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China has a comparable oil consumption to the US and has almost gained 25% market share for BEV. But also in the US electric cars sales are rising. You are mos
by legulere 3y ago
China has a comparable oil consumption to the US and has almost gained 25% market share for BEV.
But also in the US electric cars sales are rising.
You are most likely thinking of the Gartner hype cycle, which is about visibility of topics. I think we reached the plateau of productivity by now. BEV cars also have their issues, but in many cases are the better pick over ICE cars.
A way more fitting graph to look at now are sigmoid functions, also known as sigmoid functions. They tend to model the technology adoption life cycle fairly well. Adoption in the beginning is fairly slow then speeding up just to slow down again until the technology is affordable and good enough to also handle special needs. We are currently in the phase of accelerating adoption that looks like exponential growth.