Bloomberg Intelligence
French Market Volatility, EV Forecast
Jun 17, 2024
Experts in the financial and tech industries discuss French market volatility, AI strategies at Google, and the growth of electric vehicles. Topics include market outlooks, investment strategies, AI applications in biology, and the impact of battery life on EVs' residual value.
48:34
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Quick takeaways
- EVs projected to dominate new car sales in China, Europe, and US by 2027.
- Plug-in hybrids seen as transitional step to EVs, China produces more efficient P-HEVs.
Deep dives
Global EV Sales Growth Uneven Across Regions
Electric vehicle sales growth is uneven globally, with China and Europe leading the adoption, while the US lags behind. By 2027, EVs are projected to account for 60% of new car sales in China, 41% in Europe, and 29% in the US.
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