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BYD confirms Shark identify for first plug-in hybrid pick-up

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BYD has confirmed that its first pick-up truck will probably be known as the Shark, forward of its unveiling on the Beijing motor show.

The Chinese large introduced the truck will introduce a brand new plug-in hybrid powertrain known as DMO (dual-mode off-road) that is stated to optimise off-road efficiency.

It has but to verify technical specs for the powertrain, nevertheless it’s anticipated to supply four-wheel drive and efficiency aggressive with pure-ICE rivals such because the Toyota Hilux. 

For reference, BYD’s present DM-i PHEV powertrain (used within the Seal U SUV) encompasses a 106bhp 1.5-litre petrol engine, a 194bhp electrical motor and an 18.3kWh battery pack. 

BYD has but to verify whether or not the Shark can even be supplied with a battery-electric powertrain.

Camouflaged pictures of the Shark affirm that it will likely be out there within the standard double-cab bodystyle and sport powerful, slab-sided styling.

It has a full-length LED gentle bar up entrance, with a wraparound lighting signature harking back to that on the Ford Ranger.

Inside, it’s anticipated to function the identical 15.6in infotainment touchscreen as within the BYD Atto 3, Dolphin and Seal electrical vehicles, which is able to rotating to show in both portrait or panorama orientations.

The Shark will probably be unveiled in full on the Beijing present later this week and is anticipated to reach in UK showrooms early subsequent 12 months.

Should that show the case, BYD may have stolen a march on the electrified pick-up market within the UK. There are presently no PHEV pick-ups on sale right here, though a Ranger PHEV is slated to reach at across the similar time because the Shark.

The solely electrical pick-up presently out there within the UK, the Maxus T90EV, is restricted by its rear-driven powertrain and 220-mile vary.

Technology

What Happened To The GoalSetter App From Shark Tank Season 10?

Tanya Van Court seems on Season 10 of “Shark Tank” to obtain a $200,000 funding for 4% fairness of her monetary literacy and banking app GoalSetter. She shares a wealth of statistics and data with the panel of movie star buyers, explaining the success price of children who be taught to avoid wasting early on. “Shark Tank” star Mark Cuban was intrigued, having wished to open a financial savings account for his personal children. The firm itself is at the moment in one of many high Fintech accelerator packages within the United States, connecting it with one of many nation’s three main shopper banks. 

GoalSetter earns cash by charging $1 per transaction with an extra $0.05 transaction price. Additionally, the corporate is given 1% of property from its partnered banks underneath administration. Currently, GoalSetter has introduced in $40,000, which the Sharks would not thoughts a lot had the enterprise not already raised effectively over $21 million. Van Court provides that buying prospects has been particularly tough on condition that customers are not sure if they’re liable to information breaches. 

While most of the buyers respect Van Court’s mission, they do not see it as a at the moment investable enterprise given the variety of challenges alongside her path. Kevin O’Leary exhibits curiosity, liking how banks share their property with the corporate. Nevertheless, he acknowledges the hurdles forward and needs a 25% fairness stake. The entrepreneur tries countering with 8%, however O’Leary does not budge. In the tip, she turns down his provide and exits the tank with no deal. 

Technology

What Happened To The Hopscotch App From Shark Tank Season 12?

Given Hopscotch’s station in tech circles heading into the “Shark Tank” pitch, Samantha John opened the proceedings with an air of confidence. Heck, early within the pitch, even outgoing shark Mark Cuban sang the corporate’s praises, admitting he and his household had been utilizing Hopscotch for years. But incomes a sort phrase from a shark is simpler than convincing one to spend money on your organization, and after making her pitch, John discovered the majority of the panelists have been cautious of kicking her $400,000 for a mere 4% fairness stake in Hopscotch. 

Indeed, many of the sharks have been fast to go on the potential deal, with many noting that they did not suppose John’s plan to change Hopscotch’s income stream from a subscription base was sensible. Being the fan that he already was, Cuban wasn’t so fast to go. Unfortunately for John, the “Shark Tank” star opened negotiations with the dreaded assertion, “I’ll make you an offer, but you’re not gonna like it.” He then provided to stake John the requested $400,000 however requested for a whopping 16% of Hopscotch in return.

True to Cuban’s phrase, John was not significantly sizzling to take the deal, with the 2 promptly embarking on a heated negotiation. In the top, they met someplace within the center as Cuban agreed to entrance John extra capital ($550,000) for an 11% stake in Hopscotch.

Technology

What Happened To Flipstik From Shark Tank Season 12?

Not solely did Akeem enter “Shark Tank” carrying a makeshift astronaut swimsuit, signifying his product’s origins, however he additionally introduced Flipstik to the Sharks with a rap. What caught the Sharks’ consideration was the product demo. Akeem used three of the dirtiest home items (hair, sand, and spaghetti) to soiled up his product and show it nonetheless labored as marketed. However, the sharks weren’t eager on his provide after listening to the gross sales numbers.

The Flipstik entrepreneur initially requested for $100,000 for a 20% stake in his enterprise. While the Sharks had been impressed by his revenue margins, manufacturing every unit for under 58 cents and promoting the product for $15, they had been much less impressed by him, who solely introduced in $115,000 after 30 months of gross sales. It did not encourage quite a lot of confidence. Akeem made some extent to tell them that 60% of his enterprise was brick-and-mortar retail. During the Covid-19 pandemic, that was troublesome for anybody.

Kevin O’Leary was greater than and wished to make a deal rapidly. He waved off Lori Greiner’s questions, as he wasn’t focused on any form of bidding struggle, and supplied the younger entrepreneur precisely what he initially requested. After Akeem entertained Lori’s questions, Kevin backed out of the deal. She supplied him $100,000 for a 25% stake within the enterprise. While Mark Cuban confirmed curiosity in making a deal, Akeem accepted Lori’s provide, believing she was the best companion due to her expertise.

Technology

What Happened To Ride FRSH Air Fresheners From Shark Tank Season 14 ?

For those that did not watch the “Shark Tank” episode when it aired, the jab that led outgoing shark Mark Cuban to sit down out the bidding for Ride FRSH was fairly private. It concerned the cache of air fresheners the Brown brothers chosen to point out off to the “Shark Tank” panel throughout their pitch. One that ended up within the fingers of Cuban was branded with the brand of the NBA’s Golden State Warriors.

Cuban is, in fact, the proprietor of the Dallas Mavericks NBA franchise. That very 12 months, Golden State bounced Cuban’s Luka Doncic-led Mavericks from the NBA Conference Finals. In a transfer that maybe unnecessarily salted the injuries for Cuban, one of many brothers even took a protracted sniff of a Golden State freshener earlier than declaring, “Smells like winning,” with Cuban advising the Browns they need to’ve learn the room higher earlier than bowing out of the bidding. Donavan and Trey Brown would later admit the jab was intentional and conceived as a promotional stunt.

As a number of main information retailers coated Cuban’s response, it proved a savvy transfer in addition, with the following protection serving to the Browns get their firm’s title out to of us who may’ve missed their primetime debut. Luckily, Barbara Corcoran wasn’t offended by the jab and struck what may very well be a doubtlessly profitable take care of the brothers.

Entertainment, News, Technology

Mark Cuban Will Exit ABC Hit Series ‘Shark Tank’ After Season 16

Mark Cuban, known as one of the prominent sharks on “Shark Tank,” has decided to step away from the show after the upcoming 16th season. The billionaire entrepreneur has cited his various other commitments as the reason for his departure, expressing that leaving the show will allow him more time to focus on his other business ventures. Earlier this year, Cuban launched Cost Plus Drugs, a public benefit corporation aimed at reducing pharmaceutical prices for consumers by providing lower costs for generic drugs. Managing this venture, along with his business partner Dr. Alex Oshmyansky, has become a significant demand on Cuban’s time and energy, as reported by the Harvard Political Review.

In a statement to Inc., Cuban mentioned that his main reason for leaving “Shark Tank” was to prioritize spending time with his family. He emphasized that with children ages 14, 17, and 20, he wants to maximize the summers and cherish family moments before his children become more independent. Although there is one more season left for Cuban on “Shark Tank,” fans will have the opportunity to see him in action before his departure.