Juliette and a new bloomberg reports shines on Clean Energy Investment. China is far and away the world leader in terms of the most amount of capital being deployed and the most of the equipment. By 2040, about 53 of new car sales globally will be electric. Juliette buckle up, conversations from the north American International auto show. It is a milestone for our future plans, but there is more to come. Our growth is coming from a degree of buoyancy from the markets but this is market share growth. They can have the option of delegating tasks to that vehicle that their grandfather never expected, including never crashing. Juliette it is all ahead on bloomberg best. Juliette hello and welcome. I am juliette saly. This is bloomberg best, your weekly review of the most important business, news, analysis, and headlines from and interviews it from Bloomberg Television around the world. U. S. Markets were closed on monday but the week began with a startling corporate headline from the u. K.
Because there is a fascinating story. We have been so focused on the auto sector. We had the auto show underway in detroit. When we think of self driving, we think of the auto manufacturers, but you also have to think about the paint manufacturers. That is what you guys write about this week . Jim this is a really interesting story, because we think this technology is all about sensors and hightech things and now some of the most oldschool companies around, paint manufacturers, are sort of key to the new technology. But it turns out that for all the sensors we are equipping newfangled cars with, Autonomous Vehicles need to be able to bounce off another oncoming vehicle or vehicles around and then they judge the distance between them, they do crucial to make this work. The problem is it turns out theres a blind spot these sensors have, and that is people cant read very well cars that are black or dark colored. Carol and there are a lot out there. Jim thats it. The bouncing needed to det