"The EV "Revolution" looks like fizzling out"......what rubbish!
Though experiencing a slowdown in rate of uptake, EV sales are still projected to rise in 2024. In the U.S., EV sales in 2024 are expected to grow y-o-y by merely 16% compared to ~64% in 2023. In China, y-o-y growth in 2024 would be 11.1% compared to 36.5% in 2023.
You don't have to look far at all to find the real picture - that EV sales continue at record pace.....no "fizzling out" anywhere to be seen!
This Year One in Five Cars Sold Globally Will Be an EV - Yale E360
"Analysts project another record year for sales of electric vehicles, driven largely by surging demand in China, the biggest market for battery-powered cars. Global sales of plug-in cars are expected to grow by 21 percent this year, according to Bloomberg New Energy Finance. Analysts project sales will total 16.7 million worldwide, including 1.9 million plug-in cars sold in the U.S., 3.4 million in Europe, and 9.7 million in China."
Who are you trying to kid?
Is the bottom in?, page-698
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