The Latest Breaking News from BloombergNEF

National day of protest will target JPMorgan Chase, Citigroup, Bank of America and Wells Fargo as new U.N. report warns of catastrophic climate impacts.

Global spending on passenger electric vehicles jumped 53% last year to $388 billion, according a new report published by BloombergNEF on investment in the energy transition.

New business secretary says opposition to fracking is ‘sheer ludditery’, yet he faces disbelief from many quarters

With rising gas prices increasing interest in EVs, and new government tax credits, EV adoption stands to speed up notably. However, it won't happen right away.

Experts warn of ‘permanent demand destruction’ for gas but say conditions are ideal for a structural shift to renewable energy

Government has a target of increasing non-fossil power capacity to 500 GW by 2030 and provide half of its electricity supply

Abdul Latif Jameel, an early Rivian Automotive, Inc (NASDAQ:RIVN) backer, committed to investing up to $220 million (₹17 billion) in India's battery-powered two and three-wheeler vehicles through EV maker Greaves Electric Mobility. The Saudi family-owned group will initially pay $150 million (₹11.6 billion) for a 35.8% stake in India's Greaves Cotton Ltd subsidiary to foray…

New estimates help to show EVs are shedding their status as a niche climate technology.

Tesla, Inc. (NASDAQ: TSLA) recently hiked the prices of its more affordable Model 3 sedans and Model Y SUVs in the U.S. and China.