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Why The Survival Of Traditional Carmakers Is Far From Certain

In theory, nobody knows more about making cars than the traditional internal-combustion-engine (ICE) carmakers, and so EVs made by these companies should be the ones busying our streets a decade from now. But the transition from ICE cars to EVs is not just a technological shift within a domain, like the transition from two-wheel-drive sedans to four-wheel-drive SUVs. This is a radical shift into a new domain and the success of ICE car manufacturers in this new domain is anything but guaranteed.

The World Needs Commercial Electric Vehicles Now

Financing and clean energy leadership from companies such as Ideanomics* point toward a future of decreasing carbon emissions alongside reliable economic growth. Commercial EV conversion offers a way to significantly help the environment. It should be supported legislatively in order to smooth the necessary transition away from fossil fuels in every developed country in the world. China can lead the way.

And So It Begins: World’s 11th-Biggest Economy Pitches Renewable Energy For COVID-19 Recovery

The COVID-19 outbreak has provided one last opportunity for fossil fuel stakeholders to beat back the renewable energy revolution. One especially interesting example is the notorious Keystone XL tar sands oil pipeline. The once-dormant project suddenly sprang into action last week, while protesters have been sidelined by the virus. That may be so, but the window for fossil fuels is already narrowing and it’s about to slam shut. Key US states are already taking action to accelerate their renewable energy plans, virus or no virus.