SPECIAL SERIES: Sustainable Innovation: The Patience to Get it Right
In today’s world, “innovation” is often synonymous with “fast.” But when the stakes are high, the mission is critical, and failure is not an option, the reality is innovation can take time. That doesn’t mean the outcome is any less disruptive.
During a divisive time, how can a company inspire people to lay aside personal opinions and do something for the greater good? JetBlue has an answer.
Some aren’t happy with the way Tesla and its co-founder, Elon Musk, are responding to a fatal accident involving the company’s autonomous-driving technology. If Tesla hopes to stamp out skepticism among investors and the public, a social media pivot is in order, argues 3p’s Leon Kaye.
On paper, the Tesla-SolarCity deal is one that is easy for Wall Street analysts and business school students to pick apart. But in the long term, we could see the rise of a formidable company as solar power and energy storage get more efficient and cheaper.
Volkswagen’s future is electrically charged. Or, that’s the way the company sees it. Fresh out of court, saddled with billions in debt and still facing lawsuits, VW is looking forward. And its course may help accelerate the electric car industry as well.
Sustainability in the auto industry is now about more than fuel economy and emissions rates. Multiple stakeholders are working to make the automotive marketplace even more sustainable — and profitable. And customers are rewarding those leading the charge.
On Tuesday, Volkswagen reached a record settlement to pay up to $14.7 billion as a result of its “dieselgate” emissions scandal. Individual owners will receive $5,100-$10,000 in cash payments along with a fix or a buy-back. Is it enough?
Rough waters are far from over for German carmaker Volkswagen. This week, angry shareholders called for board resignations, while the German regulatory agency BaFin announced further investigations. And there may be even more independent probes to come.
Ford’s 2015 sustainability report is a candid summary of where the automaker is today and its goals for the future of sustainable transportation. Executive Chairman William Clay Ford summarizes the challenge as “reinventing this company to make it incredibly relevant for the next 50 years.”
Electric-scooter sharing service Scoot Networks plans to bring hundreds of new, American-made machines to the streets of San Francisco. 3p’s Phil Covington spoke with Scoot’s CEO about the expansion plan, and took a ride on one of the shiny new scooters.
The United Steelworkers union and Sierra Club joined forces on an international trade and infrastructure plan they hope will become central to the Democratic platform.
Mitsubishi estimates that the total cost of refunds to car owners in Japan who were affected by the automaker’s mileage scandal will soar as high as $600 million.
As the most recent monthly report from the U.S. EIA reveals, transportation-related emissions surpassed those from the power sector during the first two months of this year.