Top 9 Recent EV Breakthroughs 1 Global Tipping Point (2026): Global electric passenger car sales tracking to hit 23m in 2026, a 28% global share, with over 80% of Asia’s power demand now sitting in markets electrifying faster than the US 2 Light EV Revolution (Global South 2026): Global stock of electric 2- and 3-wheelers at 350m vehicles, displacing record 1.15m barrels of oil demand / day, single largest driver of road-fuel demand destruction on Earth 3 Battery Tech: CATL unveiled 3rd-generation Shenxing/Qilin battery tech, delivers 98% charge in 6 minutes + 1,500km range 4 Heavy Trucks (China 2026): E-trucks at 29% market share in China, overtaking LNG models for 1st time, backed by battery-swapping hubs that swap a 40-ton rig's battery in under 5 minutes 5 Extinction Event (Norway 2026): Pure BEVs hit world-record 98.4% of new car sales in Q1 2026, leaving diesel, petrol, and plug-in hybrids combined at under 1.6% market share as combustion engines reach effective extinction 6 Beautiful Bans (Laos 2026): Laos issued a complete import ban on refined petrol/diesel passenger vehicles, forcing vertical S-curve transport shift and halting foreign exchange bleeding 7 Indonesia Boom (2026): Electrified vehicle sales up 69% in H1 to 117,000 units, with 1 in 4 new passenger cars now electrified (BEVs alone ~16% share) 8 Australia Surge (2026): EV sales more than doubled in H1 to over 100,000 units, market share leaping from 7.6% to 16.4% YTD and hitting record 23.5% in June, outselling both diesel and hybrids for 1st time 9 Emerging Markets Boom (2026): Sales doubled in Brazil, India, Korea and Viet Nam (Viet Nam BEVs at 43% share and Brazil up 125% in H1), with New Zealand BEVs more than tripling in key months Voila. Technology beats finite commodities every single time Wires chewing pipelines

Everything’s pretty much as expected, except much worse: Sea surface temperatures totally out of control, & global surface temperatures crashing through 1.5°C warming Keep living in a fool's paradise, or phase-out fossil fuels now [Charts via @EliotJacobson and @hausfath]

Today’s "anytime solar" revolution is a vertical takeover of the global power grid: With stationary battery costs cratering 45% in just 12 months to $70/kWh, the "but the sun doesn't shine at night" argument is officially in the graveyard 1 It's a takeover of the "peak market": Traditionally, expensive gas "peaker" plants were the only way to meet high demand in the evening. Batteries are now eating this market for breakfast, already setting peak prices 36% of the time in Australia and slashing price volatility by half 2 It's a takeover of the "baseload market": Fossil fuel advocates long claimed coal and gas were necessary for "always-on" power. In 2025, dispatchable solar with batteries reached a price point ($76/MWh) that makes it cheaper than building new gas plants and comparable to or cheaper than new coal in markets like India 3 It's a takeover of the "night market" too: Fossil fuels used to "own" the hours from 6 PM to 6 AM. With battery costs cratering by 45% in 2025 alone, we have entered the era of "Anytime Solar," where the sun's energy is stored during the day to power the grid around the clock, effectively evicting fossil fuels from the dark hours 4 And finally it's a takeover of the "growth market": In the past, economic growth meant more fossil fuels. In 2025, clean power met 100% of all new electricity demand growth globally. This means fossil fuels have lost their "right to grow" and are in inevitable decline

44% of evening peak met by batteries. In California, world’s 4th largest economy. Not some tiny pilot project or a niche experiment, a global industrial powerhouse If you’re still sitting in boardrooms or parliament banging on about baseload and the intermittency of renewables, you’re not just wrong, you’re a dinosaur California's 44% isn't an anomaly. It's a preview of the 2027-2030 reality for every major grid overbuilding renewables The "technical barriers" the fossil fuel lobby loves to cry about are gone. We are shifting solar and wind into the night at a massive, industrial scale. We don't need expensive, inflexible coal or gas to keep the lights on; we need more storage and we need it now - everywhere reneweconomy.com.au/grid-bat…