment app.

Volvo, the Swedish brand bought by China's Geely group, stressed a simpler approach to the digitalization of its cars.

Likely aiming at a somewhat older audience, the company said its new EX30 electric SUV has an audio system and tablet screen that are easy to operate and uses sustainable fabrics in its interior.

"We believe that technology should be measured by its utility, not just its novelty," said Xiaolin Yuan, Volvo's Asia-Pacific head.

The EX30 will sell for 210,000 to 260,000 yuan ($29,000 - $36,000) in China, the company announced.

American brands at the show included Lincoln, Cadillac, Buick and Chevrolet. Ford presented a muscular look tied to its history, telling the story of the Mustang and Bronco - which it described as a "sports utility vehicle" when it was launched in 1966 -- and showing the latest versions of those models.

___

Associated Press researcher Yu Bing in Beijing and writers Mark Stevenson in Mexico City and Gabriela Sá Pessoa based in Sao Paulo, Brazil, contributed.

Continue Reading...

Popular

Donald Trump Could Still Win Even If He Loses In Supreme Court Over Presidential Immunity Claim

Former President Donald Trump could see a strategic victory in his Supreme Court case, even if the court dismisses his claim regarding presidential immunity.

The Next Nvidia? - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Jim Cramer Explains What Could Trigger Further Market Decline: 'If You Want To Get Out, Go Ahead ...'

CNBC host Jim Cramer has outlined potential factors that could lead to further market decline, advising investors to be cautious about their buying and selling decisions.

America's Final Republican President - Ad

Louis Navellier believes Donald J. Trump could go down as America's last Republican president. But NOT for the reasons you may think... If he's right, the soul of this country will change forever...

How Much Will Taylor Swift's Net Worth Grow With 'The Tortured Poets Department'?

How much will Taylor Swift's 'The Tortured Poets Department' boost her net worth? Get expert insights here

Missouri's $2B Marijuana Market Hits Record Sales In March, Eyes Future Growth With Microbusiness Licenses

The Missouri cannabis market set a new monthly sales record in March, reaching nearly $125 million. According to the latest data from the Missouri Department of Health and Senior Services (DHSS), the adult-use cannabis sector contributed $108.7 million in March, with medical cannabis adding another $16 million, culminating in a total of $124.7 million.

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

EU releases blocked funds of $6.7 billion to Poland as part of its post-pandemic recovery package

WARSAW, Poland (AP) — disbursed 6.3 billion euros (about $6.7 billion) to Poland as a part of the 27-nation bloc's post-pandemic recovery fund, the biggest single transfer ever to the country, a government minister said Monday.

A.I. Pioneer Warns: "I thought we had more time..." - Ad

A radical new A.I. development is about to blindside millions of Americans. This early A.I. pioneer just issued an urgent warning explaining everything.

Operator of Japan's wrecked Fukushima Daiichi nuclear plant prepares to restart another plant

TOKYO (AP) — The operator of the tsunami-wrecked said on Monday that it has obtained permission from safety regulators to start loading atomic fuel into a reactor at its only operable plant in north-central Japan, which it is keen to restart for the first time since the 2011 disaster.

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

Joe Biden Reverses Stance, Agrees To Debate Ex-President Ahead Of 2024 Rematch: 'Trump Makes Fun Of Me'

President Joe Biden indicated his willingness to debate Donald Trump in the upcoming 2024 general election, reversing his earlier hesitation and responding to Trump's open challenge for a debate under any conditions.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

NY AG Letitia James Seeks To Void Trump's $175M Bond In Civil Fraud Case

The New York Attorney General Letitia James' office has moved to invalidate the $175 million bond secured by former President Donald Trump.

Amid Latest Indictments, Former Trump Aide Slams Ex-President Over Treatment Of 'Bodies Around Him': 'He Takes Out Everybody Who Is Loyal To Him'

Cassidy Hutchinson, a former aide to Donald Trump, publicly expressed her disapproval of the ex-president following the recent indictments of his associates in the Arizona fake electors scheme.

Stock Alert: "Red Flag" Warning - Ad

The Wall Street legend who called the 2020 tech crash just issued a jarring warning about the AI market.

Alibaba Rival Temu Joins Tech Giants List Under EU Scrutiny, Crosses User Threshold for Enhanced Regulation

Temu, rival of Alibaba Group, will face strict EU regulations for online content as its monthly users in Europe surpass 45 million threshold.

Ethereum's Bottom Against Bitcoin 'Still Likely A Few Months Away,' Predicts Crypto Analyst

Prominent cryptocurrency analyst Benjamin Cowen predicted further bearish momentum for Ethereum (CRYPTO: ETH) to Bitcoi

$25 AI Stock Could Deliver Life-Changing Windfall - Ad

Discover a company at the forefront of the AI revolution, with up to $1 billion in government-backed contracts and 1,372 patent applications. Trading at just $25 a share...

Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected

UnitedHealth Group trounced first-quarter expectations even as costs from a business ate into the company’s performance.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Why Media Company Omnicom Shares Are Trading Higher Premarket Today

Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.

CSX profit drops 10% despite railroad delivering 3% more freight in first quarter

CSX's first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as the mix of shipments it handed shifted to a less-profitable mix.

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Retail sales up a strong 0.7% in March from February, underscoring the resiliency of the US consumer

NEW YORK (AP) — Americans increased their spending pace in March at a better-than-expected pace the previous month, , underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.

Bill Gates Shares Heartwarming Scuba Diving Photo With Daughter On Her 28th Birthday: 'I'm In Awe Of How You Dive Headfirst Into Everything.'

Bill Gates and Melinda French Gates each shared heartfelt social media posts to celebrate their daughter Jennifer's 28th birthday, highlighting her achievements as a mother, medical student, and equestrian.

Jeff Bezos Just Humiliated Elon Musk - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Tens of thousands of Colombians protest against the leftist president's reform agenda

BOGOTA, Colombia (AP) — Thousands of Colombians took to the streets Sunday in the latest rebuke of leftist President Gustavo Petro's reform agenda.

This Is Where the World's Richest Men Are Putting Their Money - Ad

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

Apple CEO says that he wants to increase investments in Vietnam

HANOI, Vietnam (AP) — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub.

Southwest Airlines is considering changes to its quirky boarding and seating practices

DALLAS (AP) — Southwest Airlines is studying changes to its quirky boarding and seating policies as it searches for ways to .

Could Elon's New Device be Bigger than the iPhone? - Ad

According to 30-year Silicon Valley and Wall Street veteran, Eric Fry... A man who picked 41 plays that jumped 1,000%+... This mind-blowing new technology could be bigger than the iPhone. And it could make a lot of people wealthy in the coming months and years.

Tesla Stock Surges Despite 'Ugly' Q1 Results: Here's Why

Tesla shares are on the rise, despite the company's disappointing Q1 results. The electric vehicle giant's stock surged after it announced plans to speed up the launch of new models.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service