Todays Long Read... Don't worry there are some drawings..
IEA (2024), Global EV Outlook 2024, IEA, Paris https://www.iea.org/reports/global-ev-outlook-2024,
`Should put your mind at rest that the EV revolution is continuing... The opening snippet...Electric car sales neared 14 million in 2023, 95% of which were in China, Europe and the United States
Almost 14 million new electric cars1 were registered globally in 2023, bringing their total number on the roads to 40 million, closely tracking the sales forecast from the 2023 edition of the Global EV Outlook (GEVO-2023). Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. This is more than six times higher than in 2018, just 5 years earlier. In 2023, there were over 250 000 new registrations per week, which is more than the annual total in 2013, ten years earlier. Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% 5 years earlier, in 2018. These trends indicate that growth remains robust as electric car markets mature. Battery electric cars accounted for 70% of the electric car stock in 2023.
My feelings are that as the market matures rates of growth will be less. After all an exponential curve is not really possible.
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