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The UK is at risk of a drastic slowdown in its transition to electric cars because of big disparities in the availability and cost of charging points, especially in poorer areas, a report says. The study, by the consultancy Stonehaven, argues that given rapid advances in batteries and car range, persuading more people to move to electric vehicles is now less an issue of technology than one of "urban management and social equity". It cites London, which has the UK's highest usage of electric cars, as an example of what the report's authors call a lack of coherent strategy over on-street charging points, which are left to individual councils to install. This has led to huge variations in provision, with one London borough, Harrow, having 63 charging points, compared with nearly 2,700 in another, Westminster. The report says the evidence points towards such infrastructure being disproportionately available to people in richer areas, and less so to those who would be more likely to benefit from being able to use an electric vehicle. The study, taking another example from London, says the two outer boroughs of Bexley and Havering have a combined 14,000 people who work in the transport and storage industries, and there are just 260 public chargers between them. By contrast, in the more central borough of Hammersmith and Fulham, 3,000 people have such jobs and there are more than 2,600 chargers. It notes, however, that public charging is only part of the challenge, given how much more expensive this tends to be than charging an... Peter Walker
Tokuyama Co. ( OTCMKTS:TKYMF – Get Free Report ) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 66,100 shares, a decline of 20.0% from the November 30th total of 82,600 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Tokuyama Stock Performance OTCMKTS TKYMF opened at $15.10 on Friday. The company’s 50 day simple moving average is $15.10 and its two-hundred day simple moving average is $15.10. Tokuyama has a 1 year low of $13.56 and a 1 year high of $15.10. About Tokuyama ( Get Free Report ) Featured Stories Receive News & Ratings for Tokuyama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tokuyama and related companies with MarketBeat.com's FREE daily email newsletter .How old was Jimmy Carter and when was he the US President?PHILADELPHIA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Evolv Technologies Holdings, Inc. ("Evolv" or the "Company") EVLV on behalf of purchasers of EVOLV securities between August 19, 2022 and October 30, 2024, inclusive (the "Class Period") . Investors that suffered losses from EVOLV EVLV investments can follow the link below for more information regarding the lawsuit: CLICK HERE to learn more about the lawsuit. Investors who purchased or acquired EVOLV securities during the Class Period may, no later than DECEMBER 31, 2024 , seek to be appointed as a lead plaintiff representative of the class. Headquartered in Waltham, MA, Evolv is a security technology company that utilizes AI-based screening designed to help create safer experiences. On October 25, 2024, Evolv announced that the Company's financial statements issued between the second quarter of 2022 and the second quarter of 2024 should not be relied upon due to material misstatements impacting revenue recognition. The Company revealed that certain sales, including sales to one of its largest channel partners, were subject to extra-contractual terms not shared with the Company's accounting personnel and that certain Evolv personnel had engaged in misconduct. The Company further announced that it had self-reported these issues to the Securities and Exchange Commission. On this news, the price of Evolv stock declined approximately 40%, from a close of $4.10 per share on October 24, 2024, to a close of $2.47 per share on October 25, 2024. On October 31, 2024, Evolv announced the termination of its CEO, Peter George, effective immediately. On this news, the price of Evolv stock declined approximately 8%, from a close of $2.34 per share on October 30, 2024, to a close of $2.15 per share on October 31, 2024. For additional information or to learn how to participate in this litigation, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner at phamner@bm.net or (215) 875-3048, or CLICK HERE . A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the Court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member. Berger Montague , with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States. Contacts: Andrew Abramowitz, Senior Counsel Berger Montague (215) 875-3015 aabramowitz@bm.net Peter Hamner Berger Montague PC (215) 875-3048 phamner@bm.net © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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