The share of electric vehicles among new registrations in Europe rose to 9.9% in April-June from 7.5% a year earlier, while ICE vehicles lost market share and overall sales fell.
In absolute terms, almost 650,000 electric vehicles were sold in Europe in the first six months of this year, a third more than in the same period last year.
Sales of diesel cars fell by a third, and gasoline — by one-fifth.
However, petrol and diesel vehicles retained the majority of new registrations in the second quarter with a 55.8% share.
Two-fifths of new vehicles sold have been electrified, with hybrid vehicles, which outsold diesel vehicles for the first time in 2021, remaining the most popular with a 22.6% market share.
The data showed that June saw the fewest new passenger car registrations in Europe since 1996, at just over 1.06 million units.
<<< July 25, 2022 Feed >>>
Astronomers have discovered a black hole in the Large Magellanic Cloud galaxy, unique for two reasons. First, its origin is unusual. It looks like the star has quietly and peacefully turned into a black hole. Usually, this metamorphosis is accompanied by a supernova explosion, exceeding the annual luminosity of a hundred billion suns. Second, the new object claims to be the first dormant (that is, non-radiating) black hole outside the Milky Way.
A new discovery in the Tarantula Nebula forces us to reconsider the origin of black holes. Until now, it was believed that these most exotic objects in the Universe are born in powerful cataclysms that erase entire planetary systems into dust.
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In the second quarter of 2022, net assets of U.S. exchange-traded funds declined by $2.1 trillion to $9.2 trillion, the biggest quarterly drop on record.
The drop leaders were Vanguard Total Stock Market Index Fund;Inst+ and SPDR S&P 500 ETF Trust, which lost $77.5 billion and $70.5 billion of their assets, respectively, while Vanguard 500 Index Fund;Admiral lost $69.3 billion.
The Nasdaq Composite and the broader S&P 500 Composite declined 22.4% and 16.45%, respectively, in the second quarter, the biggest percentage drop in January-June since the 2008 financial crisis.
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The European Chess Union (ECU) has extended the suspension of the chess federations of Russia and Belarus, as well as the ban on national teams from participating in competitions under the flag of the organization.
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Microsoft for the first time has restricted access to its artificial intelligence (AI) technologies — image recognition and voice fake synthesis. This was due to the adoption of a new ethical standard for AI, according to which the interests of the individual should take precedence over technology.
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Italian ships recovered five bodies and rescued 674 people from a fishing boat that was drifting in the Mediterranean off the Libyan coast, the Associated Press reported, citing the Italian Coast Guard. In addition, European charities reported the rescue of more than 500 people.
The Italian Coast Guard said it was just one of a series of rescue operations carried out in recent days in the Italian search and rescue zone in the central Mediterranean.
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The Wentian experimental module has successfully docked with the forward port of the Tianhe Base Module of China’s Tiangong National Orbital Station, China’s Manned Flight Program Administration (CMSA) said on Sunday.
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In Ukraine, they began to prepare ports for the export of grain. The ships will go in a caravan from the ports of Odessa, Chornomorsk and Yuzhny, the administration of the Ukrainian seaports reported. On July 22, Russia and Ukraine in Istanbul signed agreements with Turkey and the UN on the export of Ukrainian grain
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New investment under the Chinese Belt and Road Initiative in Russia dropped to zero in the first half of 2022, Bloomberg wrote, citing a study by the Green Finance & Development Center, affiliated with Shanghai Fudan University.
In addition to Russia, Sri Lanka and Egypt also lost new investments within the framework of the project in January-June. Funding for the program as a whole has declined, with a six-month total of $28.4 billion, Bloomberg reported. This is 40% less than in the same period in 2019.
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General Motors showed the elite Cadillac Celestiq electric sedan. The company calls the car a show car, hinting that this is not yet the final version, but as close as possible to the production version. The car has a panoramic roof, red leather trim and a 55-inch front-pillar-to-pillar display. They didn’t say anything about technical specifications.
It is planned to produce only 500 copies per year — each will be assembled by hand. The Cadillac Celestiq will cost around $300,000 (17.6 million rubles), and its full debut will take place in 2023.
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In the Netherlands, they created a prototype carbon dioxide-absorbing electric car. As planned, the invention will be able to absorb more CO2 than it will produce during its life cycle. The creators developed the monocoque and body panels using additive technologies to reduce material waste and produce as little carbon dioxide as possible.
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The Moscow Exchange will stop trading in the Japanese yen on the foreign exchange market from August 8 due to «potential risks and difficulties in calculations.» Obligations under transactions concluded up to August 5 will be fulfilled
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From Monday, July 25, laws came into force that seriously toughen the punishment for drivers who continue to drive after the deprivation of their rights. Now a driver deprived of his license for driving a car will receive a fine from 50 thousand to 100 thousand rubles. or go to corrective labor for a period of 150 to 200 hours. Also, driving without a license becomes an aggravating circumstance in the event of an accident.
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Gazprom announced that although it received documents from Canada on turbines for Nord Stream from Siemens Energy, it “has to admit that they do not remove the previously identified risks and raise additional questions.”
“In addition, there are still open questions from Gazprom regarding EU and UK sanctions, the solution of which is important for the delivery of the engine to Russia and the urgent overhaul of other gas turbine engines for the Portovaya CS,” the company said.
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European Commission President Ursula von der Leyen said that Europe must be prepared for a complete halt in gas supplies from the Russian Federation, which «sooner or later» will happen.
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The military of Myanmar executed four oppositionists.
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Experts from the National Research Institute of Agriculture said they managed to grow 26 Italian, or Piedmontese, truffles outside their natural range in western France, writes The Guardian.
The black truffle, also highly valued, is successfully cultivated, but the Italian truffle has not yet been successfully grown on an industrial scale. Its cost can reach 10.5 thousand euros per kilogram.
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In Poland, restrictions are being introduced on water consumption; corresponding appeals have been issued in 298 municipalities of the country. This is due to abnormal heat, due to which more than 55% of the country’s territory is under the threat of drought, and there is an extreme level of threat for 5%, according to the Polish portal Money.
Poles should not use tap water to water their gardens, wash cars or fill garden pools. Otherwise, you will have to pay a fine of up to several thousand zlotys.
Previously, water consumption was limited in several other European countries — for example, in Croatia, Slovenia, France
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Kazakh authorities have decided to allocate an additional $918 million for defense, WSJ reports. The total military budget of the country ($1.7 billion last year) will thus increase by almost 1.5 times, and part of the funds will be directed to strengthening defense reserves, a Kazakh official told the WSJ.
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Ireland’s Ryanair Holdings Plc, Europe’s largest discount air carrier, posted a net profit of €187.5 million in the first quarter of fiscal 2023, up from a loss of €272.6 million a year earlier, the report said. Ryanair’s quarterly revenue rises to 2.6 billion euros from 371 million euros
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The international rating agency Fitch Ratings has downgraded Ukraine’s long-term foreign currency issuer default rating (IDR) (LTFC) from «CCC» to «C» and removed all country ratings from the Under Criteria Observation (UCO) list.
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The net profit of the Lenta retailer in the first half of 2022 decreased by 37.4% compared to the same indicator for 2021, to 3.358 billion rubles (according to the IAS 17 standard).
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Dutch consumer goods and medical device maker Royal Philips NV recorded a net loss of 20 million euros in the second quarter of 2022 against a net profit of 153 million euros a year earlier.
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NLMK Group (the flagship asset is PJSC Novolipetsk Iron and Steel Works) produced 4.4 million tons of steel in the second quarter of 2022, which is 2% lower than in the first quarter and 4% lower than April-June 2021.
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The National Bank of Kazakhstan decided to raise the base rate to 14.5% per annum with an interest corridor of +/- 1 percentage point, the press service of the regulator reported.
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The revenue of Rusagro Group of Companies (AGRO), one of the leading agricultural holdings in Russia, in the second quarter of this year (before inter-segment eliminations) amounted to 66.956 billion rubles, which is 17% more than in April-June 2021, the company reports.
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