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Li Auto (02015.HK) launched the new Li L6 four-wheel drive SUV, with a unified national retail price of RMB 249,800.
July 16th - According to Axios, Kevin McGurn, interim CEO of Trump Media & Technology Group, stated that the company will launch a backend interface allowing financial services companies to pay for access to Truth Socials real-time data. McGurn said this marks the companys first expansion into the data licensing field within its media business. The newly launched Truth API will provide clients with real-time access to content posted by the platforms top ten most popular accounts. McGurn stated that clients willing to pay higher fees will gain access to data from even more accounts in the future. These accounts include key decision-makers who influence policymaking and geopolitical trends, such as US President Trump, the White House, FBI Director Cash Patel, White House Deputy Chief of Staff Dan Scavino, and US Secretary of Health and Human Services Robert F. Kennedy Jr.
On July 16th, XPeng officially announced an upgrade to its X9 air spring warranty plan on its community platform. The announcement stated that XPeng acknowledged some X9 users experiencing air spring malfunctions in extreme conditions such as high temperatures, leading to a poor user experience, and expressed deep apologies for this. To address the air spring malfunctions experienced by some X9 owners, XPeng Group is offering a special upgraded warranty plan for the X9: effective immediately, the warranty for the front air spring system (including the front air spring strut assembly, air supply unit, air supply unit solenoid valve box, and air tank) is extended to 8 years or 160,000 kilometers, unaffected by changes in ownership. Previously, several XPeng X9 owners reported their vehicles breaking down while driving, with malfunctions mainly concentrated on air suspension leaks and unilateral or complete collapse of the vehicle body.
According to AXIOS: Kevin McGurn, interim CEO of Trump Media Technology Group, said the company is rolling out a backend interface that will allow financial services companies to pay for access to Truth Socials real-time data.
July 16th - U.S. retail sales rose modestly in June, with a decline in gas station sales dragging down the overall performance and masking strong growth at some retailers. Data released Thursday by the U.S. Census Bureau showed that retail sales rose 0.2% month-over-month in June, compared with a revised 1.0% increase in May. The figures are unadjusted for inflation. Excluding gas station sales, retail sales rose 0.7% month-over-month in June.