• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On January 22nd, a research report from CITIC Securities pointed out that the USD/CNY exchange rate has also continued to rise recently. Given the still strong willingness to settle foreign exchange in the short term, and the fact that the beginning of each year is a major window for RMB appreciation, it cannot be ruled out that the RMB will continue to rise before the Spring Festival, releasing appreciation pressure. The combination of falling US Treasury yields and a strengthening RMB will put considerable pressure on current US Treasury holdings. However, after entering March, US Treasury yields and the RMB exchange rate may simultaneously peak, at which time a more ideal buying opportunity will be provided.The founder of the US car trading platform TrueCar stated that tariffs will drive up prices and reduce supply. Longer car loans are also a problem for the auto industry.According to Fox News, when asked whether Greenland would remain under Danish control, NATO Secretary General Rutte said that this question was not raised in his conversation with US President Trump.1. All three major U.S. stock indexes closed higher. The Dow Jones Industrial Average rose 1.21% to 49,077.23 points, the S&P 500 rose 1.16% to 6,875.62 points, and the Nasdaq Composite rose 1.18% to 23,224.82 points. Amgen rose nearly 4%, and Nvidia rose nearly 3%, leading the Dow. The Wind U.S. Tech Big Seven Index rose 0.98%, Tesla rose nearly 3%, and Google rose nearly 2%. Chinese concept stocks generally rose, with Baidu Group rising more than 8% and 21Vianet Group rising nearly 7%. 2. The three major European stock indexes closed mixed. The German DAX index fell 0.51% to 24,577.81 points, the French CAC40 index rose 0.08% to 8,069.17 points, and the UK FTSE 100 index rose 0.11% to 10,138.09 points. 3. US Treasury yields fell across the board. The 2-year Treasury yield fell 0.39 basis points to 3.584%, the 3-year Treasury yield fell 2.22 basis points to 3.651%, the 5-year Treasury yield fell 2.63 basis points to 3.822%, the 10-year Treasury yield fell 5.16 basis points to 4.241%, and the 30-year Treasury yield fell 5.26 basis points to 4.861%. 4. International precious metals futures closed mixed. COMEX gold futures rose 1.48% to $4836.20 per ounce, while COMEX silver futures fell 1.78% to $92.95 per ounce. 5. The most active US crude oil contract closed up 0.51% at $60.67 per barrel; the most active Brent crude oil contract rose 0.61% to $64.58 per barrel. 6. Most base metals rose in London. LME tin rose 3.81% to $51,295.0/ton, LME nickel rose 2.05% to $17,975.0/ton, LME aluminum rose 0.32% to $3,117.5/ton, LME copper rose 0.06% to $12,761.5/ton, LME zinc rose 0.06% to $3,175.0/ton, and LME lead fell 0.20% to $2,024.5/ton.Spot gold and silver opened steady on Thursday, currently trading at $4,832 per ounce and $93.01 per ounce, respectively.

Jaguar Land Rover provides EV training to staff and dealers

Skylar Williams

Sep 28, 2022 11:02

4.png


Luxury Jaguar Land Rover will instruct 29,000 employees and retail associates over the next three years on the design, construction, and maintenance of electric vehicles (EVs).


Tata Motors (NYSE:TTM) claimed that the majority of its dealers' technicians will receive EV training this year in order to "address skills gaps."


The transition to EVs necessitates that automakers retrain their staff on conventional vehicles. Fewer moving parts in EVs may result in fewer well-paying auto manufacturing positions, particularly in engine and transmission factories.


Jaguar Land Rover (JLR) will retrain "thousands of exceptionally trained automotive engineers and production workers" to work on electrification, digital, and autonomous vehicles.


European EV sales have skyrocketed during the past two years, and limits on cars powered by fossil fuels are on the horizon. Jaguar will be electric by 2025, and all JLR vehicles will be electric by 2030.


Together with Coventry and Warwick universities, JLR developed training materials.


JLR claimed that all plant staff will require training in order to work safely with high-voltage systems.


Karl "Freddy" Gunnarsson, a former diesel and gasoline catalytic converter engineer at JLR, is now aiming to boost the density of electric vehicle batteries in order to increase vehicle range.


Gunnarsson told Reuters, "We will compete on this" "On this side of the business, the CEO is enthusiastic."