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The forward-leaning morning newsletter for those
who love all things green
March 29, 2022
Topics: vonMash, NFT, Maserati, Ford, EVs
Images: vonMash GIF: AGREEN1
🧑🏾🎨Good thinking vonMash South African-based digital artist, vonMash, has expressed concerns about the impact of NFT on the climate. vonMash is among the few African artists who have benefitted from the NFT market. However, vonMash is worried about the environmental costs associated with NFT sales and authentication, which is mainly done on Ethereum.
Currently, authenticating NFTs on Ethereum consumes a lot of energy, which is often supplied by fossil fuel electricity sources. The artistist has now chosen a more environmentally-friendly network with Cardano for future trades. Ethereum will be fixing their unsustainable ways with the upgrade to Ethereum 2.0 coming soon.
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🏎️Maserati making electric fire Maserati has always set the bar high for automotive sexy-style and high performance. The song by Nigerian pop artist Olakira In my Maserati, can give you an idea of how elegant Maserati cars are. And if you own one, I am sure you know!
The Italian automaker is now ready to hop into the EV sector, starting with the battery powered Grecale Folgore, their first all electric car. It's due out in 2023. All-electric models of the Granturismo coupe, the MC20, Grancabrio GTs, Levante SUV, Quattroporte sedan, and the Grecale midsize SUV, are all scheduled to launch by 2025. Maserati is now the first Italian luxury car brand to produce full-electric models.
⚛️Ford splits, fusion-style? Restructuring has often helped companies beat market competition and spur growth. A typical example of a powerhouse company that benefitted from restructuring is Apple Inc, which occurred in 1997. Ford Motors has decided to divide in two: Ford Model-E and Ford Blue. Model-E for all electric vehicles and Blue for internal combustion engines (ICE).
Ford is a 138 year old company and it has deep roots in the mobility industry. Segmenting will help reinforce its leadership in the mobility industry's next generation. Ford expects half of its global volume to be EVs by 2030.
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Thanks again for being you. Until the next issue, be sure to add more green to your life!
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