Snapshots that wow!

Eclipse tourism unlocked!

“Airbnbs and similar offerings are booked solid in and around the path of totality for Monday's (April 8th) total solar eclipse, per estimates from short-term rental analytics platform AirDNA.

In fact, mapping out fully-booked cities paints an almost perfect picture of the path the eclipse will take as it crosses America from Texas to Maine.”

Source :AirDNA

China’s Rising Sun

Chinese manufacturing and exports of solar panels exceeds global installation. Given the US does not import solar panels from China, the global installations data excludes installations in the US.

Law of unintended consequences playing out: “Why put up a fence when you can just put up a load of solar panels, even if they’re not aligned exactly to the sun?” says Martin Brough, head of climate research at BNP Paribas Exane.”

Source:Financial Times

Data- the foundational base of Maslow’s pyramid

Avg data consumption in India in June 2019 was 9.8 GB/month. This has grown to 19.1 GB/month in just 4 years! Mind you, this is an average on increasing user base - 65 Cr smartphones now.

Global avg is 13 GB/month.

Source: TRAI, Axis Capital

Where is China +1?

“FDI slowed for a second year amid hot competition for investors. What’s interesting is that the fight is less with China nowadays, and much more with the US.

More significantly, India's share of global net FDI, at just over 2%, has reverted to below 2019 levels, according to data from a recent Kotak Institutional Equities report titled, tellingly, India is not yet the +1 in China +1.”

Source: Bloomberg

Where is China+1?

The real competition to FDI flows is the US this time around. Emboldened especially with the CHIPS and science Act, a lot of investment is being done in the US to take advantage of the subsidies on offer by the US government. The US now commands a 29% share of global FDI flows!

Source:Kotak Institutional Equities

We are already looking for the next big thing?

“Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles. The companies — the world’s top two sellers of EVs — have cut prices in order to stimulate demand as they face increased competition, especially in China. BYD has slashed the cost of almost every model in its line-up since the start of the year under the slogan “electricity is cheaper than oil”, amid an escalating price war in the world’s largest EV market.”

Source: Financial Times