Scramble begins for the vast financial prize of electric vehicles
Morgan Stanley is betting that electric cars will corner 70pc of the European vehicle market by the middle of century, leading to a drastic upheaval for the power sector and scramble for dominance of lucrative new technologies. Global banks in London and New York are no longer debating whether the switch-over will occur. Research reports
The U.K. Wants to Lead World in Driverless and Electric Vehicles
The U.K. government plans to invest more than 800 million pounds ($1 billion) in new driverless and zero-emission vehicle technology as it seeks to boost its economy while leaving the European Union. Investment in research and new recharging infrastructure is intended to make Britain a “leader” in electric and autonomous vehicles, Queen Elizabeth II said
READ MORE