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0.00310211946050099 0.00310211946050099 0.00310211946050099 0.00310211946050099 0.00310211946050099 -0.00115606936416176 -0.00385356454720608 -0.00246628131021181
Stock impact report

Singapore-Based Giti Tire Bets On EV Wheels To Accelerate Growth [Forbes]

SINGAPORE EXCH UNSP/ADR (SPXCY) 
NASDAQ:AMEX Investor Relations: investorrelations.sgx.com
Company Research Source: Forbes
was a clear September morning in Northern Germany when Chinese EV giant BYD's electric hypercar Yangwang U9 Xtreme blasted to a record speed of 496.22 kmph at the ATP Papenburg test track, beating the 2019 record of 490.48 kmph clocked by Bugatti's Chiron Super Sport 300+ to become the fastest production model on the planet. A month earlier, the U9X lapped the Nürburgring Nordschleife's “Green Hell,” the 21-kilometer mountain circuit through Germany's Eifel forest notorious for 300 meters of elevation shifts and over 70 turns, in under seven minutes, a record for an electric vehicle. Under the machine's nearly 2.5-tonne body, and connected to four electric motors, each capable of a rotational speed of 30,000 rpm to deliver over 3,000 horsepower, was a set of semi-slick GitiSport eGTR2 Pro tires. The high-performance wheels showcased the latest technology from Giti Tire , the Singapore-headquartered manufacturer that's been quietly cornering the global market for EV tires. The pro Show less Read more
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