Brook Porter, a partner at Kleiner Perkins and founding partner at the venture fund G2VP, tells Business Insider that buses will be the first transportation sector to go all-electric.simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.
Porter is betting on it. His venture fund G2VP was one of seven investors involved in a $155 million funding round for the electric bus company Proterra. It sounds counterintuitive. Buses are heavy, they travel long distances, and they're not as flashy as electric cars and trucks. How could they possibly lead the electric vehicle revolution? In 2018, at least 10% of new bus purchases in the US were electric, according to the nonprofit CALSTART.
Porter, who's a chemical engineer by training, started with a question:"Where is the internal combustion engine weakest relative to an electric motor?"
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here are the articles of impeachment against Trump and what each one means - Business InsiderThe House Judiciary Committee is poised to vote on the articles within the week, and the full House is expected to hold a vote before Christmas. This means Trump could be impeached before the end of the year. Has anyone heard from the witness yet? Asking for America. I am impreached too...by a laughing mob, some driving Mercedes on wrong jungle criterions...I don't live in the romanian small mating universe...in a place... Before year end OK, but not out of office until he's found guilty at the Senate
Source: BusinessInsider - 🏆 729. / 51 Read more »
How controversial YouTuber Tana Mongeau makes money: talent manager - Business InsiderJordan Worona, who manages YouTube stars like Tana Mongeau, spoke to Business Insider about the business behind controversial content on YouTube. Fake drama and fake personalities LMAO 'YouTube star'!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon says its Nitro tech makes its cloud superior to Microsoft Azure - Business InsiderAmazon thinks its cloud is 'objectively superior' to Microsoft's because it has a custom chip called Nitro. Here's everything Amazon says the Pentagon missed with JEDI. Pied Piper
Source: BusinessInsider - 🏆 729. / 51 Read more »