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. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

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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