It's Geoffrey Moore's chasm, right on time with respect to market adoption. It's all pragmatist arguments as predicted as well. You can see a similar dip at ap

It's Geoffrey Moore's chasm, right on time with respect to market adoption. It's all pragmatist arguments as predicted as well. You can see a similar dip at approximately the same point in other EV adoption curves, such as Norway: https://www.weforum.org/agenda/2023/01/norway-electric-vehicle-energy-transport/ https://www.weforum.org/agenda/2023/01/norway-electric-vehic... ... That green line, we're in the dip right now. Since the US is such a big market you can't look at it holistically. You have to look at it regionally (the US has 60x more people than Norway): https://insideevs.com/news/688779/california-tops-us-ev-adoption-25-percent-share-total-sales-h1-2023/amp/ https://insideevs.com/news/688779/california-tops-us-ev-adop... We're talking about the markets with high pickup rate which have recently seen a downtick. It's only unexpected if you don't study literature of market adoption behaviors of emerging technologies. This lull absolutely was coming. It always does in behavior-based products, especially those with infrastructure requirements. Here it was in broadband for instance at about the same point in 2004: https://www.pewresearch.org/internet/2006/05/28/part-1-broadband-adoption-in-the-united-states/ https://www.pewresearch.org/internet/2006/05/28/part-1-broad...