Showing posts with label Electric Cars. Show all posts
Showing posts with label Electric Cars. Show all posts

2017-11-10

Electric Cars Will Come of Age in 2018, China Largest Market (video)

Electric cars will come of age in 2018

The Economist (economist.com) video above published Oct 18, 2017:
"2018 is set to be the year the world fully embraces the electric car. We’ll see a global tipping point for drivers as electric models start competing with petrol and diesel cars head-to-head. But we’ll also be confronted with the uncomfortable truth about the impact of going electric. They've long been vaunted as the vehicle of the future but from laughing stock in the mid-1980s to rising stock today electric cars have come of age. Companies are clambering to take the lead with billions in investments and promises to make the switch, but it’s pressure from governments that's driving this push from the industry. It's an unlikely country that's leading the pack. In 2016 China brought more than 40 percent of the world's electric cars. These fume free cars will make our cities cleaner but uncomfortable truths lurk behind the electric car revolution. The rise of electric cars will challenge the world's thirst for oil. It could spark a global shift of power from countries that have enjoyed the influence that oil has bought. Beyond oil, attention will turn to lithium electric car batteries which rely on the mineral Cobalt. Two thirds of the world's cobalt comes from one country, the Democratic Republic of Congo. Demand for cobalt has doubled over the past five years and is set to triple by 2020. But the electric car revolution is coming. After 2018 there will be no turning back."
Electric Cars (EVs) Are a Hit With Chinese Consumers

Wall Street Journal video above published Oct 2, 2017: China is the world's largest market for electric vehicles, thanks largely to subsidies that drive costs down. Those incentives will end by 2020, but the government is betting that won't be the end of the road for its electric dream. Photo/Video: Eva Tam/The Wall Street ​Journal​ (wsj.com)



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2017-09-16

Tech Review | Hurricane Irma: Using Tech For Disasters & Recovery

Tech Review (TR 2017-09-16)--Domain Mondo's weekly review of tech news:
Features • 1) Hurricane Irma: Using Tech For Disasters & Recovery, 2) New Apple iPhones Too Expensive?, 3) Bitcoin a "fraud", 4) Investing: Tax Reform and Things the Market Does Not Care About5) ICYMI Tech News.

1) Hurricane Irma: using tech for disasters & recovery:
Google Crisis Maps: http://google.org/crisismap/2017-irma and http://google.org/crisismap/
Florida Power & Light (FPL) Update: https://www.fplmaps.com/
See also: Harvey and Irma scams"Real websites for first responders, insurance companies, construction, medical and other vital organizations in the Florida and Texas areas — are being targeted by these malicious spoofed domain registrations."--circleid.com

2)  New Apple iPhones Too Expensive? Lucky 8? $1,000 price tag dampens iPhone enthusiasm in China | Reuters.com--iPhone’s share of China’s smartphone shipments fell to 9 percent in January-June, down from 14 percent in 2015 (source: CounterpointResearch.com data). See also Apple $AAPL Special Event: iPhone X, iPhone 8, iPhone 8 Plus & More | DomainMondo.com.

3)  Bitcoin a "fraud"--JPMorgan's Jamie Dimon calls bitcoin a 'fraud' | TheHill.com: “It’s a fraud” ... “worse than tulip bulbs" ... “You can’t have a business where people can invent a currency out of thin air and think that people who are buying it are really smart" ... [it] "won’t end well." See also  China to Shut Bitcoin Exchanges | WSJ.com Sep 11, 2017: "Authorities to ban commercial trading of all virtual currencies."

4) Investing: 
Tax Reform: "Treasury Secretary Steven Mnuchin saying he will eliminate the carried interest tax loophole."--YouTube.com and US Senate Finance Committee hearing 10:00 am EDT, Tuesday, Sep 19, 2017,  on Business Tax Reform, a big issue for tech, internet and telecom companies.

Things the Market Does Not Care About:
  • "... Your feelings. Emotions usually get in the way of investment success but the markets have no sympathy if you get too excited, nervous, scared or greedy about your holdings. Taking things too personal is a great way to make poor decisions when money is at stake ...
  • How successful you are. Success in other areas of life doesn’t always translate into success in the markets. Personalizing your successes can set you up for failure if you become too overconfident in your own abilities ... 
  • Your political views. Markets are apolitical. They don’t care who you voted for, which cable news network you watch or what your ideological leanings are. 
  • How much money you made on your last trade. Investors have a memory but the markets do not. One winning trade has no bearing on your future trades ..."--awealthofcommonsense.com

5) ICYMI Tech News:

-- John Poole, Editor, Domain Mondo  

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