Have you checked out the latest BloombergNEF "Electric Vehicle Outlook 2024" report yet? If not, now's the time! It's filled with valuable insights for the electric vehicle sector, including the commercial segment, which we find particularly compelling. 🚍 Buses on a good trajectory! With a current fleet of 3.4 million units worldwide, municipal buses account for 1% of global CO2 emissions from road transport. Good news: they're well on track to achieve net-zero by 2050. BloombergNEF predicts that by then, 86% of buses will be zero-emission. We'll need a little extra support to reach climate neutrality. 🚛 Heavy-duty vehicles need a boost! In the medium and heavy-duty commercial vehicle segment, which totals 83 million units and contributes 30% of CO2 emissions in road transport, the transition is tougher. Projections suggest only 28% of these vehicles will be zero-emission by 2050. Serious and swift support for decarbonization is crucial here. 🔋 Battery supply chain investments may suffice: Significant investments are required across all sectors of the battery supply chain. Companies have already planned $155 billion, which could be enough if executed. In the document, you'll also find insights on the comeback of plug-in hybrids, record price drops for LFP cells, and higher than expected driving distances of EVs. You can download the report here: https://lnkd.in/dD-Vd5G At #IMPACT, we're dedicated to supporting vehicle manufacturers in electrifying their fleets and aiming for climate neutrality. We believe that with our ongoing advancements in battery technology, we will also contribute to achieving the ambitious goal of decarbonizing transportation by 2050. #EV #eMobility #BNEF #BloombergNEF #EVO24 #IMPACT #HeavyDuty #eBus #eTruck #GigafactoryX #BatterySystems #Renewables #Report
BNEF's Electric Vehicle Outlook 2024 shows that sales are headed for a record year but progress varies by segment. Electric commercial vehicles 🚚 are set for another blistering year while buses 🚍 and two- and three-wheelers 🛵 are already reaching high levels of electrification. https://lnkd.in/dD-Vd5G