Hyperdrive

Cheaper GM Batteries, More Chargers Are Coming as EV Industry Grows

Executives from the energy-transition sector made encouraging remarks at the BloombergNEF Summit San Francisco.

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General Motors expects to slash battery pack prices further this year, companies are rushing to add more electric-vehicle chargers in the US and power grids are becoming smarter. Those were just three of the encouraging messages from executives at the BloombergNEF Summit San Francisco last week, which convened leaders from across the energy-transition industry.