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DID YOU KNOW? 2020 could be the big year for electric big rigs. Truck makers are accelerating their electric truck projects toward launches in 2020, while TESLA told investors in June production of their Semi freight hauler should begin in the first half of 2020. In China, regulators are considering a long-term plan to replace 1 million diesel big rigs with cleaner trucks, including electric models, and some Chinese ports and cities are banning diesel trucks, which could significantly boost sales. Electric trucks could decrease road noise and air pollution dramatically (many trucks are diesel powered) and could elevate valuations of properties abutting highways and busy roads.... (Reuters)

DID YOU KNOW? One car-related event draws many of my wealthiest clients and now The Mille Miglia is coming to America. One of the most famous car races in the world, the original Mille Miglia was held quasi-annually in the 30 years between 1927 and 1957 on a 1000-mile circuit that formed a bent loop between Brescia, Bologna, Rome, and Milan. A foreshortened (150-mile) version will be held in the U.S. from Oct. 25-27 celebrating American vehicles in the horse country of Virginia and Maryland surrounding Washington, D.C. A gala party will be held at the Italian Ambassador’s residence, Villa Firenze, a mansion in Rock Creek Park, a home formerly belonging to the Guggenheim family. (Bloomberg)



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