Roads will have 60 times more electric cars by 2040: BP
Find out why electrics cars are expected to grow so quickly, the challenges still to be overcome, and the benefits they bring in the latest episode of BP’s Energy Illustrated video series...
The number of electric cars worldwide is growing rapidly and will jump from 5 million today to 300 million by 2040, says BP’s Chief Economist, Spencer Dale. This represents a 60-fold increase. While there remain concerns about electric vehicles that must be addressed, such as the second life use of batteries and regulations, BP believes that there is a bright future for the market.
In the latest Energy Illustrated video, Spencer Dale shares what’s driving this rapid growth and the role of electrifying mobility in the broader mobility revolution – while two professional illustrators visualise the topic.