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 factors are influencing the growth rates of electric vehicle sales?

What is the projected number of public charging points by the end of the current year?