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September 5th - US President Trump posted that it has been an incredible summer for the American tourism industry. Americans have traveled nearly 300 billion miles, our national parks welcomed 78 million visitors, and millions more traveled by air. The FIFA World Cup alone brought in over $18 billion for our economy and supported over 160,000 jobs! Tourism means jobs, investment, and billions of dollars flowing into American businesses and communities. We are cutting red tape and modernizing air travel to make it easier to travel and do business in the United States. America is opening its doors to the world—and the best is yet to come.On September 5th, U.S. District Judge Trevor McFadden rejected a temporary restraining order application filed by Stars and Stripes publisher Max Laidler, editor-in-chief Eric Slavin, and Middle East journalist Lara Colter on September 4th, allowing the Department of Defense to proceed with the dismissal of the three. The judge ruled that the three had failed to demonstrate that their First Amendment rights were likely violated. The three had previously sued the Department of Defense, claiming they were being retaliated against for publicly supporting Stars and Stripes editorial independence and related reporting. In his ruling, Judge McFadden stated that while Slavin and Colter had been granted permission to give interviews, existing materials showed they were making these statements in the course of official duties, not as private citizens. Regarding Laidler, the judge stated that his failure to follow orders was not protected by the First Amendment.On September 5th, US President Trump posted: "Great news! Our booming economy added 162,000 jobs in August to honor the great American workers we celebrate this year (and every year!) for Labor Day." This strong figure is almost three times the prediction of so-called "economists" in a Bloomberg survey—people still suffering from "Trump mania." The impact of Trumps economic boom is evident across numerous industries. This administrations fair trade policies, implemented through a superb tool called "tariffs," have reshaped the global economic landscape, bringing manufacturing jobs back to the US on an unprecedented scale. Factory construction is booming as businesses utilize the "full deduction" policy (full deduction within one year). Soon, these factories will be packed with American workers.September 5th - The 5th China-Canada (China-Canada) Defence Working Meeting was held in Canada on September 4th. Both sides exchanged candid and in-depth views on international and regional issues of common concern, expressed their positive desire to strengthen practical exchanges and cooperation between the two militaries, and enhanced mutual understanding and trust.September 5 - According to the Lebanese National News Agency on the 4th, Israel launched airstrikes on several areas in southern Lebanon that day, resulting in at least 5 deaths and 23 injuries.

By 2023, Geely's Zeekr EV Brand Intends to Triple Sales And Expand in Europe

Charlie Brooks

Jan 06, 2023 11:37

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The CEO of Chinese electric vehicle manufacturer Zeekr, Andy An, told Reuters on Thursday that the company aims to triple sales to about 140,000 vehicles in 2023 and expand into Europe.


Zeekr, a brand created by the Chinese carmaker Geely, sold 72,000 automobiles in China in 2022. Its 001 model, priced at about 300,000 yuan ($43,600), competes on the increasingly competitive Chinese market with Tesla (NASDAQ:TSLA) Inc's Model Y crossover and other premium automobiles.


In response to rising competition from Chinese manufacturers like as Zeekr, Tesla has decreased pricing and output in China. In December, Tesla sales fell to their lowest point in the past five months.


This month, manufacture of the Zeekr 009 model will commence.


In an interview at the annual technology show CES 2023 in Las Vegas, An noted that Europe was a growth region for Zeekr. Later this year, Zeekr plans to begin selling vehicles equipped with Mobileye's driver assistance technologies.


Geely, the parent company of Zeekr, maintains a controlling ownership in Volvo Car AB, which serves as its European base.


Zeekr and Waymo, the robotaxi branch of Alphabet (NASDAQ:GOOGL), showed a ride service vehicle prototype at CES.


According to An, Zeekr intends to build vehicles for Waymo in China, but U.S. production is conceivable "depending on market conditions."


According to an official, Zeekr has no ambitions to enter the U.S. consumer market.


Last month, Zeekr filed for an initial public offering in the United States without disclosing the deal's size or timeline. Reuters had reported that Zeekr's IPO objective was to raise over $1 billion and be valued at over $10 billion.

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