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On April 11, news circulated that JD.com was testing a new project called "Open Start" in collaboration with DeepBlue Auto, which was suspected to be related to launching a ride-hailing service. In response, JD Auto stated that it is not involved in a ride-hailing business and that "the new project will launch on April 13."On April 11, at the 2026 Intelligent Electric Vehicle Development High-Level Forum, Li Qiang, Vice President of the Public Cloud Business Unit and General Manager of AI Automotive Industry at Alibaba Cloud Intelligence Group, revealed that more than 30 automakers and intelligent driving solution providers are currently conducting intelligent driving research and development on Alibaba Cloud. The actual use of Pingtouges self-developed "Zhenwu" PPU has exceeded 100,000 calories, setting a record for the largest scale of self-developed AI chips used on a public cloud platform in the automotive industry.According to Lighthouse Pro, as of April 11, the total box office revenue (including pre-sales) for April 2026 exceeded 500 million yuan.April 11 – The China (Inner Mongolia) Pilot Free Trade Zone was officially inaugurated on the morning of April 11, bringing the total number of free trade zones in China to 23. The China (Inner Mongolia) Pilot Free Trade Zone covers an area of 119.74 square kilometers, encompassing three areas: Hohhot Area (76.28 square kilometers, including the Hohhot Comprehensive Bonded Zone of 0.88 square kilometers), Manzhouli Area (25.11 square kilometers, including the Manzhouli Comprehensive Bonded Zone of 1.44 square kilometers), and Erenhot Area (18.35 square kilometers).On April 11th, the High-Level Forum on the Development of Intelligent Electric Vehicles (2026) was held. Su Bo, Vice Chairman of the National Manufacturing Power Construction Strategy Advisory Committee and former Vice Minister of the Ministry of Industry and Information Technology, stated that the 15th Five-Year Plan period is crucial for my countrys transformation from a major automobile producer to a leading automobile power. New energy vehicles must shoulder the national mission of building a strong manufacturing nation, a strong science and technology nation, a strong transportation nation, and achieving the "dual-carbon" goals. By 2030, new energy vehicles will become the absolute mainstay of the automobile market, with a domestic penetration rate exceeding 70%. The goal of building a leading new energy vehicle nation is expected to be achieved ahead of schedule by the end of the 15th Five-Year Plan period.

Natural Gas Prices Increase by Nearly 9% Ahead of the Inventory Report

Alina Haynes

Apr 28, 2022 10:26

Natural gas prices increased on Wednesday, ahead of the Department of Energy's Thursday inventory update. According to a poll conducted by crowdsourcing company Estimize, inventories are expected to increase by 36 Bcf. The weather is forecast to be mixed over the next two weeks, with chilly weather covering the northern states and warmer-than-average weather in the south.

 

Natural gas output in the United States continues to increase. According to the EIA, natural gas output in the United States climbed by 2% in 2021, reaching 118.8 billion cubic feet per day monthly in December 2021, the highest level on record. Appalachia, the Permian, and Haynesville all contributed to this surge, accounting for 59 percent of total withdrawals in 2021, up from 24 percent in 2011.

Technical Evaluation

On Wednesday, natural gas prices increased significantly. Prices breached resistance, which is now acting as support at the 10-day moving average of 7.05. Near the April highs of 8.06, the target resistance is visible. At 5.50, support is located at the 50-day moving average.

 

Momentum is negative but decelerating in the medium term. The MACD histogram is printing negative values with an upward trend, indicating consolidation. A crossover sell signal was generated by the MACD (moving average convergence divergence). The short-term momentum indicator has turned positive as a crossing buy signal was given by the fast stochastic.

 

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