22 Apr AiroAV Declare: 7 Visionaries Shaping The Future Of Transportation
LONDON, April 22, 2020 /PRNewswire/ — This is the age of wild rides that are transforming the personal transportation sector into something worth more than ever. We not only have the soon-to-be available space tourism, but we’ve also got the even more futuristic colonization of Mars, which is about transportation as much as it is about anything. Mentioned in today’s commentary includes: Virgin Galactic Holdings, Inc. (NYSE: SPCE), Apple Inc. (NASDAQ: AAPL), General Motors Company (NYSE: GM), A.P. Moller – Marsk A/S (OTCPK: AMKBY), Baidu, Inc. (NASDAQ: BIDU).
On the slightly more sober side, we’re looking at the mass monetization of electric vehicles, and finally–a ride-sharing company that’s as green as Millennials want it to be. Behind it all are seven men who have positioned themselves to transform the transportation sector, forever.
#1 Elon Musk
Musk is the man behind the electric vehicle revolution, but he’s much more than that. For a company that was once given an outside chance against deep-pocketed ICE heavyweights, Tesla is suddenly being hailed as a clean energy revolutionary and Wall Street cannot seem to get enough of the EV maker. Musk is likely to emerge with three crowns on the ground: EVs, solar, and clean energy. Each revolutionary.
It may seem easy to overlook Tesla’s solar business considering that the solar panel and battery segment brought in just six percent of the company’s revenue in 2019. But with the meteoric rise of ESG investing over the past couple of years, many companies, including traditional fossil fuel companies, have been investing in clean energy projects including solar and wind energy at an unprecedented rate. But Musk’s big picture transportation transformation bid is in outer space, through his private company, SpaceX.
In September, Musk unveiled the Starship spacecraft designed to carry 100 passengers and cargo to space. SpaceX announced test flights would start soon, with plans to land on the moon before 2022. And the private company just penned a deal with Space Adventures to fly private citizens to orbit aboard their Crew Dragon spacecraft next year.
#2 Sayan Navaratnam
While Branson, Bezos and Musk are busy with “fly-me-to-the-moon” sentiments, Sayan Navaratnam— planning to join the other transportation gurus—is quietly making moves on a more Earthly scale.
With a focus on sustainability and progress, he’s brought us Facedrive, the next-gen ride-sharing company that gives the segment’s key customer base exactly what they want: A green alternative in the fossil-fuel driven ride-sharing sector.
Millennials are driving a new mega-trend: impact-investing. Facedrive (FD.V) –the first ride-sharing company that contribute to planting a tree while you ride, and choose exactly what kind of footprint you want to leave behind.
This is a new challenge to Uber, which simply hasn’t sunk its teeth into the mega-trend of ESG investing. Musk gets it, and so does Jeff Bezos–after all, the richest man on the planet just committed $10 billion to a Global Earth Fund. Sayan gets it, too. Green stocks will eventually eclipse the current technology monopolies, and even the world’s top oil traders are going green.
The biggest disruption in the world right now–outside of the coronavirus–is that major hedge funds are giving in to the pressure and moving money into things that are environmentally and socially responsible. Just ask Larry Fink, the CEO of BlackRock–one of the world’s largest hedge funds. He says climate change has become a “defining factor in companies’ long-term prospects”. Facedrive (FD.V) caught on to the mega-trend years ago.
“We’re all about grabbing onto the biggest trends in tech before they’re mega-trends. So that takes us back to 2016, when we first came up with the idea. Whenever a major new trend emerges, it’s the job of the truly innovative to step back and say ‘OK, this is an explosively great idea – so what’s wrong with it?’ When you figure that out, and you’ve got the right network and the right people behind you, you can jump in on one of the biggest trends and disrupt a massive market at exactly the right time,” Navaratnam said.
It’s all about choice these days, and the disruption here is Facedrive’s offer of choice to the customer, who can seamlessly choose whether they want an EV or a hybrid, rather than a conventional car. And even if they choose conventional, they’re still making a green choice because the CO2 is being offset for them.
Already, Sayan is attracting huge names with Facedrive (FD.V) because it’s been recognized as the #1 eco-friendly and socially responsible TaaS (Transportation as a Service) platform. In addition to celebrities, including Will Smith and Jada Pinkett Smith, WestBrook Global Inc. is also on board. The company has even partnered with a major telecom firm to offer drivers significant discounts.
A recent study by the Union of Concerned Scientists estimates that the average (U.S.) ride-hailing trip results in 69% more pollution than whatever transportation option it displaced. 3,500 trees later, Facedrive hasn’t only latched on to the mega-trend, it has helped drive it–literally.
The news flow has been as fast as the rate of infection in the United States. In the span of only several weeks, Facedrive has announced global expansion to Europe and the United States, acquired an innovative carpooling platform called HiRide that is storming the Canadian long-distance ride-share segment
#3 Richard Branson
In February, Branson’s Virgin Galactic (SPCE) launched its new “One Small Step” qualification process, which means that for $1,000, the most serious about flying to space can buy their way to the front of the line for reservations on a space flight whose timing and price remains elusive still, even though tickets for the inaugural flights have earlier been priced at $250,000 apiece.
So far, 7,957 people have signed…