EUR/USD 1.15150
-0.030%
Gold 3987.46
-0.346%
Oil 60.670
-0.256%
USD/JPY 154.114
-0.056%
GBP/USD 1.31292
-0.070%
GBP/JPY 202.344
-0.119%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Reserve Bank of Australia will announce its interest rate decision in ten minutes.1. Goldman Sachs: The Reserve Bank of Australia (RBA) is expected to hold rates steady, eliminating expectations of rate cuts in November and February. 2. Capital Economics: The RBA is expected to hold rates steady, as two more rate cuts are unlikely given the current economic rebound. 3. Westpac: The RBA is expected to hold rates steady, as the easing cycle may have ended prematurely, and expectations of a February rate cut have wavered. 4. ANZ: The RBA is expected to hold rates steady, but a December rate cut is possible if economic activity performs significantly worse than expected. 5. Moodys Analytics: The RBA is expected to hold rates steady as inflationary pressures are increasing and the path to the target inflation range is becoming more difficult. 6. HSBC: The RBA is expected to hold rates steady, as deflationary momentum has completely stalled, and the RBAs next move may be a rate hike in 2027.On November 4th, the overnight SHIBOR was 1.3150%, down 0.10 basis points; the 7-day SHIBOR was 1.4150%, up 0.30 basis points; the 14-day SHIBOR was 1.4780%, up 0.90 basis points; the 1-month SHIBOR was 1.5460%, unchanged from the previous trading day; and the 3-month SHIBOR was 1.5940%, down 0.10 basis points.The Singapore dollar fell 0.2% against the US dollar to 1.307, its lowest level since May 12.The yen erased its earlier losses after the Japanese finance minister made comments on foreign exchange.

Mercedes-Benz Completes a 1,000-kilometer Electric Drive Thanks to its Energy-Efficient Architecture

Charlie Brooks

Apr 14, 2022 09:49

M2.png


CTO Markus Schaefer, speaking as the manufacturer celebrated the successful test drive of its EQXX prototype vehicle over more than 1,000 kilometers from Sindelfingen, Germany, to the Cote d'Azur, France, on a single charge, said efficient design was critical to maximizing the range of an electric car.


"We optimize efficiency first, and then we look at how many battery modules we put in the vehicle," Schaefer said at a media roundtable, adding that consumers should be able to choose the battery size that best suits their requirements.


Automobile manufacturers ranging from Mercedes-Benz to Tesla (NASDAQ:TSLA) and China's Nio (NYSE:NIO) are racing to develop longer-range vehicles that allay customer concerns about the absence of broad charging infrastructure for electric vehicles.


Mercedes debuted its Vision EQXX prototype in January, suggesting that some of the car's components will find their way into production cars in 2-3 years.


Mercedes-Benz claimed the car used 8.7 kilowatt hours of energy per 100 kilometers on the 11-and-a-half-hour trip to France, roughly double the efficiency of current Mercedes models and Tesla's longest-range vehicle, the Model S 60.


According to automobile comparison website carwow, Mercedes' EQS has the greatest range on the market at the moment, with 768 kilometers, followed by Tesla's Model S Long Range, which has a range of up to 652 kilometers.


"There will be a further rise for a period of time before a reduction occurs, which will occur until charging infrastructure is as widespread as gas stations," Schaefer said, declining to specify the range Mercedes aims for in future models.

Suggestion