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On August 23, Ukrainian President Volodymyr Zelenskyy stated that Ukraine did not participate in any actions to sabotage the Nord Stream gas pipeline connecting Russia and Europe. This comes after a Ukrainian suspect wanted by Germany was arrested in Croatia, becoming the second Ukrainian suspect detained in the case. Zelenskyy said, "Ukraine has never participated in this operation, not even in the first place. I hope the investigation will be fruitful. We are ready to provide assistance." Zelenskyy indicated that the Ukrainian Prosecutors Office and the Ministry of Foreign Affairs are investigating the matter.On August 23, Federal Reserve Chairman Neel Kashkari downplayed market concerns about rising U.S. Treasury yields, stating that the market is functioning well and the recent surge is unlikely to affect discussions on monetary policy. Kashkari said on Sunday, "All indications suggest that the U.S. Treasury market is functioning normally, trading is proceeding smoothly, and market liquidity is ample, therefore we can use the federal funds rate as the primary policy tool for reducing inflation." Last week, yields on U.S. Treasury bonds of all maturities rose, with the benchmark 10-year Treasury yield closing at around 4.73%. The 30-year Treasury yield remained near its highest level since 2007. Kashkari stated that while current Treasury yields are high relative to recent historical levels, yields in the 1990s were much higher. "We need more data, but I dont want to prejudge the outcome of the next meeting," he said. "However, I dont currently believe that inflation will fall back to the target level in the short term."Russian President Vladimir Putin: Ukraines 40-day "influence operation" against Russia has failed to change the situation, and Russian forces are continuing their advance.On August 23, affected by Typhoon Zitan (No. 19 of this year), many parts of Guangxi experienced heavy to torrential rain, with some areas experiencing extremely heavy rain. Several rivers exceeded warning levels, and some towns in Fangchenggang and Chongzuo cities faced flooding risks. On August 23, Guangxi held a video conference to coordinate flood and typhoon prevention efforts. According to statistics, as of 6 PM on August 23, 64 townships (subdistricts) in 17 counties (cities, districts) of 6 cities including Fangchenggang, Chongzuo, and Nanning experienced heavy torrential rain, with some areas experiencing extremely heavy rain. 92 townships (subdistricts) in 30 counties (cities, districts) of 10 cities experienced heavy rain. 15 stations on 10 rivers, including the Mingjiang River and its tributaries Gongan River and Pailian River, and the Zuojiang River and its upstream Pinger River, exceeded warning levels. The typhoon has affected 61,000 people, with 54,000 relocated and 8,087 people urgently relocated and resettled. All flood control and disaster relief work is being carried out in an orderly and solid manner.The Israeli military stated: "We attacked Hamass weapons production facility in Magazi, in the central Gaza Strip, and killed its commander."

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

Charlie Brooks

Apr 14, 2022 09:49

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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.