Road Ahead for EVs in 2024: BYD and Tesla Break Away

The start of each year sees BloombergNEF look at what could play out across the energy transition over the next 12 months. During January, Switched On will interview the brains behind the ‘Things to Watch’ series, starting with what to expect from the electric vehicle market.

On today’s episode, Dana sits down with Colin McKerracher, BNEF’s Head of Advanced Transport. Together, they discuss the race between Tesla and BYD to claim the global EV sales crown, the new opportunities presented by emerging markets, and whether 2024 could be the year that oil demand sees a real dent from the shift to electric drivetrains.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal, on bnef.com or on the BNEF mobile app.

Links to research notes from this episode:

EVs and Clean Transport: 10 Things to Watch in 2024 - https://www.bnef.com/insights/33099

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