Ev sales used to grow at50%+ per year, but for the last couple years, they have grown closerto ~25% per year Recent headlines have suggested a slowdown in electric vehicle (ev) sales However, a closer look at the data reveals a more nuanced picture Ev sales are still growing, and crucially, gasoline car sales are declining. Ev sales continue to rise, but the last two years of headlines falsely stating otherwise would leave you thinking they haven’t After so many lies, it would be nice for everyone…
Automakers across the board are losing millions — some are losing billions — as customer demand appears to have flatlined after an initial burst of excitement The vibe, as they say, is grim. Bloomberg published a story yesterday arguing that the death of the electric vehicle has been overhyped a bit recently It's true that tesla, which is far and away the market leader, has seen a slump in sales so far this year, but several other carmakers are starting to see big gains in ev sales.
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