Tag: 2030:
2 top penny shares I’d buy to hold until 2030!
These hot penny shares couldn’t be more different from each other. But I think both have the potential to deliver exceptional shareholder profits.
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Hyundai Motor to invest $18B in South Korea’s EVs by 2030
Hyundai Motor Group will invest 24 trillion won (~$18 billion) in South Korea’s electric vehicle industry through 2030, the company said Tuesday. The news comes a week after Kia, which falls under the Hyundai umbrella, announced its own 32 trillion won (~$24 billion) investment into electrification and future business areas. Hyundai’s investment plan was revealed […]
Hyundai Motor to invest $18B in South Korea’s EVs by 2030 by Rebecca Bellan originally published on TechCrunch
All Brits set to have access to 5G internet by 2030 amid £40m funding boost
EVERYONE in Britain will have access to superspeed 5G internet within seven years, the Technology Secretary pledges today.
Michelle Donelan said her 2030 target to “blanket the country with the fastest, most reliable wireless coverage available” is backed by a £40million funding boost.
Up to 35,000 families in remote areas will be given money to connect with orbiting satellites for ten times quicker broadband than now.
Around 77 per cent of homes have basic 5G, but ministers want the entire population to access the improved “standalone 5G”.
Ms Donelan said: “Our Wireless Infrastructure Strategy sets out our plan to ensure everyone, no matter where they live, can reap the benefits of improved connectivity.
“All populated UK areas will be served by 5G-plus technology by 2030.”
“We are also committing £8m to provide satellite connectivity for our most remote communities so that no one is left behind.”
And £100million has been earmarked to develop 6G technology.
Just like 4G (and 3G before that), 5G is a new generation of internet.
Phone networks have tweaked the technology to deliver faster speeds – and have dubbed it the “5th generation”, or 5G.
Online conspiracy theorists have claimed that 5G can cause harm.
Early theories suggested 5G could lead to cancer – and crackpots have linked it to coronavirus too.
But it’s simply impossible for 5G to cause any of these problems.
Honeywell expects air-taxi growth to boom in 2030 after limited use
Government-backed digital money to represent $213B in payments by 2030
The global value of central bank digital currencies (CBDCs) will grow dramatically from $100 million today to $213 billion by 2030, once the virtual money gains greater adoption for domestic payments, according to new data from Juniper Research.
By 2030, 92% of the total value transacted through CBDCs around the world will be paid domestically, as cross-border payment systems face an uphill battle for adoption, Juniper predicted.
6.1% dividend yield! A FTSE 250 stock to buy & hold until 2030
I’m searching for bargain passive income opportunities to buy today. And this high dividend yield stock may be set to provide lucrative returns.
The post 6.1% dividend yield! A FTSE 250 stock to buy & hold until 2030 appeared first on The Motley Fool UK.
NYC wants all Uber and Lyft cars to be electric by 2030
It might not be long before every ridesharing car in New York City is electric. Mayor Eric Adams has outlined an agenda that will require “high-volume for-hire” vehicles at Uber, Lyft and similar companies to be zero-emissions by 2030. There will be “no new costs” for drivers, the administration says. The initiative would build on the city’s plans to electrify its own fleet.
Adams didn’t detail how this transition would take place. The Vergenotes that the Taxi and Limousine Commission, which already regulates NYC ridesharing, would likely be responsible for implementing the EV strategy.
At least some companies are already onboard with the idea. Uber “applaud[s]” Adams’ plan, according to a statement, while Lyft says it’s “excited” to work with the city. It’s not a difficult target for them, however. Uber and Lyft were already planning to go completely electric by 2030. They also have programs in place to encourage EV adoption across the US, such as Uber’s rentals through Hertz as well as Lyft’s incentives. Pressure elsewhere might also leave services with little choice. California will require that most ride-hailing cars are EVs by 2030, for instance.
Drivers may face challenges, however. EVs are currently more expensive than their combustion engine counterparts, and workers may have trouble affording them even if the maintenance costs are ultimately lower. EV prices are declining, but it may be a while yet before they’re truly affordable to a driver base struggling to improve pay.
There’s also the question of infrastructure. A 2022 study led by the National Renewable Energy Laboratory estimated that NYC would need over 1,000 150kW fast charging stations to adequately power 20,000 rideshare and taxi cars, even if 15 percent of drivers could top up overnight. The mayor’s proposal would electrify “100,000-plus” rides — the city may need a major investment in charging facilities to make the switch.