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Colin McKerracher @colinmckerracher.bsky.social · Dec 11

Always cumulative volume.

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Colin McKerracher @colinmckerracher.bsky.social · Dec 11

Exactly.

Colin McKerracher @colinmckerracher.bsky.social · Dec 11

Some quotes in this great piece on how cars keep getting bigger, and what to do about it by @davidzipper.bsky.social

slate.com/business/202...

America is Exporting One of Its Worst Characteristics. It Has to Do With Cars.

There are ways to fight back.

slate.com

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Colin McKerracher @colinmckerracher.bsky.social · Dec 11

There will be battery manufacturing in Europe, including jobs, investment and all the good things that go with that.

Most of the batteries will be made by incumbent manufacturers. That's ok.

www.bloomberg.com/news/article...

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Colin McKerracher @colinmckerracher.bsky.social · Dec 11

Learning rate holding at 18%

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Reposted by Colin McKerracher

Evelina Stoikou @evelinastoikou.bsky.social · Dec 10

The results from BloombergNEF's 2024 lithium-ion battery price survey are out. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour. This is the largest decline observed in our survey since 2017. 🧵⬇️

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Reposted by Colin McKerracher

Nat Bullard @nathanielbullard.com · Dec 11

The annual BloombergNEF battery survey is out.
Quick hits: pack prices now $115 per kWh (and below $100 for cars in China)
Almost 2/3 of China's EV models are priced lower than their internal combustion equivalents
Great work @colinmckerracher.bsky.social www.bloomberg.com/news/newslet...

China’s Electric-Car Push Drives Global Battery Price Declines

Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.

www.bloomberg.com

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Reposted by Colin McKerracher

Nat Bullard @nathanielbullard.com · Dec 11

Already compiled @colinmckerracher.bsky.social charts on the latest battery price index into a slide. Bravo to Colin and team www.bloomberg.com/news/newslet...

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Colin McKerracher @colinmckerracher.bsky.social · Dec 11

Thanks Nat! Full credit goes to @evelinastoikou.bsky.social here.

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Reposted by Colin McKerracher

Evelina Stoikou @evelinastoikou.bsky.social · Dec 10

What's next? Metal prices may rise as geopolitical tensions, tariffs, and stalled mining projects impact supply. However, higher LFP adoption, technology advances and competition will push battery prices down. For more see our public press release here: shorturl.at/TcVUc

Lithium-Ion Battery Pack Prices See Largest Drop Since 2017, Falling to $115 per Kilowatt-Hour: BloombergNEF | BloombergNEF

New York, December 10, 2024 – Battery prices saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record

shorturl.at

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Reposted by Colin McKerracher

Evelina Stoikou @evelinastoikou.bsky.social · Dec 10

EVs are still more expensive than comparable combustion cars in many markets, but broader access to cheaper batteries will close the gap.

More on @colinmckerracher.bsky.social's piece on Bloomberg's Hyperdrive: shorturl.at/9AEFi

China’s Electric-Car Push Drives Global Battery Price Declines

Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.

shorturl.at

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Reposted by Colin McKerracher

Akshat Rathi @akshatrathi.bsky.social · Dec 10

The march of declining battery prices continues. Always read @colinmckerracher.bsky.social! www.bloomberg.com/news/newslet....

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Colin McKerracher @colinmckerracher.bsky.social · Dec 10

Thanks Matthias. Yep, you're right, very different cars and different levels of tech in them. Still I think it's useful to point out just how extreme the pricing gap is because I don't think the electric version is opening up a totally new pool of buyers.

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Colin McKerracher @colinmckerracher.bsky.social · Dec 9

I'm very fortunate to work on some of the most interesting topics in energy and transport.

At BloombergNEF, our team of analysts is helping leading organizations navigate the transition to a low-carbon economy.

www.bloomberg.com/professional...

Bloomberg Expert Access: Colin McKerracher on the future of clean transport and energy storage | Insights | Bloomberg Professional Services

In this episode of Bloomberg Expert Access, Colin McKerracher, Head of Clean Transport and Energy Storage at BloombergNEF, discusses the future of the transport system and advancements in lithium-ion ...

www.bloomberg.com

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Colin McKerracher @colinmckerracher.bsky.social · Dec 5

Good point. Looks like NYC is 239 traffic fatalities so far this year: www.nyc.gov/site/nypd/st...

I think there's also a speed normalization effect that carries over to other places though. Since moving to a 30km neighborhood I find myself driving slower on highways too.

Traffic Data - Fatalities - NYPD

www.nyc.gov

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Colin McKerracher @colinmckerracher.bsky.social · Dec 5

Global EV sales in October:
Battery electrics: up 23%
Plug-in hybrids: up 65%

Combined market share in October: ~25%
Ending the year strong

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Colin McKerracher @colinmckerracher.bsky.social · Dec 5

It's behind the BNEF paywall unfortunately, but clients can access it here:

Cutting Car Use Lightens Load in Push for Net-Zero Fleet
www.bnef.com/insights/34897

I'll try to get Jinghong on BlueSky to share more of her work!

Cutting Car Use Lightens Load in Push for Net-Zero Fleet

New technologies like electric drivetrains often hog the attention in the quest to decarbonize transportation. But reducing the use of passenger cars in favor of other modes of transport, such as publ...

www.bnef.com

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Colin McKerracher @colinmckerracher.bsky.social · Dec 5

Definitely. What a terrible decision.

Colin McKerracher @colinmckerracher.bsky.social · Dec 5

Chart is from a report from my colleague Jinghong Lyu about how policymakers are tackling car dependency around the world.

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Colin McKerracher @colinmckerracher.bsky.social · Dec 5

Underappreciated part of the reason why road deaths are so much higher in the US than Europe

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Colin McKerracher @colinmckerracher.bsky.social · Dec 5

Cool page aggregating Canada EV adoption numbers from @nbrown14.bsky.social.
Quebec is crushing it.

github.com/NBrown140/tr...

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Reposted by Colin McKerracher

Jenny Chase @solarchase.bsky.social · Dec 3

A starter pack of my colleagues who are analysts at BloombergNEF. Batteries, electric vehicles, modelling, policy, energy economics, solar! Get your BNEF analysts on Bluesky here.

go.bsky.app/SRQaZno

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Colin McKerracher @colinmckerracher.bsky.social · Dec 3

From the archives: OPEC's 2015 World Oil Outlook.

It forecasts a total of 4.7 million battery electrics and 41 million plug-in hybrids on the road in 2040

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Colin McKerracher @colinmckerracher.bsky.social · Dec 3

The largest car market in the world, transformed in just 5 years.
cnevpost.com/2024/12/03/c...

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Reposted by Colin McKerracher

Jaap Burger @jaapburger.eu · Nov 29

key quote: “Behavioral barriers to adoption are much less of an issue than originally thought. When the economics are good, people buy EVs in large numbers.”

Colin McKerracher @colinmckerracher.bsky.social · Nov 29

Great piece on Norway's EV journey from my colleague Kari Lundgren

www.bloomberg.com/features/202...

This Is What the World’s First All-EV Car Market Looks Like

Norway is on the cusp of completing a transition away from combustion cars thanks to targeted incentives that made electrics an easy choice

www.bloomberg.com

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