ICE or EV?

[morekaos]

Consider your audience, high income liberal Californians. The rest of the country is not on board with this trend. Again, I’ve never said that people won’t buy these things just that my money shouldn’t be used so that they can. The markets will figure it out.

 

[bwpunch]

For morekaos' next math lesson:

EV sales have not fallen, cooled, slowed or slumped. Stop lying in headlines.

Electric car sales keep rising, even as headlines would have you believe otherwise. Gas car sales, however, actually *are* down.

electrek.co

<<

EV sales have not fallen, cooled, slowed or slumped.​

[...]

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.

[...]

Gas car sales are​

Because that’s just the thing: the number of gas-only vehicles being sold worldwide is a number that actually is falling. That number continues to go down year over year.

Sales of new gas-powered cars are down by about a quarter from their peak in 2017, and show no signs of recovering. It is exceedingly likely that 2017 will be the high-water mark of gas-powered cars ever sold on this planet.

And yet, somehow, virtually every headline you read is about the “EV sales slump,” rather than the “gas-car sales slump.” The latter is real, the former is incorrect.

>>

This chart needs to be adjusted or fixed. It needs to subtract the vehicle sales from China. A country that heavily subsidizes locally built EV does not represent a meaningful data for the rest.

 

[momopi]

This chart needs to be adjusted or fixed. It needs to subtract the vehicle sales from China. A country that heavily subsidizes locally built EV does not represent a meaningful data for the rest.

Subsidy Tracker

Subsidy Tracker, produced by the Corporate Research Project of Good Jobs First, is a wide-ranging database on misconduct by large and small corporations throughout the United States.

subsidytracker.goodjobsfirst.org

Subsidy Tracker

Subsidy Tracker, produced by the Corporate Research Project of Good Jobs First, is a wide-ranging database on misconduct by large and small corporations throughout the United States.

subsidytracker.goodjobsfirst.org