Nowadays, social media like Instagram, Facebook, Snapchat and Twitter are becoming more and more popular. People have completely made social media part of their daily lives. As a result, many people have developed an Internet personality.

The Internet personality I am talking about is the one we shape on our social media sites. We are always posting information about ourselves for other people to know even when it can be completely untrue. Some people even go so far as to spend money in buying flowers or “likes” or buying a very expensive camera for their friends to take photos of them. I find it unbelievable. The time and energy spent on these silly things can only make us want to be accepted by more people.

Social media are also a modern cause of depression: People see the perfect lives of others and consider their own imperfect lives as bad. Even kids deal with this. They don’t realize that the reason why they struggle to love themselves is that they spend all day receiving untrue information.

I find that many people spend more time and energy in making sure that their online personality is worth accepting rather than caring for their real presence. So many times I have seen confident and beautiful girls on social media. But in the real world, they are extremely shy. They hardly talk to anyone and spend all their time using the phone.

Social media have gone so far as to even negatively affect marriages. This is because of the fact that there are now “Instagram husbands”—people whose use is to take perfect photos of their partners throughout the day. They spend a lot of time doing that whether they like it or not. Needless to say, social media likely influence relationships in a negative way.

I think everyone should stop using social media at least for a few months to experience the difference it makes to them. They may find life is very different and much better.

Thousands of taxi drivers in Shenyang, Liaoning province, reportedly blocked streets with their vehicles on Sunday in protest against unlicensed vehicles using taxi-hiring apps (打车软件) and apps-based car rental companies providing passenger services, including high-end cars. Although the drivers also complained about the withdrawal of the fuel subsidy by the government, their main complaint was the loss of business because of the rising number of Internet-based car services companies.

On Wednesday, news reports came that Beijing transport authorities will take measures to stop the illegal “taxi business” of private cars through the newly rising Internet apps, following the footsteps of Shenyang and Nanjing.

It is not yet clear how the Shenyang city government will handle the issue and whether it will declare the services offered by market leaders such as Didi Dache, a taxi-hiring app provider backed by Tencent Holdings, and Kuaidi Dache illegal. But Shanghai transport regulators have set a rule, by banning Didi Zhuanche, or car services offered by Didi Dache in December.

Such regulations will cause a setback to the car-hiring companies and investors that are waiting to cash in on the potentially booming business. Just last month, Didi Dache got $700 million in funding from global investors, including Singapore state investment company Temasek Holdings, Russian investment company DST Global and Tencent. Moreover, the market is uncertain that Kuaidi Dache is about to finalize its latest round of funding after getting $800 million from overseas investors.

Regulatory uncertainties, however, could cast a shadow on the future of the Internet-based car-hiring services, which have become popular in most of China’s big cities. To be fair, these companies’ business model is anything but bad. For example, Didi Zhuanche works side by side with established car rental companies to provide high-end car service mainly for business people through the Internet and mobile phone apps.

Every link in this business model chain has legal companies and services. Hence, it is hard to define it as illegal and ban it.

This year, people around the world are lining up to buy electric vehicles even as prices increase. Electric vehicle, EV, demand has stayed strong even as the average cost of lithiumion (锂离子) battery cells increased to an estimated $160 per kilowatt-hour in the first quarter from $105 last year. Costs rose due to supply issues, restrictions on Russian metals and investor speculation (投机).

For a smaller vehicle like the Hongguang Mini, the best-selling EV in China, the higher battery costs added almost $1,500, equal to 30 percent of the listed price. But gasoline and diesel fuel costs have also increased since the conflict between Russia and Ukraine, and experts noted that environmental concerns are also pushing more buyers to choose EVs.

Manufacturers from Tesla to SAIC-GM-Wuling, which makes the Hongguang Mini, have passed higher costs on to consumers with price increases for EVs. More may be coming. Andy Palmer, chairman of Slovak EV battery maker InoBat, said, “rising costs will have to be passed onto carmakers.” But EV shoppers have so far not slowed down. Worldwide EV sales in the first quarter jumped nearly 120 percent, said the website EV-volumes.com.

Venkat Srinivasan is director of the Center for Collaborative Energy Storage Science at the U.S. government’s Argonne National Laboratory in Chicago. He said, “more and more people would buy EVs despite the cost of the battery and the vehicle.”

This increase in battery costs could be an unusual short-term change in a situation in which improving technology and growing production have pushed costs down for almost 30 years. Industry data showed that the $105 per kilowatt hour average cost in 2021 was down nearly 99 percent from over $7,500 in 1991.

Experts say battery costs could stay high for the next year or so, but then another large drop is likely as big investments by automakers and suppliers change the balance from shortage to surplus. “It’s like a bubble (泡沫) and for that bubble to settle down, it’s going to be at least the end of 2023,” said Prabhakar Patil, a former LG Chem executive.

The industry has long been awaiting the battery cell cost of $100 per kilowatt-hour, as a signal EVs were reaching a similar cost to fossil-fuel vehicles. But with gasoline prices high and consumer preferences changing, such cost considerations may no longer matter as much, experts say.