2 ms·
2.3% - at 60% annual growth would be ~100% in 8 years. Exponential growth is always unintuitive, but I'd expect many people in this community to understand it.
by lancewiggs 7y ago
2.3% - at 60% annual growth would be ~100% in 8 years. Exponential growth is always unintuitive, but I'd expect many people in this community to understand it.
Next questions
What is the sustainable growth rate? Higher than 60%? Lower?
And are we going to, in 10 years, see more EVs sold (for much less each) than ICE vehicles are sold today?
The answer is we'd better, as we have to get those ICE vehicles off the road.