By Kristian Elset Bø & Brayden Gerrard
Over the last decade, Tinder has redefined the online dating industry. The app has proven especially popular among young people, with three quarters of those ages 18 to 24 report using the app at one point. Bumble is a distant second, with 31% of people using it.
Tinder differentiated itself through a simple swiping format which has since been copied by numerous competitors. This format stood in stark contrast to early dating sites like eHarmony, which featured long, time-consuming questionnaires that matched users based on personality compatibility. …
Electric vehicles are on the rise. In some countries (especially in Europe), they’re already becoming a common sight on roads.
Yet, how consumers will charge their vehicle remains one of the largest barriers to adoption. In a recent Consumer Reports survey, a lack of public charging stations was the most common concern among the public (over 48% of respondents).
In light of this, many jurisdictions are using policy to increase charging options for consumers. A growing group of people advocate for charging stations to be paired with gas stations — and this approach seems to be picking up traction.
Leading automakers are increasingly taking note of the disruptive potential of electric vehicles. Lately, some automakers have started to admit they don’t see a future for their traditional gas-powered cars. Volvo recently announced their intentions to turn their entire line-up electric by 2030, a sign of optimism about the future of electric vehicles. While this remains a bold move, Volvo isn’t the first to make an announcement of this type.
Jaguar was actually more aggressive, announcing their intention to go all-electric by 2025. But the highest profile announcement came from General Motors, one of the largest automakers in the world…
Electric vehicles are on the rise. Electric cars were less than 1% but total sales in 2016, but have risen to over 4% in 2020. Bloomberg New Energy Finance estimates that by 2040, electric vehicles (EVs) will represent the majority of new vehicles sold. Yet, in one unlikely Scandinavian country electric vehicles already dominate the market.
Norway has become the canary in the coal mine for electric vehicle adoption. In January, 80% of vehicles sold plugged in and over half were all-electric. Yet, Norway seems like an unlikely candidate to lead in this sector. …
The sudden emergence of COVID-19 caused arguably the most sudden economic shock seen in over one hundred years. Unemployment rose to levels not seen since the Great Depression. The Federal Reserve kicked into action, re-starting Quantitative Easing programs that had been on the shelf since the aftermath of the 2008 recession as well as a number of new programs.
While there are innumerable ways to measure the impacts of the recession, I believe the unemployment rate conveys the suddenness of everything the best. Compared to the gradual build-up of the 2008 recession, the COVID spike is vertical.
In 2020, the electric vehicle (EV) market broke through barriers. For the first time ever, the share of cars sold that were electric crossed 4% globally. Despite some growing competition from both established automakers (like VW) and new start-ups (like Nio), Tesla still leads the electric market by a fairly wide margin and more recently, they’ve become the largest automaker in the world by market capitalization.
Yet, somehow this doesn’t adequately convey the impact Tesla has had on the electric vehicle industry — or the automobile industry as a whole.
In late 2010 and early 2011, the first mass-produced electric…
Despite the global economic down-turn caused by the COVID crisis, electric vehicles (EVs) had a strong year. Sales grew 43% year-over-year to 3.2 million vehicles in 2020. Better yet, market share increased from 2.5% in 2019 to 4.2% in 2020.
The first modern electric vehicles came to market in 2010. It wasn’t until 2017 that electric vehicles made up even one percent of vehicles sold globally. At this pace, electric vehicles will continue to swallow an ever-larger portion of the global market.
In 2020, electric vehicles (EVs) had a great year. Globally, they represented over 4% of new vehicle sales for the first time ever and have exhibited strong growth year-over-year.
While the progress we’ve seen is impressive, there are several factors that will accelerate EV growth even further. Sooner or later (more likely sooner), EVs are set to overtake gas cars and become the future of personal mobility.
One of the main impediments to EV adoption is a lack of charging infrastructure: road trips were often difficult, and if you couldn’t charge at home, EV ownership would be difficult. However, things…
In the NBC series The Office, regional manager Michael Scott is widely viewed as an incompetent boss. It is true that Michael has many weaknesses that no hinder his effectiveness as a manager. Michael is often crude and offensive. He is also often shown to be relatively unintelligent, and his stunts distract his office from work on a regular basis. However, despite his many questionable traits, Michael still has qualities that overcome his weaknesses and make him a highly effective manager.
Despite the hilarious content matter, this article is not (entirely) a joke. …