UK markets closed
  • FTSE 100

    7,044.03
    -266.34 (-3.64%)
     
  • FTSE 250

    22,537.89
    -742.07 (-3.19%)
     
  • AIM

    1,181.62
    -22.34 (-1.86%)
     
  • GBP/EUR

    1.1776
    -0.0103 (-0.87%)
     
  • GBP/USD

    1.3338
    +0.0018 (+0.14%)
     
  • BTC-GBP

    40,935.84
    -2,886.39 (-6.59%)
     
  • CMC Crypto 200

    1,365.60
    -89.82 (-6.17%)
     
  • S&P 500

    4,594.62
    -106.84 (-2.27%)
     
  • DOW

    34,899.34
    -905.04 (-2.53%)
     
  • CRUDE OIL

    68.15
    -10.24 (-13.06%)
     
  • GOLD FUTURES

    1,785.50
    +1.20 (+0.07%)
     
  • NIKKEI 225

    28,751.62
    -747.66 (-2.53%)
     
  • HANG SENG

    24,080.52
    -659.64 (-2.67%)
     
  • DAX

    15,257.04
    -660.94 (-4.15%)
     
  • CAC 40

    6,739.73
    -336.14 (-4.75%)
     

World past tipping point of renewable energy transformation, says Tesla's Denholm

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
FILE PHOTO: A Tesla logo is seen at the Tesla Shanghai Gigafactory in Shanghai
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

WELLINGTON (Reuters) - The world has passed the tipping point of a renewable energy transformation and must accelerate the adoption of technology needed for this change, the chair of Tesla Inc said on Thursday.

"The world is already past the tipping point of renewable energy transformation and we already have technology needed to succeed, but we must now accelerate the deployment of them at an incredible pace," Robyn Denholm said in her keynote address at the virtual APEC CEO summit.

Denholm said Tesla is aiming to produce 20 million electric vehicles each year by 2030 and is looking to expand into more new markets.

(Reporting by Shashwat Awashti and Praveen Menon; Editing by Muralikumar Anantharaman)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting