meta_pixel
Tapesearch Logo
Log in
Zero: The Climate Race

It's done. The future is electric cars.

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7219 Ratings

🗓️ 5 October 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

The rise of electric cars is staggering. In 2016, just 700,000 electric cars were sold worldwide, this year it’ll be over 14 million. However, we are still off-track to meet climate goals. Colin McKerracher, head of Advanced Transport at BloombergNEF, joins Zero to discuss how electric cars can get on track to meet net-zero targets, why China has succeeded where others haven’t, and when we’ll finally see more electric cars on the roads than those burning fossil fuels. 

Read more: 

 

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit bloomberg.com/green



See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Zero. I'm Akshadrati. This week, EVs everywhere all at once.

0:18.8

It wasn't long ago that electric vehicles were seen as a novelty item that some

0:23.5

eccentrics pursued despite the many problems.

0:26.5

The range was too short, the charging too slow, the price too high.

0:31.4

Now they are everywhere.

0:33.8

Teslas have gone from being the car of the Uber rich to the car of the Uber driver.

0:38.3

And all the major manufacturers have been forced to take the plunge into making electric vehicles.

0:44.0

The growth is staggering. In 2016, just 700,000 electric cars were sold globally.

0:50.7

This year, that number will be over 14 million.

0:54.8

The charge is clearly led by China, but EVs are seeing a rise in popularity all across

0:59.6

the world.

1:00.7

And yet, despite all the success, we are still way of meeting climate targets.

1:05.9

We're not on track.

1:06.9

So even though it's gone really quickly, we're not on track for the net zero scenario.

1:10.0

The net zero scenario is that pretty much for passenger car sales, you need to phase out

1:13.9

combustion vehicle sales fully, globally by around 2035.

1:17.3

That's Colin McIracker, head of advanced transport for Bloomberg NEF.

1:21.5

If you want to understand what's happening with electric vehicles worldwide and where the industry

1:26.5

goes next, he is the person to talk to.

1:29.3

Every time I read one of his columns, I walk away learning something new.

1:33.3

He recently wrote about how China has reached peak gasoline demand, how global EV sales have breached $1 trillion,

1:41.3

and why electric cars are winning because of consumers, not politicians.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.