<
https://electrek.co/2024/09/10/ev-sales-have-not-fallen-cooled-slowed-or-slumped-stop-lying-in-headlines/>
"EV sales continue to rise, but the last year of headlines falsely stating
otherwise would leave you thinking they haven’t. After about full year of these
lies, it would be nice for journalists to stop pushing this false narrative
that they could find the truth behind by simply looking up a single number for
once.
Here’s what’s actually happening: Over the course of the last year or so, sales
of battery electric vehicles, while continuing to grow, have posted lower
year-over-year percentage growth rates than they had in previous years.
This alone is not particularly remarkable – it is inevitable that any growing
product or category will show slower percentage growth rates as sales rise,
particularly one that has been growing at such a fast rate for so long.
In some recent years, we’ve even seen year-over-year doublings in EV market
share (though one of those was 2020->2021, which was anomalous). To expect
improvement at that level perpetually would be close to impossible – after 3
years of doubling market share from 2023’s 18% number, EVs would account for
more than 100% of the global automotive market, which cannot happen.
Clearly, growth percentages will need to trend downward as a new product
category grows. It would be impossible for them not to.
To take an extreme example, it would be odd to say that sales are slumping in
Norway, which just set a record at 94% EV market share in August with 10,480
units moved, because BEV sales only went up 5% compared to the previous
August’s 9,974 units.
And yet, this mathematical necessity has been reported time and time again in
media, and by anti-EV political forces, as if EV sales are down, despite that
they continue to rise."
Via
Fix the News:
https://fixthenews.com/living-beings/
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
