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For the downvoters, look it up - this is objectively true and has been well reported. And I’m not saying don’t buy an electric car, just that EV sales have dec
by cpursley 3y ago
For the downvoters, look it up - this is objectively true and has been well reported.
And I’m not saying don’t buy an electric car, just that EV sales have decreased.
- rsynnott 3y ago… Wait, how are you defining ‘downward trend’? The rate of _growth_ has slackened, which you expect as a product category matures, but sales are still very much growing. I’d be a little more sceptical of the media sources doing this well-reporting, if I were you.
- cpursley 3y agohttps://www.wsj.com/business/autos/electric-vehicle-demand-charts-7d3089c7 https://www.wsj.com/business/autos/electric-vehicle-demand-c...
- sokoloff 3y agoThe legend on that chart says "U.S. electric-vehicle sales, change from a year earlier" That's a plot of the first derivative (which is still positive [+42% at the last measure, meaning for every 100 EVs sold in Nov 2022, there were 142 sold in Nov 2023]) and the slope of that line is a derivative of the first derivative, or a second derivative. tl;dr: EV sales are growing. That rate of growth is slower than it was before.
- rsynnott 3y agoAs I said, the rate of growth is decreasing, but sales are still growing. That article is kinda misleadingly couched, tho (I mean, Murdoch media, what can you expect?), and I can see how people could misread it as saying that sales were actually decreasing.
- wongarsu 3y agoI couldn't find anything substantiating this claim, everyone is reporting record sales. What is decreasing is sales growth [1]. As in: each year more EVs are sold than the last year, but the difference to previous year's sales is shrinking 1: https://www.ev-volumes.com/ https://www.ev-volumes.com/
- ZeroGravitas 3y agoSometimes the difference is still increasing year on year, but due to the higher baseline, the percentage increase has declined.
- pjc50 3y agoNo, the absolute sales and percentage of sales is up, it's just the rate of acceleration that's decreased. https://www.ev-volumes.com/ https://www.ev-volumes.com/
- cpursley 3y agoThis literally has sections labeled “Lower European Expectations” and “North American fall”.
- Symbiote 3y agoYou will need to read the sentences or look at the charts rather than just skim the headings.
- kergonath 3y agoYes. Poor reporting is incredibly common and most journalists seem to have no clue about the difference between a first and a second derivatives. See also, most articles about the economy.
- rsynnott 3y agoBut note that the actual data presented shows an increase in sales.
- kergonath 3y ago“Look it up” is not a good way to make a point. If you are making the claim, then you need to substantiate it.
- cpursley 3y agoI dropped some links into several comments. Should I for every single response? Look it up.