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> Also, their EV-only strategy makes them vulnerable to the slower than expected uptake of electric vehicles in many markets. Careful of the headlines here. I
by thebruce87m 3y ago
> Also, their EV-only strategy makes them vulnerable to the slower than expected uptake of electric vehicles in many markets.
Careful of the headlines here. I know you said “in many markets” but sales are continuing to increase year-on-year, despite headlines claiming a “slowing”. You’re not claiming the opposite but I’ve seen people get confused about the news coverage of this.
Slowing is such a bad term to use since people don’t realise they are talking about the second derivative. If you are driving and your acceleration drops but is still positive, are you slowing or speeding up? Most people have equated it to sales going down because of misleading headlines.
https://www.reuters.com/business/autos-transportation/global-electric-car-sales-rose-31-2023-rho-motion-2024-01-11/ https://www.reuters.com/business/autos-transportation/global...