Matthew Hales

Joining the discussion are Andy Leach, a BloombergNEF energy storage analyst, and Matthew Hales, also from BloombergNEF, specializing in trade and supply chains. They dive deep into the EU's plan to boost local battery manufacturing, addressing challenges from Chinese competitors and trade wars. The introduction of BYD's revolutionary battery technology promises rapid charging and extended range for EVs, while new regulations stress local sourcing. They also explore the balancing act between fast charging and battery longevity.

Antoine Vagneur-Jones and Matthew Hales from BNEF's Trade and Supply Chains team unpack the global clean technology race. They delve into the U.S. Inflation Reduction Act's transformative impact on trade relations and how Europe is responding with its Net-Zero Industry Act. The duo discusses the effectiveness of tariffs and the challenges of competing with Chinese manufacturers. They also explore the implications of impending U.S. elections on clean technology policies and the competitive landscape for both sides of the Atlantic.