Business, Technology, Fuel

EV Sales Are Soaring as Oil Use Is About to Peak

The share of electric vehicles in sales of new passenger vehicles is set to more than double globally in the next few years — to 30% in 2026.

Colin McKerracher | Bloomberg News
June 8, 2023
Business, Equipment

Combustion Car Sales Struggling to Return to Pre-Pandemic Levels

As the recovery of global auto sales takes shape, it’s becoming clearer that sales of internal combustion vehicles are unlikely to ever return to pre-pandemic levels.

Colin McKerracher | Bloomberg News
March 9, 2023
Business, Technology, Equipment

Global EV Sales Surging, Top $1 Trillion All-Time

Global spending on electric vehicles is surging. According to a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before.

Colin McKerracher | Bloomberg News
February 14, 2023
Government, Business, Technology, Equipment, Fuel

Electric Vehicle Growth Outpaces Installation of Battery Chargers

As electric vehicle sales take off, the number of them on the road is growing faster than the number of public charging points to support them.

Colin McKerracher | Bloomberg News
April 12, 2022
Business, Technology, Equipment, Fuel

US Zigs While Rest of the World Zags on EV Subsidies

Subsidies for electric vehicles are heading in very different directions in different parts of the world.

Colin McKerracher | Bloomberg News
March 8, 2022
Business, Technology, Fuel, Autonomous

Waymo, Cruise Set Pace in Electrifying Autonomous Vehicles

Autonomous vehicles are mostly electric so far. That’s one of the main conclusions of BloombergNEF’s just-published annual report analyzing the state of AV testing programs in the U.S. and China.

Colin McKerracher | Bloomberg News
March 1, 2022
Business, Technology, Equipment, Autonomous

Elon Musk Looks Isolated as Automakers Embrace Lidar

Elon Musk is skeptical of putting lidar sensors on vehicles, but a growing number of his competitors are quietly adding the technology to their lineup.

Colin McKerracher | Bloomberg News
February 8, 2022