Mondragón is what’s called a “Game B” business, which fosters relationships and aims to make all parties benefit from its actions. All of its 30,000 cooperative members own Mondragón, and Mondragón supports them; apart from giving back half of cooperative profits back to its members, it also funds member startups until they succeed. And it seems that love truly wins, as this business built on love is one of Spain’s top performing companies in both profit and productivity.
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The Lightyear O is a revolutionary electric car powered by the sun. Developed by a Dutch startup, the four-door sedan has over 50 square feet of solar panels on its roof and hood, generating up to 43 miles of energy a day. With production now underway in Finland, the car does come with a hefty price tag at $262,000, but the company hopes to introduce a more affordable version, the Lightyear 2, by 2025. Read full article here