Electric vehicles projected to make up 31% of the global fleet by 2050

electrek.co / The EIA estimates that the global LDV fleet overall – both gas and electric – contained 1.31 billion vehicles in 2020, and it expects this fleet to grow to 2.21 billion vehicles by 2050 as the result of an increase in economic activity, population, and private mobility. (Oct 26 02:11 PM)

GE’s Profits Rise but Sales Miss Forecasts

www.wsj.com / General Electric Co. GE 1.20% reported stronger profits as cost cutting offset lower-than-expected sales of its industrial equipment in the September quarter. (Oct 26 11:58 AM)