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High Recycling Fee Hinders Electric Vehicle Sales
...
from the agency "Autostat," 786 electric vehicles were sold last month — a 28% decrease compared to the same period last year. The share of electric vehicles in overall passenger car sales was merely 0.9%.
For comparison, according to the
International Energy Agency (IEA)
, the share of electric vehicles in new passenger car sales in India in 2024 was 2.1%, in the USA it was 10%, in the EU it reached 21%, and in China it was as high as 48%.
One of the contributing factors is the increase ...
Where Does Nornickel Invest?
... including the use of unmanned vehicles and monitoring systems.
Infrastructure Development:
Transport Logistics: Investments in the modernization of ports, railways, and roads that facilitate the transportation of the company's products to domestic and international markets.
Impact on Russia:
Norilsk Nickel's investments contribute to the industrial development of the Arctic region, create jobs, and improve the ecological situation. The implementation of environmental projects mitigates negative impacts ...
RIA Novosti/Prime: "Oil Resource Group Plans to Go Public in 3-4 Years"
... Tereshkin told reporters.
"We want to go public in three to four years. The bond issuance is a small step in this direction. Transparency of the company, IFRS reporting, obtaining a rating – we are becoming more transparent and streamlining all internal processes," he said.
However, the company is not yet ready to disclose details about the possible IPO. "I am not ready to say which exchange we plan to list on or what share may be offered. We will see how much we grow during this ...
European Investment Firms Buy Bitcoin
... allowing special funds to invest up to 20% of their assets in BTC.
German asset management company Union Investment, which oversees assets worth $500 billion, plans to convert a small percentage of its managed funds into Bitcoin (BTC). According to its internal sources, the asset management giant has completed its planned pilot tests involving BTC certificates and now aims to add cryptocurrency to its existing funds in modest amounts.
Bringing Bitcoin Investments to the General Public
Union Investment ...
An expert outlined the conditions for curbing oil demand in China
... be China's energy transition, which could lead to reduced demand in passenger ground transportation. The share of electric vehicles and plug-in hybrids in new passenger car sales in China has grown from 5.7% in 2020 to 38% in 2023. According to the International Energy Agency's (IEA) conservative forecast, this share will increase to 68% by 2030, and oil savings from passenger vehicle use will reach 1.5 million barrels per day," he said.
The expert explained that these savings will be comparable ...