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Tesla Bot to address human labor shortage in the future

Teslarati

At the Wall Street Journal’s (WSJ) CEO Council Summit, Elon Musk shared some updates on the Tesla Bot and how it could alleviate human labor shortage in the future. Some parts of the globe have fertility rates higher than 2.1, like Nigeria, which has a replacement rate of 5.4. For example, Germany has a fertility rate of 1.6,

Future 145
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Volkswagen founds mobility services company in Rwanda; to begin local assembly of Polo and Passat

Green Car Congress

The objective is to provide modern integrated mobility services in Africa in future. As part of its worldwide regionalization strategy, Volkswagen is planning to expand its business presence significantly in Sub-Saharan Africa. Vehicle assembly began in Nigeria in 2015, and in Kenya in December 2016.

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Volkswagen & Siemens launch joint electric mobility pilot project in Rwanda

Green Car Congress

Africa’s youth need sustainable jobs and better prospects for a future in their home countries. As such, Volkswagen has significantly expanded its engagement in Africa with the establishment of assembly facilities and marketing activities in Kenya, Rwanda and Nigeria. Ghana and Ethiopia are planned as the next locations.

Rwanda 170
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Global billionaires unite in “Breakthrough energy coalition” to support development of zero-carbon energy

Green Car Congress

This collective failure can be addressed, in part, by a dramatically scaled-up public research pipeline, linked to a different kind of private investor with a long term commitment to new technologies who is willing to put truly patient flexible risk capital to work. Aliko Dangote, Founder and Chief Executive, Dangote Group, Nigeria.

Energy 150
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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Saudi Aramco’s investment of $300 billion in the next 10 years will, in large part, be focusing on the new technology needed to keep existing projects running while opening up new volumes in the future. But the current production increases in Nigeria, Iraq and Libya, will most probably be temporary.

Oil 186
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Is It Safe to Travel to the Bahamas? Here’s What You Need to Know.

Baua Electric

Many parts of the world are under Level 2 advisory, for reasons ranging from street crime to concerns over terrorism. Level 3, by contrast, advises Americans to “reconsider” or “avoid” travel (countries such as Egypt, Nigeria and Pakistan are now at Level 3). Dreaming up a future getaway or just armchair traveling?

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US Shale Is Now Cash Flow Neutral

Green Car Congress

The industry is now focusing on shale plays that have lower breakeven prices, namely, the Permian Basin and some parts of the Bakken. Also, hedge funds and other money managers have staked out the most bullish position on oil futures in more than two years. Weekly EIA data shows gains of nearly 300,000 bpd since the end of summer.