EV sales aren’t ‘lagging’ – they’re headed for long-term growth

EV sales aren’t ‘lagging’ – they’re headed for long-term growth

Wednesday, June 12, 2024

EV sales will continue to grow despite the mixed near-term outlook, according to a new report from BloombergNEF – here’s why.

BloombergNEF’s Long-Term Electric Vehicle Outlook (EVO) indicates that rapidly falling battery prices, advancements in next-gen battery technology, and improving relative economics of EVs with ICE counterparts continue to underpin long-term EV growth globally. However, the report indicates that the window to reach global net-zero transport is now narrower than ever. 

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