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fish picture Adding to those headwinds: an incoming new U.S. president who has disparaged government support for electric vehicles. China is the exception. Driven by government subsidies and mandates, vehicles with electric motors, including plug-in hybrids that combine electric and fossil fuel motors, topped 50% of sales in the month of July. Three main concerns Concerns about range, charging infrastructure and higher prices are sore points among both electric car enthusiasts and skeptics in Europe and the U.S. Solar panels power charging at Detlef Mueller-Salis’ home in Mainz, Germany, so he thought he was all set to go electric. But range concerns, charging times and confusing charging payment methods proved frustrating. So after four years, he and his wife sold their Porsche Taycan and Fiat 500 electrics and bought a BMW 5-Series and a Volkswagen Polo, both internal combustion. The smaller Fiat could run about 136 miles on a charge in summer and 112 in winter, he said, against the manufacturer’s specification of 198 miles. Constantly checking the battery before quick trips to visit grandchildren and elderly parents grew annoying. So did going on vacation with payment cards from five charging plans. The Porsche took 30 minutes to charge instead of the 22 minutes advertised, not a huge difference but “not what the company promised,” said Mueller-Salis, who is retired from a logistics company. Driving fast on the autobahn reduced range so that “you paid for it with charging time.” Longer trips require planning Both retirees in their 70s, Ken and Roxanne Honeycutt mainly drive their used Kia Soul around their town near Oakland, California. They charge the EV, with a range of about 111 miles, in their garage and don’t rely much on public infrastructure. But for longer trips they have to plan fast-charging stops ahead of time. “We wanted to try it,” Roxanne said of the EV. “Sometimes we found that the charging stations don’t always work, they’re broken down, so that gives you a little bit of anxiety if you know, OK, I need to charge.” On one cold, rainy January day, the Soul’s range dropped faster than expected, so they had to stop twice to charge. Another time, they hit multiple nonfunctioning chargers — even in California, where EV adoption leads the rest of the country. Their range dropped to 13 miles. “We’re used to having a gas station on every corner, 24 hours a day,” Roxanne said, adding they still like the vehicle. Paris climate agreement Electric cars aren’t going away. They are essential for planet-warming carbon emissions reductions governments agreed to under the 2015 Paris climate agreement. Electrified vehicle sales will reach 17 million this year, or one car in five sold globally, according to the International Energy Agency. That includes plug-in hybrids that combine electric with internal combustion motors. But about 60% of those sales are in China. In Europe, sales of electric-only cars fell 5.8% in January-September from a year earlier, while their market share fell to 13% from 14%. Pure EVs accounted for 8% of overall U.S. vehicle sales in October. So, the market is growing, but sales slowed. They’re not plunging, but they’re not yet growing fast enough to meet climate goals. Sticker shock Higher prices matter. A Volkswagen ID. 3 hatchback costs about $42,090, compared to the similar-sized Volkswagen Golf fuel engine version at $29,136, according to the ADAC auto association. U.S. EV prices have fallen significantly since 2022, but the average price in October for a new one, $56,902, still exceeded the average $48,623 for a new vehicle. Cost remains an issue for the more mainstream American consumers EV makers hope to target, according to a recent poll by The Associated Press-NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago. Uncertainty over purchase subsidies also complicates price comparisons. EV sales plunged in Germany early this year after the government abruptly canceled the purchase premium of roughly $7,100 for cars up to $42,000 and about $4,700 for cars up to about $68,000. ADAC says that means most internal combustion models are a better deal over a car’s lifetime. Conservative political parties and the industry are now questioning the EU’s goal of eliminating most fuel engine vehicles by 2035, a decision that’s up for review in 2026. The European Auto Manufacturers’ Association is urging that carbon dioxide limits, which carmakers must meet by 2026 or face heavy fines, be relaxed. Some carmakers have pushed back electrification plans. Republican President-elect Donald Trump vowed to end what he called the Democratic Biden administration’s EV “mandate,” though he softened his anti-EV stance as his ties with Tesla CEO Elon Musk grew closer. Automakers are not required to sell EVs under the Environmental Protection Agency’s greenhouse gas emissions standards regulating tailpipe pollution, though they need EVs to make up at least 56% of their total sales to meet the ambitious standards for cutting emissions. Trump may also eliminate critical EV tax credits. Even if fewer buyers choose EVs, tax credits or not, auto companies show no intention of fully retreating from the transition away from gas-burning cars and trucks. The China difference China’s auto market, the world’s largest, was transformed by billions of dollars in subsidies, with EV sales reaching 25.8% of the 13.5 million vehicles sold in January-August, according to the China Passenger Car Association. The government is encouraging car buyers to go electric, and many are buying EVs or plug-in hybrids under an economic stimulus program. The phasing out of earlier subsidies in 2022 unleashed a fierce price war, toppling some weaker automakers. Some Chinese EVs sell for less than $20,000 in their home market. The government push encouraged many start-ups that took the Tesla model and ran with it. They simplified car designs to cut costs and filled interiors with gadgetry appealing to a smartphone-savvy generation. Photographer Wu Cong sat inside his $23,000 Hongqi E-QM5 as it recharged in Beijing. He travels often for work, racking up 50,000 miles in the past two years. The EV saves him about $7 in fuel costs for every 62 miles, he said, which would add up to $5,600 over two years. The sedan’s navigation system reminds him to recharge after driving a distance of his choosing. “It will tell you if there are charging stations ahead and if anyone is using them,” he said. Beijing tech worker Shang Wenting said her family hardly uses its gasoline-powered car anymore except for on long trips, preferring a sapphire Tesla Model Y that cost about $37,000. During a weekly trip to a charging station 10 minutes from her home, Shang said the Tesla is cheaper to drive and she loves its “smart features,” like an energy recovery system that means she can press on the accelerator less. “It feels like switching from an old phone to a smartphone,” she said.Uruguay's voters choose their next president in a close runoff with low stakes but much suspense

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Trump’s RFK Jr. nomination raises the stakes for media reporting on health( MENAFN - GlobeNewsWire - Nasdaq) NEW YORK, Dec. 29, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Chipotle Mexican Grill, Inc. (NYSE: CMG) between February 8, 2024 and October 29, 2024, both dates inclusive (the“Class Period”) and those who purchased Chipotle call options or sold put options during the Class Period, of the important January 10, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Chipotle securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Chipotle class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email ... for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 10, 2025 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Chipotle's portion sizes were inconsistent and left many customers dissatisfied with Chipotle's offerings; (2) in order to address the issue and retain customer loyalty, Chipotle would have to ensure more generous portion sizes, which would increase cost of sales; and (3) as a result, defendants' statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Chipotle class action, go to call Phillip Kim, Esq. toll-free at 866-767-3653 or email ... for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: or on Twitter: or on Facebook: . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 ... MENAFN29122024004107003653ID1109039571 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Two-time Grand Slam champion Simona Halep has pulled out of qualifying for the Australian Open and will delay the start of her 2025 season. The 33-year-old received wild cards for Australian Open qualifying and the Auckland Classic, which begins on Monday live on Sky Sports Tennis with Britain's Emma Raducanu among the names competing. Halep will not compete for at least a month due to knee and shoulder pain after playing in an exhibition event in Abu Dhabi earlier this month. She is planning to begin her season at the Transylvania Open in early February. "After playing in Abu Dhabi, unfortunately I felt pain in my knee and shoulder once again," she posted on social media. Trending "After discussing with my team at length, we agreed it is sensible to delay the start of my season. "It's not what I wanted but I would like to thank the tournament organisers in Auckland and Australia for the wild cards and I'm sorry I won't be able to take them this time." Also See: Stream tennis and more on NOW Live tennis on Sky Sports Tennis schedule and latest scores ATP and WTA rankings Halep, who was given a four-year doping ban that was reduced to nine months, last competed on the WTA Tour in October in Hong Kong. She was the runner-up at the Australian Open in 2018 and won major titles at the French Open later that year and at Wimbledon in 2019. Halep is currently ranked 877th in the world, having not played at a Grand Slam since 2022 due to her doping case. Watch the 2025 ATP and WTA Tours, including the US Open, live on Sky Sports. Stream Sky Sports with NOW - No contract, cancel anytimeA Chinese film set during the Covid-19 pandemic won the top prizes in Taiwan's prestigious Golden Horse Awards, which saw the highest number of entries from China in recent years despite political tensions. Beijing banned its entertainers from joining Golden Horse -- dubbed the Chinese-language "Oscars" -- in 2019 after a Taiwanese director voiced support for the island's independence in an acceptance speech in 2018. China claims Taiwan as part of its territory, which the Taipei government rejects, and Chinese A-listers and big commercial productions have largely avoided the event ever since. Despite the sensitivity of the awards, more than 200 Chinese films entered this year's competition, which Taiwan's Mainland Affairs Council (MAC) said was the highest number in "recent years". Acclaimed Chinese filmmaker Lou Ye was awarded best director late Saturday night for his docu-drama "An Unfinished Film", which was also named best picture. Lou was absent from the ceremony but his wife Ma Yingli read his acceptance speech, describing the film set during China's lockdown of Wuhan in the earliest stages of the pandemic as "the most special directing job I have ever done". Chinese actor Zhang Zhiyong, who also did not attend the awards, won best actor for his performance in Chinese director Geng Jun's same-sex drama "Bel Ami". Hong Kong's Chung Suet-ying was named best actress for her role in "The Way We Talk", which is about the deaf community. Neither "Bel Ami" nor "An Unfinished Film" has been released in China. Ahead of the awards, MAC spokesman Liang Wen-chieh told reporters that these films "may not be able to be screened in mainland China, but they still hope to have a free platform to participate and express themselves". "We welcome (them) very much," he said. After several years absence, Chinese stars began trickling back to the awards in Taipei last year, with actress Hu Ling the first to grace the red carpet since the ban. On Saturday, Geng Jun and some of his cast were among the few Chinese entertainers to join stars and filmmakers from around the region, including Taiwan, Hong Kong, Singapore and Japan, on the red carpet. While Geng missed out on best director and best picture, his film "Bel Ami" won the awards for best cinematography and best film editing. Despite political tensions, Golden Horse remained a stage for independent Chinese films that have no distribution space on the mainland, Taiwanese film critic Wonder Weng told AFP. "This spirit remains unchanged. I think the Golden Horse Awards have always insisted on being the benchmark" that is open to all subjects, said Weng, who is a board member of Taiwan Film Critics Society. Weng said "An Unfinished Film" by Lou, who has previously taken on forbidden subjects such as gay sex and the 1989 Tiananmen protests, was "a work of conscience". Lou's latest offering is about a film crew trying to resume shooting a movie during the Covid-19 pandemic in Wuhan, as the city was placed in an unprecedented lockdown. "Lou put images that are banned or blocked into his work and reminds us that there is a director who is willing to preserve historical images for us to see... and let us know there is a different voice," Weng said. aw/amj/dhc