BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure
Green Car Congress
JANUARY 20, 2021
Commercial EV investment declined from $12 billion in 2016 to $4 billion in 2020. This has been due to two factors: the decline in upfront costs of the vehicles—driven by falling battery prices—and changes in predominant duty cycles of vehicles sold in developed economies (Europe, US). Investment in public charging hit $4.1
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