Tony D'Onofrio
Why EV Sales Are Falling | CNBC
- March 02, 2024
CNBC Marathon explores the decline of electric vehicle sales and its implications. In August 2023, it took about twice as long to sell an EV in the U.S. as it did the previous January.
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It is a Small World
“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
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Retail’s Hidden Advantage: How RFID & Computer Vision’s Radically Improve Operational Improvements
Companies that are already using RFID technology in our study averaged profit growth in 2023 that was 57% higher than those who do not. And they are expecting their profits in 2024 to be 88% higher than those not already using RFID. Companies are 34x more likely to use computer vision already and 35% more likely to invest in computer vision in 2024 than below average performers. - From IHL Services Read more
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