4 ms·
It’s very likely to go the way of oil. EV demand has slowed down recently (honestly I don’t believe the world is ready for mass adoption and EVs themselves are
by linhns 3y ago
It’s very likely to go the way of oil. EV demand has slowed down recently (honestly I don’t believe the world is ready for mass adoption and EVs themselves are not ready also), so we’ll keep finding more and more and always beyond the consumption.
- feedsmgmt 3y agoI think that is an odd opinion to have. The data shows otherwise: https://www.canarymedia.com/articles/electric-vehicles/chart-us-ev-sales-are-having-a-record-setting-year https://www.canarymedia.com/articles/electric-vehicles/chart...
- epistasis 3y agoThere are large propaganda channels masquerading as news outlets that push this idea continually as part of culture war. I would agree it's an odd opinion, but it is fairly common due to the ever present misinformation.
- enslavedrobot 3y agoOr maybe it's the fact that incumbent manufacturers of internal combustion cars spend billions on advertising and publications are protecting their source of income.
- thebruce87m 3y agoGlobally demand is up. https://www.reuters.com/business/autos-transportation/global-ev-sales-hit-new-record-november-rho-motion-2023-12-12/ https://www.reuters.com/business/autos-transportation/global... > LONDON, Dec 12 (Reuters) - Global sales of battery electric vehicles (BEV) and plug-in hybrids (PHEV) rose 20% versus a year ago as strong growth in North America and China offset lower sales in Europe, according to market research firm Rho Motion.
- kccqzy 3y agoI hate the weasel words of "demands slowing down". It's always not clear what exactly is happening from this phrase. Is the production or sales going down year-over-year or quarter-over-quarter? Because that's what people think "demand slowing down" means. However what's actually happening is that demand is going up, but at a rate slower than before. Imagine that in 2022 demand increased by 60% YoY but in 2023 demand only increased by 40% YoY (these are approximate figures). You are measuring the second derivative which is decreasing from a big positive value to a smaller positive value, which is not usually described by the word "slow". Intuitively "slow" means the second derivative has become negative.
- digging 3y agoSo the rate of change of demand is decreasing. Decreasing rate of change is the definition slowing down. Although I agree that most people probably misinterpret the phrase as you say. (It seems other replies have had that interpretation.)
- throwaway167 3y agoIncreasing less fast is not the definition of slowing down, it's the definition of increase increasing less fast.
- digging 3y ago> Increasing less fast is not the definition of slowing down Increasing position less fast is the definition of slowing down, as I said. Increasing speed less fast is, of course, not the definition of slowing down, it's decelerating; we agree on this. But you are equating demand to "speed" (rate-of-change of position), and I am equating demand to "position" (not a rate-of-change). If demand is analogous to speed, then what is is measuring the rate-of-change of?
- thebruce87m 3y agoIf you reduce acceleration, your speed is still increasing if you still have positive acceleration. This is still speeding up, not slowing down.