Zer0t
Member
Where is 2022 and 2023? 2024 projections?Shrinking growth rate isn't a market collapse
I'm not sure what you specifically by "incrementally" - did you mean "linearly"?
Regardless, I disagree. EV adoption absolutely can grow exponentially. See Norway, for instance.
Or take a look at how smartphone adoption has progressed to see what a zero to 100% (ish) growth S curve looks like.
View attachment 1008682
I didn’t say market collapse, I said the rate of growth is slowing.
How Electric Vehicles Are Losing Steam With U.S. Buyers, in Charts
EV sales began to stall in the latter half of this year, a move that car executives attributed to electric models’ relatively high prices.
www.wsj.com
EV usage is surging in Norway, and the electric grid 'isn't collapsing': New York Times
Norway could be a testing ground for how electric vehicles can be sustained and maintained, says a New York Times report.
www.marketwatch.com
Your chart is Norway which has heavy EV adoption.