SMC building a 15 Km superbridge between Batangas and Mindoro

Every generation needs a revolution - an entrepreneurial revolution

SMC on a PPP business arrangmene with province of Mindoro is planning to build a 15 km super bridge between Mindoro and  Batangas.    The bridge will start from Ilijan Batangas,  (6.5 km) up to Cape Verde Islands, and from Cape Verde Islands to Puerto Galera (8.5 km).   It is going to be a pontoon design, and will cost

This will improve trade in Southern Luzon (between Batangas and Mindoro) create jobs, investment opportunities. and shorten the travel between Mindoro and Batangas to only 30 minutes.   (vs 1hour or more via boat ride)

SMC has met with leaders of Mindoro about the project, and SMC president has brought in European experts to study the feasibility of the bridge.   The study of water depth alone will take about two years

EV will kill the ICE automotive industry

Every generation needs a revolution - an entrepreneurial revolution

It has been noted that sales of Internal Combustion Engine vehicles is on the decline.  The finances of General Motor is on the decline.

It could be caused by entry of EV vehicles.   EV from China and Tesla (USA) are on price war making the EV more affordable.   BYD of China has EV of $10k making this more affordable.

The lack of moving parts sees no need for parts and maintenance business making a big dent on the profitable side of ICE manufacturers.  () maintenance)

What is going to the ICE EV industry.?   Are they going to disappear?

New business models wiped out a lot of businesses

Every generation needs a revolution - an entrepreneurial revolution

New businesses/models wiped many existing businesses.  They were disruptive and is continuing:

       What                                                       Function                             Businesses affected

 1.  Converge bundling of TV channels        entertainment                      CATV, Sky cable

      with internet

2.  E commerce platform                         on line store                        malls, department store, resto

     

3.  EV, battery cars                                   commuting                          internal combustion engine vehicles                                                                                                                  VW, Toyota, Volvo  GM

4. E bikes                                                 adventure                             MTB motorless bikes

5.  AI and robotics                                   manufacturing                      labor force, domestic helpers

                                                                 domestic work

6.  Satcom starlink                                  communications                   wired networks

Many more will be coming.  Innovate or die.   

Past disruptive technologies were 

7.  Cellphone                                           communications and more         landlines, cameras, radio

                                                                                                                    gps devices, laptops

8.  Wikipedia                                          knowledge center                        Colliers, Brittanica, Americana

9.  Yahoo news, Google                          latest information                       newspapers, tv news