The outlook for global oil demand has changed dramatically over the last decade. New technologies and policy have energy experts forecasting that demand for oil will peak. Many tie this outlook to the advent of electric vehicles, but given that cars account for only one-fourth of world oil demand today, others factors will play an important role in peak oil, including the electrification of the transport sector and large vehicles, including trucks and buses. To understand the outlook for electrification of the U.S. transport sector, host Jason Bordoff speaks with Ryan Popple, President and CEO of Proterra, a U.S. company that designs and manufactures fleets of electric powered buses, on a new episode of Columbia Energy Exchange.
Prior to joining Proterra, Ryan was a partner at Kleiner Perkins and one of the first 200 employees at Tesla Motors, where he was senior director of finance. He serves on the board of the Silicon Valley Leadership Group and he previously served in the U.S. Army.
Among the topics that Ryan and Jason discuss are: The economics of electrifying bus fleets and impacts of volatile oil prices; The outlook for battery technology; Electric bus performance today and in the future; The link between energy policy and electrification of the transport sector; and the outlook for electric vehicles outside the United States.