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I can’t read that article, but, EV adoption is growing like crazy. They went from 6% of new car sales in Q3 2022 to 8% in Q32023. I suspect demand is softer tha
by thehappypm 3y ago
I can’t read that article, but, EV adoption is growing like crazy. They went from 6% of new car sales in Q3 2022 to 8% in Q32023. I suspect demand is softer than expected but I am struggling to see how it is “decreasing”.
- jandrese 3y agoIt's a decrease in the rate of growth, which of course means the industry is doomed doomed doomed according to a big oil guy at the Wall Street Journal. In reality there were some pretty big price bumps in the past year that softened demand and now they're having to walk those back via incentives. In other words normal business shit.