BNEF’s Electric Vehicle Outlook 2024

Electric vehicle sales continue to grow globally. Segments such as commercial vehicles and two- and three-wheelers have already reached very high levels of electrification—at 26 percent and 47 percent, respectively. However, electric vehicle growth is not consistent globally, and some markets have seen a decrease in the pace of electrification including in the United States. Bloomberg New Energy Finance’s recently-released 2024 Electric Vehicle Outlook covers these trends and others, including the pace of public charging deployment, the breakdown of EV sales by battery-electric vehicles vs. plug-in hybrid electric vehicles, and EV investment and market opportunities. We are joined in this episode by Corey Cantor from BNEF to discuss key takeaways from the report.