An interesting article about how EV sales are likely to grow. Different kinds of buyers buy a new technology at different stages, but--and this is key--once the S-curve has bent upwards, the shift is extremely rapid. Norway is a good example of this: EV sales are 26% of total car sales now, but a year ago they were just 15%. Elsewhere we haven't reached the lower flexion point, but it is surely just two or three years away.
Read the rest of the article here.
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.