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A combination of a delicate natural environment and increasing poverty is encouraging the son of a billionaire business founder to improve their company’s sustainable and social efforts.

Property group Alliance Global is based in the Philippines, which — being an archipelago of more than 7,000 islands — is particularly susceptible to the effects of climate change, as CEO Kevin Tan described.

“We’re located in a very unique and rather precarious geographic location,” Tan said. “Every year, we experience several calamities, ranging from simple tropical depressions to typhoons to even prolonged droughts and dry spells … In recent years, we have actually seen these occurrences happen more frequently, and with a much higher ferocity,” he added.

Founded by Tan’s father Andrew Tan in 1993, Alliance Global operates in real estate, hospitality and food, with assets including casino and hotel complex Resorts World Manila, and the world’s largest brandy distiller, Emperador. It is also the main McDonald’s franchise holder in the Philippines, via its Golden Arches Development Corporation.

Alongside this, the country has a poverty problem: The World Bank estimates that there will have been 2 million more poor Filipinos in 2020 than there were in 2018 due to the coronavirus pandemic, per a June report — the country has a total population of 108 million.

And according to Tan, a shifting population is also putting pressure on resources. “(There is an) uneven sort of distribution of population growth towards the urban centers versus the rural centers of our country. And … it poses several challenges — among them is really this unequal distribution of economic opportunities,” he said.

The Philippines’ environmental and economic issues spurred Alliance Global to identify two goals: becoming carbon neutral by 2035 and creating 5 million jobs, either directly or indirectly, by the same date. “We decided we wanted to be … better corporate citizens,” Tan said. However, the pandemic meant that the firm extended its deadline for both from 2030. “Nothing could have prepared us for this. I have to admit, yes, of course we had to step back a bit, because we were on survivor mode for the most part of last year and even until today, we’ve had to recalibrate our entire business model. We’ve had to … reduce our costs,” Tan explained.

Alliance Global’s Emperador is the world’s largest brandy distiller.
Jay Directo | AFP | Getty Images

The firm’s net income reduced by 62% year-over-year to 10.3 billion pesos ($216 million) in 2020, although several of its businesses recovered during the fourth quarter. McDonald’s revenue went up 36% compared with the previous quarter, while liquor sales at Emperador rose 42% over the same period.

Making its alcohol operations more environmentally-friendly has been a focus for Alliance Global: At Emperador the firm uses biogas created from the distilling process to fuel its boilers. In turn, the boilers produce steam, which powers turbines and creates electricity. Around 30% of the company’s distillery operations are powered this way, while vineyards producing grapes for its Fundador brandy in Spain use a process called deficit irrigation, where only the areas that need water are given it.

When it comes to economic development, Tan said the company’s Megaworld “township” residential and office complexes are creating jobs. He singled out Iloilo, a development on the Philippines’ Panay Island, where there is a focus on business process outsourcing (BPO), a practice where firms contract some of their operations to external suppliers. Such BPO companies are growing — and they need office space, Tan said. “Traditionally, the BPO sector was dominated by health care, travel, and financial services. Because of the pandemic, new industries have been introduced to outsourcing, for example logistics, technology, and e-commerce,” he explained.

Alliance Global is also looking to reduce waste in its developments. “We collect all the plastics from all of our developments, from all of our communities, we put them together and … cement factories, they take this plastic and use it as fuel,” Tan said.

Tan claimed the firm now looks at a “triple” bottom line. “Profitability is obviously still very important … But when we look at things now, we look at … not just having a singular bottom line, but having a triple bottom line, and that now includes, of course, environmental sustainability, as well as our social impact.”

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CEO says Ford is ‘getting close’ to Level 3 autonomous driving that enables ‘hands and eyes off’

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CEO says Ford is 'getting close' to Level 3 autonomous driving that enables 'hands and eyes off'

In a recent interview, Ford CEO Jim Farley discussed the American automaker’s progress in autonomous driving, stating that it has achieved Level 3, which allows drivers to take their hands off the wheel and eyes off the road. However, it’ll still be a while before Ford customers get to test it out.

Autonomous driving remains a hot topic in the world of EV innovation, but much like the 1960s vision of a post-millennium future full of flying cars, true self-driving vehicles are taking much longer to come to reality than anticipated.

Despite its name, Tesla’s “Full-Self Driving” feature is not even close to the Level 4 standard that truly represents such capabilities. In fact, Tesla’s Autopilot is not even Level 3 by SAE standards; the only automaker to deliver vehicles with that level of autonomy is Mercedes-Benz and its Drive Pilot ADAS. Still, that feature is only authorized to operate on approved highways in the US at speeds below 40 mph.

Level 3 autonomy means the driver can take their hands off the wheel and their eyes off the road, and the car will be in control (and liable for any accidents). Most automakers, like Ford, have achieved Level 2 autonomous driving, which enables hands-free but eyes up.

In fact, Ford’s BlueCruise won Consumer Reports’ top spot for driver assistance systems in 2023, beating out GM’s Super Cruise. Tesla placed seventh. Recently, Ford CEO Jim Farley shared an update on the automaker’s progress in autonomous driving, which has already reached Level 3 at the prototype stage.

Ford autonomous
Ford’s Level 2 BlueCruise autonomous driving feature / Source: Ford Motor Company

Ford CEO: Level 3 autonomous driving coming in 2026

In a recent interview with Bloomberg TV, Ford CEO Jim Farley relayed that the company has already been testing out Level 3 autonomous driving, and the technology is about two years away from making its way to passenger EVs. Per Farley:

We’re getting really close. We can do it now pretty regularly with a prototype, but doing it in a cost-effective way is just the progress we’re going to need to make.

Level 3 autonomy will allow you to go hands and eyes off the road on the highway in a couple years so then your car becomes like an office. You could do a conference call and all sorts of stuff.

Farley didn’t share any details of how Ford intends to achieve Level 3 autonomous driving or whether the automaker is exploring LiDAR or vision camera technologies… or both. In 2022, Ford absorbed its autonomous driving arm, Argo AI, stating that full self-driving was too far off.

Given the quick success of hands-free driving through Level 2 ADAS, Level 3 feels like a natural next step for the industry and feels much more plausible than full autonomy being promised by other automakers. All eyes will be on 2026 to see if Ford can deliver a mass-market EV with Level 3 autonomous driving capabilities.

We will keep enjoying hands free driving with BlueCruise, Super Cruise, and Autopilot until then.

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Steep discounts boost EV registrations in April as Toyota, Ford, Rivian lead growth

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Steep discounts boost EV registrations in April as Toyota, Ford, Rivian lead growth

Ford, Rivian, and Toyota led the growth in April as US EV registrations perked up. The growth comes after drastic price cuts and other incentives led to over $10,000 in savings on some models.

Despite talk of cooldown, electric vehicle sales are still growing. Leading EV brands, except Tesla, saw significant growth in April 2024 registrations compared to the previous year.

According to new S&P Global Mobility vehicle data (via Automotive News), EV registrations were up 14% in April. With 102,317 electric cars registered in April, EVs accounted for 7.4% of total light-vehicle registrations.

EVs outpaced the overall light-vehicle market, which had a 7.3% gain. The report notes that the growth was driven by “bonus cash, subsidized financing and lease deals,” as many EV prices reach price parity with their comparable ICE models.

“Automakers are bringing EV prices down to the ICE level and it’s moving the merchandise,” according to Tom Libby, associate director of industry analysis at S&P Global Mobility.

April-EV-registrations
2024 Ford F-150 Lightning Flash (Source: Ford)

Significant deals charge up April EV registrations

Several electric models had double-digit registration growth in April compared to the year before. Leading the way was Toyota’s bZ4X, with 4,666 registrations, up 646% YOY.

However, to be fair, Toyota only sold 625 bZ4X models last April after a slow ramp-up following a recall in 2022 that halted production.

April-EV-registrations
Ford Mustang Mach E at a Tesla Supercharger (Source: Ford)

Ford’s Mustang Mach-E had the second-highest growth at 287%. In April, 5,538 Mach-Es were handed over, up from 1,384 last year. The growth comes after Ford slashed prices and introduced new lease incentives earlier this year.

The Ford F-150 Lightning, America’s best-selling electric pickup, had 96% more registrations (2,509 vs 1,282) in April than the year before. Ford also introduced significant incentives on the EV pickup.

Place Top 10 EV models in April April 2024 Registrations April 2023 Registrations % Change YOY
1 Tesla Model Y 32,922 34,542 -4.7%
2 Tesla Model 3 8,912 19,844 -55.1%
3 Ford Mustang Mach-E 5,358 1,384 +287.1%
4 Toyota bZ4X 4,666 625 +646.6%
5 Hyundai IONIQ 5 4,078 2,117 +92.6%
6 Rivian R1S 2,855 1,259 +126.8%
7 Ford F-150 Lightning 2,509 1,282 +95.7%
8 Tesla Cybertruck 2,181 0 N/A
9 Kia EV6 2,178 1,124 +93.8%
10 Tesla Model X 2,094 1,883 +5.8%
Top ten EV models by registrations in April 2024 (Source: S&P Global Mobility)

Rivian’s R1S also saw triple-digit year-over-year growth in registrations. The R1S had 2,855 registrations, up 127% from the 1,259 in April 2023.

Kia’s EV6 had 94% more registrations, with 2,178, compared to 1,124 in April 2023. Meanwhile, the Hyundai IONIQ 5 continued its hot streak with 4,078 registrations, up 93% YOY.

Rivian-R1S-EV-registrations-April
Rivian R1S (Source: Rivian)

Tesla was the only automaker in the top ten, with EV registrations slipping in April. The Model Y had 32,922 registrations, down 4.7% from 35,542. Tesla’s Model 3 registrations were down 55% YOY with 8,912.

Although many reports suggest Tesla is dragging down the sector, several events, like the new Model 3 launch, contributed to fewer registrations.

Hyundai-new-IONIQ-model
Hyundai IONIQ 5 (Source: Hyundai)

The momentum is expected to continue, with several automakers introducing even more discounts and savings opportunities this month.

Ford slashed Mustang Mach-E lease prices in June with an up to 400% discount. Hyundai is offering a $7,500 cash bonus on all EV models, including the IONIQ 5, IONIQ 6, and new Kona Electric.

Several new EVs are already hitting the market with significant discounts. Chevy Equinox EV lease prices fell to as low as $379 per month, while the Blazer EV is listed as low as $369 per month.

If you’re looking for a new EV, now is the perfect time to start shopping. We can help you get started today. You can use our links below to find deals on popular EV models in your area.

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Tesloid’s Model Y Camping Tent Gen 2 released – here are all the new features

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Tesloid’s Model Y Camping Tent Gen 2 released – here are all the new features

Drive a Tesla Model Y? Love the outdoors? Then you’re going to love Tesloid’s Model Y Camping Tent – Gen 2! Keep reading to learn more about all its terrific new features, plus get free expedited shipping US-wide!

Model Y Camping Tent – Gen 2

Popular US accessory maker Tesloid‘s “big, tiny home” for your Model Y lets you have outdoor fun without the hassle – no leaky pup tents, no sleeping on the cold ground. It’s 100% waterproof, and you sleep on a mattress in the back of the car. (Model Y Camping Tent – Gen 2 fits all model years of the Model Y.)

Teslas are perfect for camping – no toxic tailpipe emissions! – so you can back your Model Y right into the tent. Suppose it gets too chilly or hot when you’re ready to sleep. In that case, Model Ys have the Camp Mode feature that maintains cabin temperature and powers electronics using the USB ports and low-voltage outlet without draining the car’s battery. 

When you want to go out in your Model Y, you can close off and seal the tent, even on the side that connects to the car.

What’s new with Gen 2

Tesloid has taken a great Model Y Camping Tent and made it even better. Gen 2 is more robust – it has a dome-shaped exoskeleton that can withstand stronger winds, plus three sets of straps to mount it to the car. And like Gen 1, it’s bug-proof.

Model Y Camping Tent – Gen 2 only takes 15 minutes to set up and 10 minutes to take down – nearly half the time of setting up Gen 1. Plus, when folded up, it fits inside the frunk, leaving the trunk wide open for all your other gear.

Gen 2 has a tighter seal around the Model Y, and it comes with lightweight fiberglass poles and sturdy ripstop fabric.

Model Y Camping Tent – Gen 2 has 40% more floor space, with a 7-foot ceiling, 9.5 ft x 9.5 ft floor space, and 25 square feet of awning. And that’s not including the sleeping area inside the car. It also now features skylights and a flap that lets you easily access your charge port.

Photo: Tesloid

Let’s go camping, Tesla-style

You can order the Model Y Camping Tent – Gen 2 from the Tesloid website today for $499.99, and Tesloid offers free expedited shipping US-wide.

Tesloid also offers a Model Y Camping Bundle for a discounted price of $549.98 that includes an inflatable mattress specially designed to fit the back of the Model Y. Get ready to enjoy the outdoors without sacrificing comfort.

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