Another school in the United States that has been attended by several royals over the years is the Deerfield Academy in Massachusetts. With a tuition fee of more than $55,00 -- that could buy you a luxe apartment in Mumbai’s upscale locales. It does not come as a surprise that King Abdullah II of Jordan was a pupil of this school. … [Read more...] about You could buy a luxury car with annual tuition fees paid by royals
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Interestingly, a lot of mayors are willing to give up parking spaces for gasoline vehicles to improve electric vehicle infrastructure, though this was split along party lines, with 78% of Democratic mayors and 40% of Republican mayors in support of this change. That’s a win for the environment, but it’s still prioritizing cars on city streets. Getting people to challenge car culture is going to be really important going forward, Einstein says. “We hope that mayors can see these results and say, ‘Huh, maybe I need to think more critically about how I treat parking spots in cities,'” she adds. Still, it’s clear it’s not just mayors who are still idolizing cars, and if they’re going to change anything around how vehicles fit into their cities, Americans need to be willing to let go of their cars a little bit, too. … [Read more...] about U.S. mayors like the idea of being less car-focused but hate the policies that could make it happen
Canoo also hopes to woo more drivers with a subscription model. Instead of selling or leasing cars; customers pay a monthly fee that includes maintenance, registration, access to insurance and charging, and 24/7 use of the vehicle. (In the future, the company may also offer part-time subscriptions.) By using subscriptions, the company plans to avoid the legal requirement to have a dealership for automakers that sell cars directly. Not using dealerships and not having brick-and-mortar buildings will save 18% to 20% of the cost of the car, Kranz says. … [Read more...] about Could this very odd-looking electric car convince you to ditch your SUV?
If we indeed get 2 billion vehicles on the road by 2035, and electric cars continue to grow in market share, the world will soon be full of old batteries that will need to go somewhere. Tesla could have a backup battery plant that takes them as-is to live a second life. Meanwhile, all that solar energy shining down from Tesla Solar Roofs funnel into these backup battery plants–plants we need simply to stop the grid from overloading from all that solar! The power goes straight back into Tesla cars–which incidentally, could also be used as a fleet of smart batteries to draw and provide power to the grid. (Nissan is actually piloting such a program with its Leaf EV.) … [Read more...] about Tesla Is Betting On Scarcity, Not Luxury
There are many foreign-owned and controlled NBFCs which are impacted by these provisions. There are captive NBFCs, which are wholly-owned subsidiaries of foreign operating companies (like automakers), which offer loans to customers to purchase the merchandise of their holding companies. Even foreign banking groups and financial institutions, wanting to render services permitted under the NBFC regulations have set up shop in India. These NBFCs predominantly rely on their foreign group entities to either directly fund or guarantee the funding of their operations and are thus hit by the thin capitalisation provisions. … [Read more...] about Budget 2020: NBFCs expect exception from thin capitalisation rules