Kenes Rakishev on EV’s rapid adoption and potential supremacy


Kenes Rakishev is a prominent entrepreneur, investor & philanthropist with interests in mining, high tech and innovative technologies.

Kenes Rakishev’s thoughts about Electric Vehicle

Companies along the EV supply chain need further support and investment, if we are to solve EV issues and encourage faster uptake, Kenes Rakishev says.

Kenes Rakishev
Kenes Rakishev

Although the pandemic has caused demand for the Electric Vehicle to fall, the outlook for EVs looks bright: with enhanced globalisation pushing the industry’s growth, government subsidy packages, and more EV investment, the rising valuations are deserved. The EV industry is providing a solution to the most pressing concerns of our time, including climate change, and unemployment caused by the pandemic.

Kenes Rakishev:

European governments are leading the way in recovery initiatives for the EV sector, from manufacturing to sales. This has led to some fantastic opportunities. Investors are seeing favourable returns; the international community is on the way to achieving climate change goals; the EV industry is benefitting from more funding; individuals are finding employment in a fantastic field of work during a general economic downturn.

Who is Kenes Rakishev?

Kenes (Kenges) Rakishev is a prominent investor and entrepreneur regarded as one of the most influential businessmen in Kazakhstan. Kenes Rakishev has business interests spanning technology, oil & gas, finance, shipbuilding, and metals & mining industries, and serves as Chairman of the Board of Directors of several industry leaders including Kazakhstan Petrochemical Industries, SAT & Company, Net Element and Vyborg Shipyard.

Kenes Rakishev
Kenes Rakishev

Kenes Rakishev is also Chairman and Co-Founder of Sirin Labs, which has developed the world’s first blockchain smart phone Finney, and Managing Partner at Singulariteam-1 and Singulariteam-2 venture capital funds that focus on innovative tech companies.

Source: Talk-Finance