Latest news with #472
Yahoo
3 days ago
- Automotive
- Yahoo
Tesla rival Xiaomi shows off its new SUV in Beijing
Elon Musk's beleaguered Tesla (TSLA) is fending off yet another competitive EV entry in China. Chinese electronics giant Xiaomi launched the YU7 SUV at 13 of its Beijing showrooms this week and, according to CNEVPOST will roll it out in almost 100 Chinese cities throughout June. While customers can marvel at the YU7, they won't be able to start placing orders for it until July. A robust YU7 launch would build on the success of its sleek SU7 sedan, which launched last year and has been outselling Tesla. The YU7 is a five-seat, mid-to-large-size SUV, clocking in at just over 16 feet in length. CNEVPOST reports that the YU7 will be available in standard, pro, and max versions, each with more amenities than the other. Zoriy Birenboym, auto expert and CEO of tells Quartz that Xiaomi's entry into the EV market with the SU7 was more than just a headline — it was a signal. 'With the YU7 now following, Xiaomi is clearly aiming to scale and diversify its lineup,' Birenboym said, adding that if priced competitively and supported by their strong tech ecosystem, the YU7 could challenge incumbents in the mid-size EV space and further blur the lines between consumer tech and mobility. 'This move could have ripple effects across both the auto and tech industries,' he said. HSBC Qianhai (HSBC) published a note, according to Reuters, stating that the new EV SUV will be priced between 230,000 yuan and 330,000 yuan ($31,989 and $45,898) and that Xiaomi could ship 100,000 YU7 units this year, followed by 249,000 units in 2026. In a regulatory filing with the Chinese government and reported on CNEVPOST, the company said the new SUV is equipped with a battery pack that has a capacity of 101.7 kWh and range available in three options: 670 km, 750 km, and 760 km (416 miles at the low end and 472 at the high end). This would rival Tesla's Model S, which can go just over 400 miles before needing a recharge. For the latest news, Facebook, Twitter and Instagram.
Hans India
25-04-2025
- Business
- Hans India
6% fall in Cyient's DET Q4 profit
Hyderabad: City-based Cyient Group, a global intelligent engineering and technology solutions company, on Thursday announced its financial results for the quarter and year ended March 31, 2025. The Digital, Engineering, and Technology (DET) segment of the Group posted Rs163 crore in profits for the quarter ended March 2025, a six per cent drop compared to last fiscals Q4. Cyient Group said its DET segment registered Rs1,472 crore revenue in Q4, 2025, a q-o-q de-growth of 0.5 per cent and y-o-y de-growth of 1.2 per cent. In FY25, Cyient DET posted Rs5,816 crore revenue, a yearly decline of 1.6 per cent, and Rs605 crore in profits, a drop by 12.2 per cent, compared to last fiscal year. Commenting on the results, Krishna Bodanapu, Executive Vice-Chairman and Managing Director, Cyient, said: 'A part of the de-growth is attributed to evolving uncertainties through FY25 compared to the previous year. We won 24 large deals in DET business with a total contract potential of $370.8 million in FY25.' Cyient had announced the appointment of Sukamal Banerjee as Chief Executive Officer (CEO) of Cyient DET, he has also joined us as Executive Director. On DETs business growth cycle, Bodanapu said: 'While there are some uncertainties in the near term, we are working very closely with our customers in navigating through the current challenges.
BBC News
08-03-2025
- Politics
- BBC News
Superloop 2 bus proposed to replace 472 route
A consultation into a new Superloop express bus service linking several neighbourhoods across south-east London has proposed SL11 route would run from the O2 in North Greenwich to Abbey Wood station, with limited stops along the way in Charlton, Woolwich, Plumstead and forms part of mayor Sir Sadiq Khan's Superloop 2 network – a new collection of express services promised in his re-election manifesto last year to complement the original Superloop network, which launched in to Transport for London (TfL), the SL11 would follow the same route "as the 472 does now, except for Woolwich town centre, where its route would be more direct". The 472 is the bus route where a teenage boy was fatally stabbed 27 times earlier this would mean the 472 bus being scrapped and effectively replaced by the SL11 – except for during the night, when the N472 would continue to run. The SL11 would only operate between 05:00 and is also hoped that the bus service would support the early stages of regeneration plans in Thamesmead, which is one of London's hardest-to-reach areas due to the lack of any Tube or railway services. The new Superloop route is being looked at alongside existing proposals to extend the Docklands Light Railway (DLR) from Gallions Reach, with new stations at Beckton Riverside and SL11 would utilise double-decker buses with USB charging points and would link up with the existing SL3 route that runs from Thamesmead down to Bromley. 'Affordable and green' At the end of January, the mayor also detailed his plans for the "Bakerloop" bus service, which will follow the route of the proposed Bakerloo line extension from Elephant and Castle down to Lewisham. That route is similarly being consulted on, with feedback on the proposal welcomed until 14 Hobbs, TfL's director of public transport service planning, said buses "are still the most affordable and green way to travel around the capital".He added: "We are committed to working closely with the relevant boroughs to ensure these express bus routes work for all communities, as well as complementing the growth plans of these local authorities."Averil Lekau, Greenwich Council's deputy leader and cabinet member for transport, said: "A faster and more reliable bus service will encourage increased public transport usage, which is essential to cutting carbon emissions and achieving our target of reaching net zero emissions by 2030." The SL11 consultation runs until Sunday 13 April.
