Seven reasons why the Internal Combustion Engine is a dead man walking

| September 18, 2019

The age of the Internal Combustion Engine (ICE) is over. Electric cars are the future. The transition has just begun, but the move from ICE vehicles to Electric will happen sooner and more quickly than most people suspect. What are the factors that lead me to say this with such confidence? However, China has passed a law which requires any vehicle maker to obtain a new energy vehicle score of at least 10% by 2019, which rises to 12% by 2020, and on up to 20% of sales by 2025. As a result of this announcement, all the major OEM’s have suddenly found EV religion.
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Lazada Group

Launched in 2012, Lazada has grown rapidly to include over 7,000 full-time employees in the region, with operations in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, and a sourcing center in HongKong that drives cross-border marketplace activities. Lazada has earned the trust and financial backing of key investors Tesco, Temasek, J.P. Morgan, Verlinvest, Investment AB Kinnevik and Rocket Internet. Revolutionizing the way we shop, and perform online transactions across the region, Lazada has an online footprint of approximately 4 million daily visits to its websites, and the largest Facebook following in Southeast Asia with over 12 million fans.

Spotlight

Lazada Group

Launched in 2012, Lazada has grown rapidly to include over 7,000 full-time employees in the region, with operations in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, and a sourcing center in HongKong that drives cross-border marketplace activities. Lazada has earned the trust and financial backing of key investors Tesco, Temasek, J.P. Morgan, Verlinvest, Investment AB Kinnevik and Rocket Internet. Revolutionizing the way we shop, and perform online transactions across the region, Lazada has an online footprint of approximately 4 million daily visits to its websites, and the largest Facebook following in Southeast Asia with over 12 million fans.

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