News is always a great driver of rallies in the crypto space, and the most recent coin to gain some attention and love from traders and investors is Polygon’s MATIC token. As of writing the MATIC token is up 24% Friday on bullish news regarding the adoption of the blockchain by major traditional institutions and […]

The post MATIC Pumps on Positive News from Meta Platforms and JPMorgan appeared first on Coin Bureau.

Highlights

• In Canada, trends in zero-emission vehicles (ZEV = BEV and PHEV) picked up dramatically for all light vehicle registrations as of quarter 3 2022.
• ZEVs account for one out of every 12 new vehicles registered in Canada. ZEVs market share increased to 8.4% for 2022, up from 5.3% in the previous period.
• The market share of battery electric vehicles (BEV) increased to 6.5%, with volume increasing by 56.0% year over year. Year over year, total ZEV volume increased by 38.8%.

National Enhanced Fuel Type Trend

When compared to Q3 2021 year to date, new vehicle registrations have fallen by 12.5% overall and the combined volume of xEV light vehicles (EV/PHEV/HEV/ FCEV) increased by 14.7% as of Q3 2022. xEVs now account for 15.2% of all new registrations; while traditional ICE vehicles account for 84.8%.

Further comparisons of Q3 2022 against the previous year show BEVs and PHEVs saw volume gains (25,368 and 287), while HEV and FCEV each saw volume declines.

Inventory constraints continue to play a role on new vehicle registrations. Despite the constraints, BEV adoption rates continue to increase and have doubled from Q3 2021 (3.7%).

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By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  As Bitcoin continues to crab sideways, Fidelity Digital Assets prove their optimism about the long term prospects of the crypto industry. The Digital Assets unit of the investment giant unit is doubling down on hiring, as they plan to add another 100 new staff over […]