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What happened in the World Stock Exchange between 10-17 December?

  Global Stock Market: Global stock markets serve as vital indicators of the pulse of the global economy. Each week, stock markets around the world fluctuate due to various factors, providing investors with crucial reference points. By examining the developments in global stock markets this week and their implications, we can offer insights into the global economy. At the beginning of the week, stock markets typically experience volatility due to significant economic data releases, corporate announcements, or geopolitical developments. Particularly in markets led by the United States, economic indicators and corporate earnings reports hold significant sway. This week, markets closely monitored announcements regarding the Federal Reserve's interest rate policies and indicators like the unemployment rate in the U.S. European markets, often influenced by the economic conditions within the Eurozone, respond to policies of the European Central Bank and trade relations among European nat

Electric, autonomous and driverless vehicles have become widespread! What are the technologies, advantages and disadvantages behind this trend?

 In recent times, there has been a significant shift towards the development of electric, autonomous, and driverless cars, and this article aims to shed light on the underlying technologies, advantages, and disadvantages of these trends

Electric Cars

    Electric cars are becoming increasingly popular due to their lower environmental impact and lower operating costs compared to conventional gasoline-powered vehicles. Electric cars operate on battery power and are more energy-efficient. The emissions reduction benefits of electric cars are also essential in the fight against climate change.

However, the charging infrastructure for electric cars is still underdeveloped, particularly for long-distance travel. This limited availability of charging stations is a disadvantage for drivers who wish to travel long distances. Furthermore, the longer charging times for electric vehicles compared to gasoline-powered vehicles make practical use a little more difficult.

Autonomous Cars

    Autonomous cars, also known as driverless cars, are becoming increasingly developed, using technologies such as radar, sensors, cameras, and artificial intelligence to communicate with other vehicles on the road. As a result, they can travel safely without requiring driver intervention.

The biggest advantage of autonomous cars is that they minimize human error, thereby reducing traffic accidents. Additionally, the lack of a human driver reduces the risk of issues such as driver fatigue or distraction, especially during long journeys.

However, there are still challenges to developing autonomous cars. In particular, more advanced artificial intelligence is needed to allow the cars to accurately perceive objects and other vehicles around them. Furthermore, legal frameworks and safety standards for autonomous cars are yet to be fully established, necessitating the need for necessary regulations and the identification of standards.

Driverless Cars

Driverless cars go one step further than autonomous cars, operating entirely without human intervention. These cars have enormous potential in the cargo and logistics sectors, where they can be used more efficiently in long-distance transportation.

The most significant advantage of driverless cars is that they entirely eliminate human error, reducing the occurrence of traffic accidents. Additionally, driverless cars can work 24/7 without human drivers facing problems such as fatigue or distraction.

However, there are still challenges in the development of driverless cars. Specifically, more advanced artificial intelligence is needed to enable the cars to accurately perceive and direct objects and other vehicles around them. Moreover, there are still many ethical and legal issues to consider when developing driverless cars.

  • Tesla Model S
  • Nissan Leaf
  • BMW i3
  • Chevrolet Bolt EV
  • Hyundai Kona Electric
  • Audi e-tron
  • Jaguar I-PACE
  • Kia Niro EV
  • Volkswagen ID.4
  • Ford Mustang Mach-E

 

 What about 'how much money' I hear you say;

     The price of electric cars in America varies depending on the make and model. Generally, electric cars can range in price from around $30,000 to over $100,000. Some of the most affordable electric cars in the US include the Nissan Leaf, Chevrolet Bolt EV, and Hyundai Kona Electric, which all start at around $30,000 to $35,000. On the other hand, luxury electric vehicles such as the Tesla Model S, Porsche Taycan, and Audi e-tron can cost upwards of $80,000 or more.

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