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Yahoo
an hour ago
- Yahoo
Electric car grant expanded to offer discount on more new models
The price of five electric cars has been cut as the Government widens a scheme to encourage people to switch. The decision means 22 cars are eligible for the electric car grant, with prices reduced by up to £1,500. Models from Volkswagen, Peugeot and Cupra have been added to the list. It is part of a £650 million investment by ministers to get people to move away from petrol or diesel cars. The new cars subject to the £1,500 discount are the Cupra Born, Volkswagen ID.3, Peugeot e-208, Peugeot e-2008 and Peugeot e-Rifter. The cost represents a 4% discount on the Cupra. The carmaker's website is advertising the car for £37,460. The Volkswagen is being advertised for £30,860, and the Peugeot models range from £20,245 to about £35,000. The number of electric cars registered in the first quarter of 2025 was 43% higher than the same period last year, according to figures published this week. DVLA data showed more than 120,000 zero-emissions cars were registered between January and March this year. Electric cars made up a fifth of registrations, up by 3% compared with the year before. The Government said it is also investing in electric car charging infrastructure in an attempt to reduce carbon emissions. However the attempts to move people away from petrol and diesel has been criticised by some who claim electric cars are also damaging to the environment because of the precious metals that need to be mined for batteries. The announcement comes a week after the Government last broadened the initiative. Earlier in August it added 13 models, including cars produced by Nissan, Renault and Vauxhall. At the time, Transport Secretary Heidi Alexander said the Government was 'delivering on our promise to make it easier and cheaper for families to go electric'. She added: 'This is about backing drivers, putting money back into people's pockets and creating the jobs and growth that will drive Britain forward.'
Yahoo
2 hours ago
- Yahoo
NEAR Protocol Faces Heavy Institutional Selling, Recovers Slightly Amid Ongoing Volatility
NEAR Protocol saw heightened volatility in the 24 hours ending August 14 at 14:00 UTC, with prices fluctuating between $2.78 and $3.05 before settling at $2.82. The decline from the $3.05 resistance to $2.75 support was driven by heavy institutional selling, totaling nearly 20 million tokens during peak pressure. Despite this, the asset's fundamentals remain strong, supported by a sizable active user base of 16 million weekly participants. In the hour following the selloff, NEAR gained 0.35% to $2.83, trading within a controlled $0.07 range between $2.81 and $2.85. Key institutional buying appeared at several intervals, helping the token breach short-term resistance at $2.83–$2.84 and reach session highs of $2.85. Trading volume eased to roughly 100,000 tokens per minute, suggesting accumulation rather than speculative retail activity, with preliminary support forming near $2.81–$2.82. NEAR Protocol recorded substantial price volatility with a $0.26 trading range representing 8.53% movement between the session high of $3.05 and low of $2.78. The cryptocurrency initially demonstrated upward momentum from $2.90 to reach $3.05 during evening trading hours, establishing technical resistance at the $3.04-$3.05 level. Significant institutional selling occurred during August 14 between 12:00-13:00 UTC with exceptional trading volumes of 19.99 million and 12.22 million tokens respectively. Daily trading activity substantially exceeded the 24-hour average of 5.47 million tokens, reflecting heightened institutional selling pressure. Market price declined to $2.75 before corporate buying interest supported a recovery to $2.82 at session close. High-volume institutional selling patterns suggest potential continued downside risk despite modest recovery attempts, according to market strategists. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Verge
2 hours ago
- The Verge
GPT-5 is getting 'warmer and friendlier.'
Posted Aug 15, 2025 at 10:24 PM UTC GPT-5 is getting 'warmer and friendlier.' OpenAI says it received feedback that GPT-5 'felt too formal before' and that internal tests of the new changes show 'no rise in sycophancy compared to the previous GPT-5 personality.' Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Jay Peters Posts from this author will be added to your daily email digest and your homepage feed. See All by Jay Peters Posts from this topic will be added to your daily email digest and your homepage feed. See All AI Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All OpenAI
