BNEF Brief: Cheaper Batteries, More Chargers for Electric Car Buyers

The video discusses the expected growth in electric vehicle (EV) sales, predicting a record year with 2.5 million units sold globally, despite a slowdown in growth due to subsidy cuts. Battery costs have significantly decreased, making EVs more affordable, with a further 13% drop expected from 2019 to 2020. The expansion of charging infrastructure is underway, with a projected increase to 1.2 million public charging points in 2020. However, challenges remain in optimizing charger locations, speed, and business models.

What is the expected growth rate for electric vehicle sales in the upcoming year?

• 40%

• 30%

• 20%

• 10%

Why is the growth rate of electric vehicle sales slowing down?

• High battery costs

• Reduction in subsidies

• Increased competition from traditional vehicles

• Lack of consumer interest

By what percentage have battery prices decreased since 2010?

• 95%

• 87%

• 70%

• 50%

What is the expected battery cost per kWh at the pack level for 2020?

• $150

• $135

• $200

• $100

Which of the following is a challenge in the development of charging infrastructure?

• Limited consumer interest

• High cost of electricity

• Optimal location of chargers

• Lack of government support