Signing off here for the next month or so to work on BNEF's annual EV Outlook. You can reach me on LinkedIn if you need to get in touch.

Does anybody have data on real world PHEV performance from Toyota? Claim here is that real world driving is within 10% of how they're treated by the test cycle (other automakers in Europe are off by ~10-30x that). Seems bold.

Pretty damning result for plug-in hybrids here.
If you're an automaker pushing these, you should publish data on how much they're being used in electric mode.

There's huge oversupply in the battery market as competition between suppliers heats up. That'll make it tough for new players, but will cause battery prices to keep falling fast.

Good news for the energy transition.

BATTERY OVERSUPPLY
A while ago the media was overflowing with pundits complaining battery production would be unable to keep up with growing demand (hence e.g. Toyota USA's claim we should use hybrids with small batteries).

Now we will see complaints about battery overproduction.

Challengers to China's EV battery dominance face a problem, Colin Mckerracher writes. @CATL and BYD aren't complacent incumbents and behave 'more like scrappy startups than bloated corporate fiefdoms'. bloomberg.com/news/newslette…

Colin Mckerracher Image from NREL, data from NREL and NZA study.

Land use is one of those topics where public perception is often wildly out of synch with reality.

If you're worried about solar PV (or golf!), wait until you hear about ethanol in the US.