...people are keeping their old cars for longer because their...

...people are keeping their old cars for longer because their capacity to replace them has reduced with rising car prices, car insurance costs and overall higher cost of living.
...with the economy getting worse, we should expect this to get worse, i.e people have no choice but to stick with their old car.
...certainly not helping EV sales going forwards. Dwell not on recent EV sales outcomes, dwell on what is likely ahead.

Radius Recycling: "Average vehicle life is highest on record and auto production is still below pre-pandemic levels, leading to fewer cars available for recycling"
https://x.com/TheTranscript_/status/1809648531944423444