Some quotes in this great piece on how cars keep getting bigger, and what to do about it by @davidzipper.bsky.social slate.com/business/202...

There will be battery manufacturing in Europe, including jobs, investment and all the good things that go with that. Most of the batteries will be made by incumbent manufacturers. That's ok. www.bloomberg.com/news/article...

The results from BloombergNEF's 2024 lithium-ion battery price survey are out. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour. This is the largest decline observed in our survey since 2017. 🧵⬇️

The annual BloombergNEF battery survey is out. Quick hits: pack prices now $115 per kWh (and below $100 for cars in China) Almost 2/3 of China's EV models are priced lower than their internal combustion equivalents Great work @colinmckerracher.bsky.social www.bloomberg.com/news/newslet...

Already compiled @colinmckerracher.bsky.social charts on the latest battery price index into a slide. Bravo to Colin and team www.bloomberg.com/news/newslet...

What's next? Metal prices may rise as geopolitical tensions, tariffs, and stalled mining projects impact supply. However, higher LFP adoption, technology advances and competition will push battery prices down. For more see our public press release here: shorturl.at/TcVUc

EVs are still more expensive than comparable combustion cars in many markets, but broader access to cheaper batteries will close the gap. More on @colinmckerracher.bsky.social's piece on Bloomberg's Hyperdrive: shorturl.at/9AEFi

The march of declining battery prices continues. Always read @colinmckerracher.bsky.social! www.bloomberg.com/news/newslet....

I'm very fortunate to work on some of the most interesting topics in energy and transport. At BloombergNEF, our team of analysts is helping leading organizations navigate the transition to a low-carbon economy. www.bloomberg.com/professional...

Global EV sales in October: Battery electrics: up 23% Plug-in hybrids: up 65% Combined market share in October: ~25% Ending the year strong

Underappreciated part of the reason why road deaths are so much higher in the US than Europe

Cool page aggregating Canada EV adoption numbers from @nbrown14.bsky.social. Quebec is crushing it. github.com/NBrown140/tr...

A starter pack of my colleagues who are analysts at BloombergNEF. Batteries, electric vehicles, modelling, policy, energy economics, solar! Get your BNEF analysts on Bluesky here. go.bsky.app/SRQaZno

From the archives: OPEC's 2015 World Oil Outlook. It forecasts a total of 4.7 million battery electrics and 41 million plug-in hybrids on the road in 2040

The largest car market in the world, transformed in just 5 years. cnevpost.com/2024/12/03/c...

key quote: “Behavioral barriers to adoption are much less of an issue than originally thought. When the economics are good, people buy EVs in large numbers.”

Great piece on Norway's EV journey from my colleague Kari Lundgren www.bloomberg.com/features/202...

Fascinating. Secondary literature (and presumably press reporting and social media) have been over-estimating the contribution of tyre wear to air pollution. Good news (though all that tyre rubber must still end up somewhere in the environment). pubs.acs.org/doi/10.1021/...

Almost time to revisit and score this. EV sales figure looking good, battery prices looking lower than expected. about.bnef.com/blog/evs-and...

Who is winning and losing in China's quickly electrifying vehicle market? VW, Honda, Nissan all in real trouble. Toyota holding for now but watch next year. Great piece from the Bloomberg News team www.bloomberg.com/graphics/202...

Norway's road transport energy use is now highlighting a really important effect: primary energy consumption falling even while people travel more. Why? Because electrification is energy efficiency. Chart by @robbieandrew.bsky.social

One of my favorite @colinmckerracher.bsky.social charts and it was a treat to be there - present at the creation - when he published the first version.

Sales Of Combustion Vehicles Are Slowing/Falling/Faltering

California's Low Carbon Fuel Standard is getting a big change that will significantly boost EV charging. The updated program will provide $500 million to $1.4 billion to the charging sector per year, based on today’s credit prices.

ZEVs leap to 16.5 per cent market share in Q3 2024: S&P Global electricautonomy.ca/data-tracker...

Use of shared bikes and scooters is still trending upwards in the US. A big thank you to everyone out there working on making streets safer for these types of options.

Another way to think of this: If the global fleet of passenger fuel cell vehicles were to double every three years (which is not happening) from now to 2040, they would hit....0.3%of the global fleet.

I hereby declare the latest round of hype for hydrogen fuel cell passenger vehicles over. I'm sure this will come up again around ~2030. With similar results.

Is there really an 'EV mandate' in Europe? The short answer is no. www.bloomberg.com/news/newslet...

It’s hard to find a gas ride hailing car these days, unless you go for a super premium offerings

It's remarkable how fast China's ride hailing vehicles and taxis are going electric. Chart is sales, but nearly 60% of of all kilometers travelled by vehicles on Didi's platform in 2023 were in EVs. Will be higher again this year.

*taps mic* Each year, I hear about all the reasons that EVs will fail, and each year sales keep going up. On track for just under 17 million in 2024, in line with BNEF forecast's from the start of the year about.bnef.com/blog/are-glo...