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Major cities relax license plate control to spur sales 2020-03-27
SHANGHAI – With a big push from President Xi Jinping, large cities across China have finally started to loosen limits on new-vehicle sales. The measures are designed to provide relief for carmakers and dealers after new-vehicle sales tumbled 82 percent in February and struggle to gain traction in March. China’s major cities are densely populated. More than 10 of them have imposed quotas on new-veh...
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Coronavirus May Mean Automation Is Coming Sooner Than We Thought 2020-03-23
We’re in the midst of a public health emergency, and life as we know it has ground to a halt. The places we usually go are closed, the events we were looking forward to are canceled, and some of us have lost our jobs or fear losing them soon. But although it may not seem like it, there are some silver linings; this crisis is bringing out the worst in some (I’m looking at you, toilet paper hoarders...
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For a Bright Future of Work, We Must Get Better at Collaborating With Machines 2020-03-20
A Quick Look Back Theoretically, workers have been on the fast track to obsolescence since the Luddites took sledgehammers to industrial looms in the early 1800s. In 1790, 90 percent of all Americans made their living as farmers; today it’s less than 2 percent. Did those jobs disappear? Not exactly. The agrarian economy morphed, first into the industrial economy, next into the service economy, now...
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By 2040, more than half of new cars will be electric 2020-03-16
Electric cars make up only a tiny fraction of the automobiles sold worldwide, but that will change quickly, according to an analysis by Bloomberg New Energy Finance. By 2040, electric cars could make up 57% of all passenger car sales worldwide, the report found. That's up two percentage points from BNEF's 2040 projection last year. Electric vehicles will make up a similar percentage of light comme...
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Benefits of Electric, Self-Driving Vehicles 2020-03-09
1. Lower Personal Transportation Costs The traditional rule of thumb to determine a car’s affordability was that its total cost – including a 20% down payment, loan term of no more than four years, and payments, interest, and insurance – should be no more than 10% of your annual income. However, this rule is becoming harder and harder for the average consumer to follow. As a result of higher price...
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More than half of Taiwan-funded enterprises in China resume work,Medical epidemic prevention and people's livelihood security enterprises basically restored production capacity 2020-03-06
As the Covid-19 epidemic is gradually brought under control, the progress of Taiwan-funded enterprises in various parts of China to resume work and resume production has accelerated. According to statistics from the Taiwan Affairs Office of various regions, there are about 26,000 Taiwanese-funded enterprises returning to work in 11 provinces and municipalities, among which Guangdong, Shanghai, Zhe...
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