Importance of Accelerating EV Adoption To Reduce CO2 Emissions, Using Kenya As An Example

5 years ago Remeredzai Joseph Kuhudzai 0 Comments

It’s clear to see that by increasing the penetration of electric vehicles every year, EV adoption will displace a significant amount of CO2 in Kenya. Kenya’s grid is already powered by a generation mix that is 93% renewable, thanks to significant contributions from geothermal, hydropower, wind, and some utility-scale solar plants. And since 39% of CO2 emissions in Kenya are from the transport sector, the transition to electromobility is the best route to reducing these emissions.

Jefferies Practically Doubles Its Price Target On Tesla [TSLA]

5 years ago Johnna Crider 0 Comments

Jefferies just came pretty close to doubling its price target on Tesla, CNBC has reported. Analyst Philippe Houchois raised Tesla’s price target to what is known as a “Street high.” This number is $1,200 and it is a jump from the previous target of $650. The belief is that COVID-19, the disease that many thought was going to harm Tesla and its stock, did the opposite. It accelerated the transition to EVs and renewables.

Tritium & EvGateway Bringing EV Fast Chargers To More Places

5 years ago Cynthia Shahan 0 Comments

For EV drivers, every new support system, every new facility, and especially those fast charging stations with enough charging ports for each EV driver pulling up to charge, are immensely appreciated. That first sigh of relief — “Oh, I found you” — quickly followed by, “and you’re working!” If you’re in luck, that’s followed by, “You’re are working fast!” A new partnership will bring about that series of responses to many more people.

Elon Musk Uses Economies of Scale & Vertical Integration to Revolutionize Auto Industry

5 years ago Guest Contributor 0 Comments

When economics professors explain the concept of an industry with high “barriers to entry,” the examples they usually reach for are automobiles and space flight. Setting up a lemonade stand (or, these days, a software company) may be child’s play, but the complexity and massive capital requirements of the “metal-bending industries” have kept them more or less closed shops for as long as they’ve existed.