Hyperdrive Daily: Tuk Tuks and Bikes Show the Way to Net Zero

Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond.

Today my team and I published BNEF’s annual Electric Vehicle Outlook. This is the sixth year we’ve done this report – we launched it in 2016 after seeing that the only groups commenting on the long term outlook for road transport were generally oil companies, and they were dramatically underplaying the changes afoot. Our thesis then — and now — was quite simple: falling lithium-ion battery prices would transform automotive and energy markets in the decades ahead.