Bloomberg Intelligence
China Trade Curbs, Trump Interview
Jul 17, 2024
Bloomberg reporters discuss US trade rules in China, Brad Stone dives into Trump's interview, and a financial advisor shares market insights. Plus, analysis on the EV industry, market dynamics, and potential impact of the US election on different sectors.
41:49
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Quick takeaways
- Commercial fleets are increasingly adopting electric vehicles due to lower operating costs and favorable total cost of ownership.
- Regional variations in EV demand exist, with the US showing rapid growth in adoption, Europe preferring different EV types, and China presenting a unique market landscape.
Deep dives
Growing Demand for EVs in Commercial Market
The demand for electric vehicles (EVs) in the commercial market is increasing, driven by fleets recognizing favorable total cost of ownership and improving infrastructure. Fleets find the economic benefits of EVs compelling due to lower operating costs compared to internal combustion vehicles, leading to a surge in EV commercial adoption.
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