Infiniti Introduces All-New QX50 For Growing SUV Market
Infiniti is continuing to become a competitive force in the luxury car market with its all-new QX50. Alyssa Julya Smith caught up with Infiniti Vice President Randy Parker to learn about the new features, and what makes the QX50 so competitive.
Parker explains that the QX50, referred to as the automaker's "crown jewel," is designed with a VC-Turbo engine that has been in development for two decades. Parker also reveals that the crossover market is the fastest-growing because the economy is so strong.
Parker also talks about some of the features inside the car, and what the company is doing to compete in the luxury market. These include quilted leather, ProPilot assist--which basically acts as an autonomous driver--and wireless charging ports.
Ride share competitors Uber and Lyft both posted their fourth quarter earnings days apart from each other. Both companies have been trying to get back on their feet after taking some pandemic-related hits, but the Omicron variant had other ideas as the year came to a close, with each company taking a hit in ridership in December. Lance Ippolito, head trader at The Future of Wealth explains how Uber and Lyft measured up this earnings period and why Uber may still have an edge over the competition.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
