McKinsey, on the future of EVs and mobility, suggests it is being pre-determined via 4 major trends:* Increasing capital market support* The growing global influence of the Chinese consumer*The urgent need to reduce emissions, and* The developing skills for EV automation/productionIn this article, McKinsey & Co provide a compelling case for continuing investment in EVs and mobility, beyond most other industry sectors
“A thousand years ago, when money meant coins, China invented paper currency. Now the Chinese government is minting cash digitally, in a re-imagination of money that could shake a pillar of American power. It might seem money is already virtual, as credit cards and payment apps such as Apple Pay in the U.S. and WeChat in China eliminate the need for bills or coins. But those are just ways to move money electronically. China is turning legal tender itself into computer code.”
