Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. I do make mistakes, but I try hard to do my analysis thoroughly, and to make sure my data are correct. Remember: the unexpected sometimes happens. The expected does too, but all too often it takes longer than you thought it would.

The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Monday, April 20, 2015

EV sales have quintupled in 4 years

Electric vehicle (EV) sales have quintupled in four years.

And sales are likely to go on doubling every 2 years because battery costs are following the same steady declining path already taken by solar panels.  EV sales are now 0,5% of total global car sales, which means they are just 9 doublings (or 18 years) away from 100% of new car sales.  My guess is that it will go faster than that because it's obvious to everyone that global warming is real and a terrifying threat to our civilisation.

Read more here.

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