Electric vehicle adoption is on the rise, in large part due to evolving driver preferences and new regulatory policies that are pushing manufacturers to deliver them. This shift to EVs will help to achieve reduced CO2 emissions, but the increased electricity demand relies on energy grids, which may not be ready to handle the increased load.
Sourcing more renewable power generation may not be the silver bullet to meet rising demand. A combination of infrastructure developments, innovations from auto manufacturers and political will are required to ensure the viability of EV-grids moving forward.
In episode 56 of The Flip Side, Ryan Preclaw, Global Head of Investment Sciences and Will Thompson, Sustainable & Thematic Investing Analyst explore the implications for drivers, manufacturers and policymakers.
Authorised clients can access our latest research on the topic by using the hashtags #energyrevolution and #ESGTransition on Barclays Live.
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