Future Eye

We all know the benefits of clean energy and still its so difficult for the people to adopt electric cars. Its been decades that the modern electric cars arrived in the market, but the market share is still well below 0.5%. I agree there are challenges with the driving range and cost. But the biggest challenge with EV is its “ low perceived value ”. Its treated like a second class citizen in the world of cars. Image by  OpenClipart-Vectors  from  Pixabay Brands like Tesla are trying to change this perception. I believe luxury cars in this segment will help in increasing the adoption of EVs among masses. Low perceived value Early models of modern electric cars were introduced in early 1990 s.  Chrysler TEVan, Ford Ranger EV, GM EV1, Honda EV  were among the first electric models. Though the technology was new but the performance was missing. None of them could go beyond 80 miles in a single charge and none of them could pick up the speed of 60 mph in less than 10...

Airline industry is the one of the hardest hit by pandemic. Lockdowns across the world have restricted people to travel. Though the nations are opening up, but the losses for airline companies continue to accrue. No, the pandemic is not the culprit alone. There are other factors which are pulling the industry down. The industry is beginning to show the signs of downfall. Photo by SLON V KASHE on  Unsplash How deep the trouble is? The fear of corona spread caused nations to enforce strict lockdowns. Even after the Airlines got the permission to open up, the industry witnessed 85% less commute in June 2020, compare to the same month last year . This is a huge decline. Airlines coming back to its normal state is a far distant dream. Vaccine will not be available before end of this year which means we still got 5 more months for the demand to continue at this rate. Will the industry be able to hold the losses by that time? When 9/11 attack happened, all the flights were grounded ...