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> sales of EVs keep going up — a record 300,000 cars sold in the US in the third quarter of 2023 were electric — but the pace of adoption has markedly slowed T
by thebruce87m 3y ago
> sales of EVs keep going up — a record 300,000 cars sold in the US in the third quarter of 2023 were electric — but the pace of adoption has markedly slowed
This does not fit with the tone of the headline
- gorkish 3y agoJournalists are bad at math, surprise. "pace of adoption" = % YoY growth. As the market matures and grows, it will no longer be able to "double" or "triple" in a short amount of time. A market with a fixed cap cannot sustain indefinite exponential growth; it will be a logistic function at best. This is simply a mathematical certainty; anyone who expected otherwise is a complete idiot undeserving to report on markets.