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A record 55.000 new passenger EV's were registered last month...

  1. 53 Posts.
    A record 55.000 new passenger EV's were registered last month (August) in China, with the market growing 68% regarding the same month last year and pulling the YTD count to over 282.000 units, up 45% YoY. (http://ev-sales.blogspot.com.au/2017/09/china-august-2017.html).


    Global electric car sales finished August 2017 with over 103,000 sales for the month, up 64% on August 2016, and the second best month ever. Year to date sales are up 47% on the same period last year. Of note, 64% of all global electric car sales in 2017 are pure electric. (https://seekingalpha.com/article/4110953-ev-company-news-month-september-2017)

    China, UK, France, Norway, Denmark plus numerous cities all banning ICE cars from 2025 - 2040.

    Do I notice a trend here? Oversupply - I don't think so.............
 
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