Switched On

China’s electric vehicle market is moving at extraordinary speed. Generous incentives, trade-in subsidies, and aggressive pricing have fueled mass-market growth, and roughly half of the cars sold in the country today come with a plug. Now, this EV success story is moving beyond its domestic borders. Chinese brands already account for nearly one in five EVs sold outside the country, and new factories across Europe, Southeast Asia, and Latin America are helping them stay ahead of trade barriers. Could this be the moment when China’s electric mobility clout reshapes the global auto industry? On today’s show, Tom Rowlands-Rees is joined by Siyi Mi, a senior associate on BloombergNEF’s electric vehicles team, to discuss notes including “More of China’s Automakers Step Into Overseas Markets” and “EVs Are Just the Start for Global Carmakers’ China Rebound.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode: More of China’s Automakers Step Into Overseas Markets - https://www.bnef.com/insights/38069 EVs Are Just the Start for Global Carmakers’ China Rebound - https://www.bnef.com/insights/37181See omnystudio.com/listener for privacy information.

As vehicles become increasingly intelligent and connected, the chips powering them are transforming the automotive industry. Traditional supply chains are giving way to new partnerships, and advanced processors are reshaping everything from vehicle costs to the balance of power between automakers and chipmakers. With automation advancing and chipmakers taking a larger role in vehicle development, could this be the moment that redefines how the automotive industry is built? On today’s show, Tom Rowlands-Rees is joined by Andrew Grant, BloombergNEF’s head of intelligent mobility, to discuss the note, “AI Chips Are Turning Vehicles Into Supercomputers.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode: AI Chips Are Turning Vehicles Into Supercomputers - https://www.bnef.com/insights/37555See omnystudio.com/listener for privacy information.

How well prepared are we for a warming world? Climate adaptation is quickly moving from theory to strategy, reshaping investment priorities and exposing new risks and opportunities. On this bonus episode, Kobad Bhavnagri reads his note “Adaptation and Resilience: The New Investment Imperative” to explore how businesses, policymakers and financiers are adapting to a changing climate, and where the biggest gaps in knowledge and action remain. Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode: Adaptation and Resilience: The New Investment Imperative - https://www.bnef.com/insights/37701See omnystudio.com/listener for privacy information.

Climate is reshaping the global economy. Losses from major weather events are now estimated at $1.4 trillion each year, and as the damaged assets, disrupted supply chains and declines in productivity pile up, climate risk is turning from an environmental issue into a financial one. BloombergNEF has thus developed an Adaptation Preparedness Framework to assess how major economies are preparing for this new reality. Which countries are best equipped to withstand what’s coming, and how are they getting there? On today’s show, Kobad Bhavnagri is joined by Danya Liu, a senior associate on BloombergNEF’s climate risk team, and Natasha Mawdsley, a strategy analyst, to discuss their note, “Ranking Resilience: Assessing Country Climate Adaptation.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode: Ranking Resilience: Assessing Country Climate Adaptation - https://www.bnef.com/insights/37695See omnystudio.com/listener for privacy information.

The 85 million medium- and heavy-duty trucks on the road last year were responsible for nearly a 10th of global emissions, and an array of technologies and business models are in trial as a way to cut these vehicles’ carbon footprint. A lack of charging infrastructure and high upfront prices remain high hurdles to clear. Yet China boasts record e-truck and e-tractor sales, Europe offers them considerable policy support, and even in the US (where sales are slow) the charging market is evolving quickly. From ports in Shanghai to freight corridors in California, could cleaner trucking prove the real test of how fast heavy industry can decarbonize? On today’s show, Dana Perkins is joined by BloombergNEF’s head of commercial transport, Nikolas Soulopoulos, and associate Maynie Yang to discuss their team’s recent notes, “Zero Emission Commercial Vehicles: Accelerating the Transition” and “Commercial Vehicle Decarbonization Monthly: E-Tractors.” Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to research notes from this episode: Commercial Vehicle Decarbonization Monthly: E-Tractors - https://www.bnef.com/insights/37859 Zero Emission Commercial Vehicles: Accelerating the Transition - https://www.bnef.com/insights/37519See omnystudio.com/listener for privacy information.