Climate One

No Going Back: EVs and Clean Tech Tipping Points with Albert Cheung

09.09.2022 - By Climate One from The Commonwealth ClubPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

In the tech world, there’s a common belief that once a new device hits 5% market penetration, it rapidly goes from a niche to mass adoption. According to Bloomberg, the US has just passed that critical 5% tipping point for new EV purchases. Norway, an oil-rich country, was first to hit that 5% mark in 2013 and today boasts a stunning 86% of new cars being fully electric. Now California is driving the US along a similar road away from gasoline and diesel by passing a new law that will only allow emission free vehicles to be sold by 2035. Even with that California law, how confident can we be that all new American cars will be running clean? What does the 5% tipping point mean for other clean tech adoption? 

Guests:

Albert Cheung, Head of Global Analysis, BloombergNEF

For show notes and related links, visit ClimateOne.org

Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes from Climate One