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BYD’s new five-minute chargers poised to revolutionise the EV race

BYD, China’s EV maker, claims five-minute charging for electric vehicles, revolutionising the EV market.

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BYD, China’s EV maker, claims five-minute charging for electric vehicles, revolutionising the EV market.

In Short

BYD has launched a new electric car that charges fully in just five minutes, revolutionising the electric vehicle market. This advancement aims to attract consumers seeking convenience and could accelerate the adoption of electric vehicles globally.

Chinese electric vehicle manufacturer BYD has launched a new electric car that can fully charge in just five minutes.

This breakthrough in charging technology is seen as a significant advancement in the electric vehicle market.

Previously, electric cars typically required much longer charging times, which has been a barrier for many potential buyers.

The new vehicle features BYD’s innovative battery technology, which allows for rapid charging without compromising safety or battery longevity.

The model will cater to consumers who are looking for convenience and efficiency in their electric vehicle choices.

BYD’s introduction of this fast-charging EV is part of a broader trend within the automotive industry to enhance electric vehicle infrastructure.

Companies are increasingly investing in research and development to improve charging speeds and battery performance.

Experts believe that advancements like BYD’s fast-charging technology could help accelerate the adoption of electric vehicles worldwide.

As concerns about climate change and fuel costs continue to rise, more consumers are considering electric options.

BYD aims to position itself as a leader in the electric vehicle market with this new offering.

The company has seen significant growth in sales and production in recent years as demand for electric vehicles increases.

With these advancements, BYD is set to meet the growing expectations of consumers for faster and more reliable electric vehicles.

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Gold plunges 5% in biggest drop since 2013

Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.

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Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.


Gold prices have crashed over 5% in a single day, sparking concerns across global markets and sending investors scrambling.

Chris Weston from Pepperstone breaks down the causes and implications.

#Gold #Markets #Investing #Commodities #GoldCrash #PreciousMetals #ASX #GlobalMarkets #Finance #Trading


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Trump and Xi set for high-stakes APEC showdown

Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.

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Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.


President Trump and President Xi Jinping will meet for the first time in six years at the APEC summit, aiming to ease trade tensions and revive dialogue amid tariff threats.

#Trump #XiJinping #APEC #Trade #China #USPolitics #Economy #Tariffs #AsiaPacific #GlobalSummit


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Trump to meet Xi at APEC amid trade tensions

Trump to meet Xi at APEC summit as trade tensions escalate and tariffs loom

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Trump to meet Xi at APEC summit as trade tensions escalate and tariffs loom

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In Short:
– Trump will meet Xi Jinping at the APEC summit in South Korea later this month amid trade tensions.
– China has reshuffled its trade team, appointing Li Yongjie as the new WTO representative.
President Donald Trump confirmed he will meet Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit later this month in South Korea.
It marks their first face-to-face encounter in six years amid ongoing trade tensions.Trump expressed hope about achieving a “fantastic deal,” despite escalating disputes. He is prepared to impose significant tariffs on Chinese imports if no agreement is reached. Current U.S. tariffs on Chinese goods average 55%, with a potential increase to 155% looming.

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Trump mentioned that he believes an excellent trade deal would benefit the U.S., China and the global economy. He acknowledged the importance of the negotiations, stating that China respects the U.S. but is always seeking advantages in trade.

China’s Trade Reshuffle

China has reshuffled its trade negotiation team. Li Chenggang has been removed from his position as the representative to the World Trade Organization, while retaining his role as vice minister of commerce. This change aligns with Beijing’s strategy to adjust its trade diplomacy amid tensions.

Li Yongjie has been appointed as the new WTO representative. This team transition comes after scrutiny from U.S. officials and reflects China’s commitment to recalibrating its approach within the ongoing trade discussions.

The upcoming APEC summit will gather leaders from 21 economies, representing a significant portion of global GDP. It serves as a pivotal platform for dialogue, despite the backdrop of intensified trade negotiations.


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