Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks.
Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley.
Iraq, US Talks Lead to ‘Substantial’ Iran Gas Dues Arrangements
Credit Suisse CEO Memo Signals UBS Deal to Close Monday
Fed Is First to Reach Crucial Junction in Global Inflation Fight
SNB’s Jordan Puts Switzerland’s Neutral Interest Rate Around 2%
Ukraine Economy Contracts Less Than Expected Despite Attacks
JetBlue, American Offer to Rework Alliance After Legal Setback
Ukraine Warns of Toxic Black Sea ‘Garbage Dump’ From Dam Debris
GameStop Needs Ryan Cohen More Than Ever to Maintain Meme Status
OpenAI’s CEO Calls on China to Help Shape AI Safety Guidelines
Macron Polishes France’s AI Agenda in Meeting With Meta, Google
Trudeau Pledges New Military Aid to Ukraine During Surprise Trip
Trump’s Die-Hard Base Faces New Loyalty Test Over Indictment
Why Billionaires Are Circling Debt-Laden French Grocer Casino
US Housing Market Is Missing 320,000 Affordable Homes
A Peek Inside the VIP Speakeasy Lounge at the 2023 Tony Awards
Two of Paul Newman’s Daytona Rolexes Sell for More Than $1 Million
Boris Johnson, the Once and Perhaps Future Tory King
Messi to Miami? It’s Not as Crazy as It Looks
New York’s Big Smoke Should Give Stovetop Warriors Pause
The Netflix Effect Chills Foreign Content Creators
Payrolls, Prices, Productivity and Profits Hold the Answer to the Puzzling US Economy
Will Argentina Ditch the Peso for the Dollar?
Sunak Urged to Publish UK Report on Abuse of LGBTQ Soldiers
Dimon Sought for Fresh Deposition in JPMorgan Epstein Suit
New York and East Coast Get Reprieve From Smoke as Skies Clear
A Sherbet-Colored Experiment in Cohousing Outside of Boston
NYC Pays Over $300 a Night for Budget Hotel Rooms for Migrants
Connecticut May Ban Collection Tactic Used in Cash-Advance Loans
Nigeria’s SEC Says Binance Operations in Country Are ‘Illegal’
Robinhood Removes 3 Crypto Tokens Following Regulatory Crackdown
Coinbase Suit May Finally Send Crypto Debate to US Supreme Court
The amount of money deployed indicates an ability to address systemic industry challenges and opens up access to low-cost capital.
A Volkswagen ID.3 electric car charging at an Ionity station near Rosenheim, Germany.
BloombergNEF recently released its updated Zero-Emission Vehicles Factbook, which estimates cumulative investment in EV charging hardware and installation will reach $62 billion at the end of this year, with $28.6 billion having been invested just in 2022, up 228% from the year before. Of the total investment in 2022, 61% is attributed to more than 600,000 public chargers built in China.
Cumulative investment globally probably will pass the $100 billion mark in 2023 if China keeps up its relentless pace. It’s a milestone that hints at the transition to a new phase of the EV charging sector lifecycle. As Jigar Shah at the US Loans Program puts it, $100 billion of deployed capital indicates an ability to address systemic industry challenges and opens up access to low-cost capital that’s required to ultimately reach $1 trillion scale.