{"id":603465,"date":"2019-04-23T03:59:36","date_gmt":"2019-04-23T03:59:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/the-emerging-cars-of-the-future-but-will-they-actually-save-the-planet\/"},"modified":"2019-04-23T03:59:36","modified_gmt":"2019-04-23T03:59:36","slug":"the-emerging-cars-of-the-future-but-will-they-actually-save-the-planet","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/the-emerging-cars-of-the-future-but-will-they-actually-save-the-planet\/","title":{"rendered":"The emerging cars of the future \u2014 but will they actually save the planet?"},"content":{"rendered":"<p><b>The emerging trend in the auto industry is promising \u201celectrification, automation, and connectivity,\u201d<\/b> with more and more players racing to reinvent the wheel, Nick Stockton <a href=\"https:\/\/www.wired.com\/story\/future-of-transportation-rivian-auto-tech-boom\/\">writes for Wired<\/a>. Rivian, founded in 2009 in Florida as Mainstream Motors, is attempting to combine elements from both the old and the new. It involves licensing an all-electric engine, dubbed the \u201cskateboard,\u201d to other makers to build cars on top of it, much like Karl Benz did when he successfully fired the world\u2019s first practical vehicle. The latter part, meanwhile, involves using skateboard in-house to access a largely untapped part of the EV industry: luxury pickup trucks.<\/p>\n<p><b>Rivian is but one of many non-traditional players in the EV market: <\/b>Last January, <a href=\"https:\/\/www.reuters.com\/article\/us-autoshow-detroit-electric-exclusive\/exclusive-vw-china-spearhead-300-billion-global-drive-to-electrify-cars-idUSKCN1P40G6\">Reuters predicted<\/a> that companies like VW will invest some USD 300 bn in EV tech over the coming 5-10 years. A significant chunk of this will go into direct partnerships with lesser-known, slightly unorthodox companies that are all-in for future auto industry tech. GM acquired autonomous vehicle company Cruise, Amazon invested USD 700 mn in Rivian, and Alphabet, Apple, Uber, and Cisco all have their \u201ccar-of-the-future\u201d spinoffs.<\/p>\n<p><b>Before you rush to by your electric car thinking you\u2019re helping to save the planet:<\/b> <a href=\"http:\/\/www.cesifo-group.de\/ifoHome\/presse\/Pressemitteilungen\/Pressemitteilungen-Archiv\/2019\/Q2\/pm_20190417_sd08-Elektroautos.html\">A recent publication<\/a> by a trio of experts Germany\u2019s Ifo Institute suggests that electric cars may not be quite as clean a form of transportation as we thought. Taking into account CO2 emitted during the production process, the scientists believe that EV\u2019s may in fact be more polluting than their diesel equivalents, potentially leading to between 11-28% more emissions in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The emerging trend in the auto industry is promising \u201celectrification, automation, and connectivity,\u201d with more and more players racing to reinvent the wheel, Nick Stockton writes for Wired. Rivian, founded in 2009 in Florida as Mainstream Motors, is attempting to combine elements from both the old and the new. It involves licensing an all-electric engine, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":603466,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[144,72,7125,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-automotive","tag-enterpriseam","tag-environment","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"f0d791a5-d335-441a-a256-45e53cbe1bc9","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/4\/2094.jpg","photo_position":"above","related_issue":[603445],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The emerging cars of the future \u2014 but will they actually save the planet? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/23\/the-emerging-cars-of-the-future-but-will-they-actually-save-the-planet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The emerging cars of the future \u2014 but will they actually save the planet?\" \/>\n<meta property=\"og:description\" content=\"The emerging trend in the auto industry is promising \u201celectrification, automation, and connectivity,\u201d with more and more players racing to reinvent the wheel, Nick Stockton writes for Wired. Rivian, founded in 2009 in Florida as Mainstream Motors, is attempting to combine elements from both the old and the new. 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With investors betting on growing demand for cleaner cars, EV-makers have become stock market darlings, and BofA predicts the sector will see growing investments in the EV space\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550499,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/03\/ev-startups-attracted-plenty-of-investor-interest-but-need-to-actually-start-manufacturing\/","url_meta":{"origin":603465,"position":1},"title":"EV startups attracted plenty of investor interest \u2014 but need to actually start manufacturing","author":"enterpriseam admin","date":"3 April 2022","format":false,"excerpt":"EV startups need to prove they were worth the risk \u2014 and actually manufacturing vehicles is probably a good starting point: The green transition that has gathered steam over the past few years, with the global consensus being that the future of on-land transport will be EVs, leading to investors\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/424.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551568,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/27\/evs-are-set-to-get-more-expensive-due-to-a-surge-in-battery-prices-people-in-ems-were-better-at-saving-than-those-in-developed-countries\/","url_meta":{"origin":603465,"position":2},"title":"EVs are set to get more expensive due to a surge in battery prices + People in EMs were better at saving than those in developed countries","author":"enterpriseam admin","date":"27 June 2022","format":false,"excerpt":"Looking for an EV? Your pocket won\u2019t like it: Auto makers have been hiking prices on EVs in the past few months due to a surge in battery-material expenses, The Wall Street Journalreported. Several manufacturers, including General Motors, Tesla, Ford, Motor Co, Rivian Automotive and Lucid Group have raised prices\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/498.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545671,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/07\/meet-aly-eltayeb-ceo-of-the-startup-that-wants-to-transform-our-streets-and-help-save-the-environment-in-the-process\/","url_meta":{"origin":603465,"position":3},"title":"Meet Aly Eltayeb, CEO of the startup that wants to transform our streets \u2014 and help save the environment in the process","author":"enterpriseam admin","date":"7 April 2022","format":false,"excerpt":"Electric mobility startup Shift EV has closed a total of USD 9 mn in funding, putting it on the road to transform the EV landscape not just in Egypt, but across emerging markets with home-grown battery technology. Cairo-based Shift\u2019s Series A round was joined by existing investors Union Square Ventures,\u2026","rel":"","context":"In &quot;Coffee with\u2026&quot;","block_context":{"text":"Coffee with\u2026","link":"https:\/\/enterpriseam.com\/egypt\/coffee-with\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555366,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/11\/this-morning-whats-happening-with-aldar-adqs-play-for-sodic-us-inflation-at-30-year-high-deadline-for-anghami-spac-merger\/","url_meta":{"origin":603465,"position":4},"title":"THIS MORNING: What\u2019s happening with Aldar-ADQ\u2019s play for SODIC? US inflation at 30-year high; Deadline for Anghami SPAC merger.","author":"enterpriseam admin","date":"11 November 2021","format":false,"excerpt":"Good morning, wonderful people. We\u2019ve nearly made it through another workweek together, and our reward is a blockbuster issue on a morning that\u2019s simply jam-packed with news.SOMETHING THAT DELIGHTED US this morning: EFG Hermes is hosting a PHYSICAL One on One. Save the dates went out yesterday for the sixteenth\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599644,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/06\/electric-cars-were-hot-many-decades-before-tesla\/","url_meta":{"origin":603465,"position":5},"title":"Electric cars were hot many decades before Tesla","author":"enterpriseam admin","date":"6 January 2019","format":false,"excerpt":"**#8 Electric cars were around almost as long as gas guzzlers. 171 years to be exact: They may be viewed as \u201chipster\u201d today, but electric cars first made their debut long before your parents or even your grandparents were born.Half a century before present-day gas-fueled cars were invented, eventually taking\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/1803.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/603465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=603465"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/603465\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/603445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/603466"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=603465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=603465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=603465"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=603465"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=603465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}