Colin McKerracher
@colinmckerracher.bsky.social
I manage the Clean Transport & Energy Storage analyst teams at BloombergNEF. Posts about EVs, charging, batteries, clean fuels, aviation, shipping and more. Opinions are my own.
Always cumulative volume.
December 11, 2024 at 7:36 PM
Always cumulative volume.
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...
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
December 11, 2024 at 3:29 PM
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...
slate.com/business/202...
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...
Most of the batteries will be made by incumbent manufacturers. That's ok.
www.bloomberg.com/news/article...
December 11, 2024 at 3:28 PM
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...
Most of the batteries will be made by incumbent manufacturers. That's ok.
www.bloomberg.com/news/article...
Learning rate holding at 18%
December 11, 2024 at 9:34 AM
Learning rate holding at 18%
Reposted by Colin McKerracher
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. 🧵⬇️
December 10, 2024 at 3:50 PM
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. 🧵⬇️
Reposted by Colin McKerracher
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...
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
December 11, 2024 at 2:42 AM
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...
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...
Reposted by Colin McKerracher
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...
December 11, 2024 at 2:58 AM
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...
Thanks Nat! Full credit goes to @evelinastoikou.bsky.social here.
December 11, 2024 at 5:50 AM
Thanks Nat! Full credit goes to @evelinastoikou.bsky.social here.
Reposted by Colin McKerracher
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
December 10, 2024 at 3:50 PM
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
Reposted by Colin McKerracher
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
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
December 10, 2024 at 3:50 PM
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
More on @colinmckerracher.bsky.social's piece on Bloomberg's Hyperdrive: shorturl.at/9AEFi
Reposted by Colin McKerracher
The march of declining battery prices continues. Always read @colinmckerracher.bsky.social! www.bloomberg.com/news/newslet....
December 10, 2024 at 6:28 PM
The march of declining battery prices continues. Always read @colinmckerracher.bsky.social! www.bloomberg.com/news/newslet....
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.
December 10, 2024 at 2:38 PM
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.
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...
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
December 9, 2024 at 5:07 PM
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...
At BloombergNEF, our team of analysts is helping leading organizations navigate the transition to a low-carbon economy.
www.bloomberg.com/professional...
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.
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
December 5, 2024 at 2:04 PM
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.
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.
Global EV sales in October:
Battery electrics: up 23%
Plug-in hybrids: up 65%
Combined market share in October: ~25%
Ending the year strong
Battery electrics: up 23%
Plug-in hybrids: up 65%
Combined market share in October: ~25%
Ending the year strong
December 5, 2024 at 12:19 PM
Global EV sales in October:
Battery electrics: up 23%
Plug-in hybrids: up 65%
Combined market share in October: ~25%
Ending the year strong
Battery electrics: up 23%
Plug-in hybrids: up 65%
Combined market share in October: ~25%
Ending the year strong
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
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
December 5, 2024 at 8:42 AM
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
www.bnef.com/insights/34897
I'll try to get Jinghong on BlueSky to share more of her work!
Definitely. What a terrible decision.
December 5, 2024 at 8:40 AM
Definitely. What a terrible decision.
Chart is from a report from my colleague Jinghong Lyu about how policymakers are tackling car dependency around the world.
December 5, 2024 at 8:18 AM
Chart is from a report from my colleague Jinghong Lyu about how policymakers are tackling car dependency around the world.
Underappreciated part of the reason why road deaths are so much higher in the US than Europe
December 5, 2024 at 8:17 AM
Underappreciated part of the reason why road deaths are so much higher in the US than Europe
Cool page aggregating Canada EV adoption numbers from @nbrown14.bsky.social.
Quebec is crushing it.
github.com/NBrown140/tr...
Quebec is crushing it.
github.com/NBrown140/tr...
December 5, 2024 at 8:15 AM
Cool page aggregating Canada EV adoption numbers from @nbrown14.bsky.social.
Quebec is crushing it.
github.com/NBrown140/tr...
Quebec is crushing it.
github.com/NBrown140/tr...
Reposted by Colin McKerracher
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
go.bsky.app/SRQaZno
December 3, 2024 at 2:00 PM
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
go.bsky.app/SRQaZno
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
It forecasts a total of 4.7 million battery electrics and 41 million plug-in hybrids on the road in 2040
December 3, 2024 at 1:48 PM
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
It forecasts a total of 4.7 million battery electrics and 41 million plug-in hybrids on the road in 2040
The largest car market in the world, transformed in just 5 years.
cnevpost.com/2024/12/03/c...
cnevpost.com/2024/12/03/c...
December 3, 2024 at 10:21 AM
The largest car market in the world, transformed in just 5 years.
cnevpost.com/2024/12/03/c...
cnevpost.com/2024/12/03/c...
Reposted by Colin McKerracher
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.”
Great piece on Norway's EV journey from my colleague Kari Lundgren
www.bloomberg.com/features/202...
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
November 29, 2024 at 7:56 AM
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.”