Global investments in EVs and charging infrastructure are set to outpace renewables in 2022, a new Bloomberg report says.

Zeroing out transportation emissions by 2050 will require getting 218 million EVs on the road worldwide by 2030. Business as usual won't work, BNEF says. 

Hundreds of investors, utility executives and others gathered for Bloomberg New Energy Finance’s Future of Energy Summit.

Rocky Mountain Institute founder Amory Lovins told the Bloomberg New Energy Finance Summit that electric intensity could fall even more dramatically in the future.

Solar industry officials expressed confidence that the sector will continue to grow despite the Trump administration’s tariffs on imported solar cells and modules.