Leonardo Paoli

Elizabeth Connolly, an energy technology analyst and co-author of an IEA report, and Leonardo Paoli, also an energy analyst focusing on battery supply chains, dive into the pivotal changes in the global car industry. They discuss the rising dominance of electric vehicles, forecasting a quarter of car sales will be electric by 2025. Connolly highlights China's production surge and the shifting landscape of car ownership in emerging economies. Paoli reveals the dramatic decline in battery costs and the concentration of battery manufacturing in Asia, emphasizing the need for diverse electrification paths.