Brandon Donnelly
Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.
Brandon Donnelly
Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.
Porsche released its first electric car back in 2019. It was the 2020 Porsche Taycan, which was fairly similar to the Porsche Panamera sedan in terms of price, performance, and styling, except that it was fully electric. So if you were in the market for a very expensive sedan, it was more about whether or not you wanted an electric vehicle or a vehicle with an internal combustion engine (ICE).
In the quarter in which it launched (Q4 2019), the Taycan ended up only representing about 7% of Porsche North America's overall sedan sales. But by the second quarter of the following year it was nearly 50%. And in the first quarter of this year (2021), it was over 80% of their sedan sales. That was fast. Pretty soon, I would imagine there will be no point in even making the Panamera.
Now, the Panamera and Taycan aren't exactly mainstream vehicles. But I found the above chart (which is from Bloomberg Green) interesting in that it feels like an all-things-being-equal kind of question. If you happen to be in the market for a six-figure Porsche sedan -- and all things are kind of equal -- would you rather an electric model or one that runs on gas? Already most people are choosing the former.
Since the beginning of this year, the London School of Economics has been running a debate series called, Cities in the 2020s: How are cities responding to profound global change? The next event is about localizing transport and it's scheduled for May 20, 2021. If you'd like to attend, click here. It's free and open to all. The one thing I would add is that I am getting the strong sense right now -- as cities, other than Toronto, begin to reopen -- that people are starting to remember just how much more fruitful in-person interactions are compared to being on screen. There's no comparison. In fact, earlier today I had in-person work interaction that resulted in a positive outcome that I am certain would not have happened otherwise. And as an ENTJ (business school made me take these personality tests), I find that I derive a lot of my energy from being around other people. As long as these sorts of things remain true, I believe that we will stay tethered to our cities and reliant on things like mass transit.
Porsche released its first electric car back in 2019. It was the 2020 Porsche Taycan, which was fairly similar to the Porsche Panamera sedan in terms of price, performance, and styling, except that it was fully electric. So if you were in the market for a very expensive sedan, it was more about whether or not you wanted an electric vehicle or a vehicle with an internal combustion engine (ICE).
In the quarter in which it launched (Q4 2019), the Taycan ended up only representing about 7% of Porsche North America's overall sedan sales. But by the second quarter of the following year it was nearly 50%. And in the first quarter of this year (2021), it was over 80% of their sedan sales. That was fast. Pretty soon, I would imagine there will be no point in even making the Panamera.
Now, the Panamera and Taycan aren't exactly mainstream vehicles. But I found the above chart (which is from Bloomberg Green) interesting in that it feels like an all-things-being-equal kind of question. If you happen to be in the market for a six-figure Porsche sedan -- and all things are kind of equal -- would you rather an electric model or one that runs on gas? Already most people are choosing the former.
Since the beginning of this year, the London School of Economics has been running a debate series called, Cities in the 2020s: How are cities responding to profound global change? The next event is about localizing transport and it's scheduled for May 20, 2021. If you'd like to attend, click here. It's free and open to all. The one thing I would add is that I am getting the strong sense right now -- as cities, other than Toronto, begin to reopen -- that people are starting to remember just how much more fruitful in-person interactions are compared to being on screen. There's no comparison. In fact, earlier today I had in-person work interaction that resulted in a positive outcome that I am certain would not have happened otherwise. And as an ENTJ (business school made me take these personality tests), I find that I derive a lot of my energy from being around other people. As long as these sorts of things remain true, I believe that we will stay tethered to our cities and reliant on things like mass transit.
I don't think I'm supposed to take any action or feel particularly alarmed after reading about this global mapping of urban subway microorganisms, but it is kind of neat nonetheless. A team of researchers recently spent over 3 years collecting "metagenomic samples" from the transit systems of 60 cities around the world. Everywhere from Stockholm's handrails to Shanghai's subway poles.
The process involved nearly 5,000 samples and the result is this research paper, providing a full atlas of the microbial strains that live throughout our subway systems. Supposedly, none of the findings are anything that we should be worried about though. So carry on riding the subway.
But it is interesting (and very geeky) to note that the researchers discovered something that they are calling a "core urban microbiome." What this means is that they identified 31 different species of bacteria that show up in pretty much all of the cities that they surveyed -- some 97% of their samples.
At the same time, each city, because of things like climate and geography, also has its own microbial profile. In fact, these profiles are so distinctive that the geneticist who lead the study is quoted in the New York Times saying that if you gave him a shoe that was a worn in a particular subway system, he could sequence it and tell you the city with 88% accuracy.
Is this neat or gross?
Photo by Sergey Zolkin on Unsplash
I don't think I'm supposed to take any action or feel particularly alarmed after reading about this global mapping of urban subway microorganisms, but it is kind of neat nonetheless. A team of researchers recently spent over 3 years collecting "metagenomic samples" from the transit systems of 60 cities around the world. Everywhere from Stockholm's handrails to Shanghai's subway poles.
The process involved nearly 5,000 samples and the result is this research paper, providing a full atlas of the microbial strains that live throughout our subway systems. Supposedly, none of the findings are anything that we should be worried about though. So carry on riding the subway.
But it is interesting (and very geeky) to note that the researchers discovered something that they are calling a "core urban microbiome." What this means is that they identified 31 different species of bacteria that show up in pretty much all of the cities that they surveyed -- some 97% of their samples.
At the same time, each city, because of things like climate and geography, also has its own microbial profile. In fact, these profiles are so distinctive that the geneticist who lead the study is quoted in the New York Times saying that if you gave him a shoe that was a worn in a particular subway system, he could sequence it and tell you the city with 88% accuracy.
Is this neat or gross?
Photo by Sergey Zolkin on Unsplash
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