Andrew Grant

Electric vehicles are already displacing nearly 1.8 million barrels of oil every day, a number set to double by 2027 and triple by 2029, per BloombergNEF's Road Fuel Outlook. 🔗 Read more: bloom.bg/3XNsHTZ #FuelOutlook #ElectricVehicles

🚍 Electric commercial vehicles are set for another blistering year while buses and two/three-wheelers are already reaching high levels of electrification. ⚡ Read more in @BloombergNEF's Electric Vehicle Outlook 2024: bloom.bg/4cr6EbM #EVs #BloombergNEF

Our team at @BloombergNEF published our 10th annual Electric Vehicle Outlook today! A quick thread on some key findings:

On-demand mobility services are going electric much faster than privately owned vehicles. How can we build on this growth and hit aggressive electrification targets for 2030? Our team at @BloombergNEF worked with @Uber to look at what it will take. assets.bbhub.io/professional/s…

@simonjhudson Hi Simon, worth noting that the Tesla FSD is a Level 2 self-driving system, which (as the chart in the article shows) accounts for about 1% of the electricity demand of a vehicle over the course of a year.

Electric vehicle adoption is accelerating around the world.⚡ Join us tomorrow as we break down the near- and long-term outlooks for EV adoption and what it means for vehicle markets, oil demand, battery metals, electricity, infrastructure, and more. bloom.bg/3Kh7jjI

How to Solve High Battery Prices and Other Electric-Car Quandaries @BloombergNEF analysts address some of the biggest questions facing countries and companies trying to decarbonize transport. By @agrant49 bloomberg.com/news/articles/…

New report🚨: Energy Transition Investment Trends 2023 is out! If you thought the energy crisis would slow the transition, we've got news for you: energy transition investment exceeded $1 trillion for the first time in 2022, as global spending on clean-energy tech grew 31% YoY.

I spoke with @Maryhui on how software fits into the global automotive supply chain in an era of rapid growth in EV sales

Good luck to Paducah, KY, which proudly offers "plenty of places for you to park."

Global Electric Vehicle Outlook – Where is #Africa on the map? Find out more with industry leader @agrant49: Intelligent Mobility at @BloombergNEF. 📆 Thursday, 6 October 2022 from 09:45 – 10:05 (SAST) 📍 Broadcast Stage - Diamond Auditorium #SMAsummit #MobilitySolutions #EV

Shared mobility vehicles and autonomous test vehicles are going electric much faster than the privately owned fleet. EV share of fleet by type Courtesy of my colleague @agrant49

My colleague @agrant49 breaks down @BloombergNEF's light-duty vehicle outlook. The key message? Peak car is probably just around the block after 100 years of continuous growth. bloomberg.com/news/articles/… via @business

Peak car by 2039, with a global passenger vehicle fleet of just over 1.5 billion. @agrant49 and @BloombergNEF via @hyper_drive bloomberg.com/news/articles/…

@colinmckerrache @JDStringfellow Yup, urban rail for the Netherlands is grouped in the "other" category along with train trips. For markets that publish urban rail numbers it is part of the "Public transit" category.

@JDStringfellow One for @agrant49. Might be to to do with how trains are classified.

No, cars have not "lost the war" in Europe. Car culture is less extreme in Europe, but most people here still go most places by car, most of the time. Here's some data. I hope the blue bar continues to get pushed back, on both sides of the Atlantic.

Electric vehicle sales are poised to more than triple by 2025. "We predict in 2025 there's going to be about 77 million EV's on the road worldwide, despite the {supply chain} issues" says Corey Cantor. trib.al/JSIwDOM

Just swapping out the drivetrain isn’t the most efficient way to reach net zero. Even reducing passenger kilometers travelled by car by 10% in 2050 yields huge benefits, reducing emissions and the strain on battery supply chain. More public transit, walking, cycling all needed.

We launched BNEF’s 2022 EV Outlook today! There's lots of information in the publicly available exec summary, which you can find here: about.bnef.com/electric-vehic… A few interesting highlights in this thread

The @IEA sees passenger #EV sales jumping from 9% to 22-35% by 2030, but #BNEF sees adoption hitting 40% ⚡️ Both represent huge growth, but reaching #NetZero by 2050 will require faster uptake 🚨 Great work @colinmckerrache @agrant49 @CoreyBCantor @kdampofo @YayoiSekine & team!

One of the things that has surprised me in the last few years is how long governments have continued direct EV purchase subsidies. I thought they would be phased out when EVs hit ~5-10% of sales, or even sooner.