Nissan says it will make next-generation EV batteries by early 2029

YOKOHAMA, Japan (AP) — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector. But Nissan, like … Read more

Global Stock Gauge Nears Oversold Zone as Selloff Deepens

(Bloomberg) — A global equities benchmark has fallen precipitously close to oversold territory following a selloff in risk assets this month. Most Read from Bloomberg The MSCI All Country World Index’s 14-day relative strength index dropped below 33 on Tuesday to levels last seen in October. A reading of 30 or below indicates a possible … Read more

World Atlas names 9 of New York’s best small towns to retire in. See what they offer

Are you thinking about retiring and don’t want to leave New York state? WorldAtlas, a website focused on geography and related topics, recently unveiled their list of the nine best small towns to retire to in New York. A new survey by the National Institute on Retirement Security reveals that 79% of Americans believe that affording retirement … Read more

Xiaomi’s Success Means More Trouble for Battered China EV Stocks

(Bloomberg) — Xiaomi Corp.’s roaring entry into the electric vehicle market is dimming the recovery outlook for China’s beaten down auto startups. Most Read from Bloomberg Hype around the launch and better-than-expected initial orders for the SU7 have helped a rally in Xiaomi shares gain momentum. Investors have meanwhile ramped up bets on further declines … Read more