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Top Gun: The long-awaited sequel is an important box office hit

Top Gun: The long-awaited sequel is an important box office hit

No points for second place‍****

Top Gun: Maverick has taken off at theatres, raking in $156m in the US over the extended Memorial Day weekend. That haul not only breaks the previous record for the holiday from 2007, but it also marks Tom Cruise's own personal record for a box office weekend debut — which is good going for an actor that is sixth on the all-time list of highest grossing actors.

With sky-high ratings — 8.7 / 10 on IMDB and 96% fresh on Rotten Tomatoes — the coming weeks are likely to see Top Gun: Maverick go on to become one of the biggest box office hits of the year. That's important because Top Gun is pretty much the first non-superhero movie to be a really big hit since the pandemic.

As we highlighted two weeks ago, the superhero genre (in particular Marvel), has kept the box office in business over the last two years, leaving many to wonder whether non-superhero movies could thrive at the box office post-pandemic. Last weekend proves they can — even if Doctor Strange in the Multiverse of Madness, which is hardly a flagship character of the MCU, brought in some 73% more than Top Gun: Maverick managed on its first day.

The nostalgia factor

What's particularly exciting is that the equally quotable sequel to Top Gun proved to be a draw for the generation who were teenagers when the first movie came out. Indeed more than half of the attendees (55%) were over 35. Back in 1986, the original movie reportedly led to a 500% increase in applications to become naval aviators — maybe the same people can apply again.

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

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