|
In a decade, EVs have gone from 0% to 3% of vehicle sales. It seems unreasonable to expect the next 47% will occur in 7 years, though I suppose it's possible. Sales would need to increase about 50% each year.
7 years would be the very next generation of EVs, meaning whatever comes next after the soon to be released EVs such as the F150, Hyundai Ioniq 5, and Kia EV6. Do we expect to go from 3% of EV sales in the soon to be released generation, to 50% in the very next generation?
That's not to mention that EVs represent 3% of sales with $7,500-$10,000 in tax subsidies. Not only do they need to get better, they need to get a lot better; like $10,000 better (without actually costing that much extra).
Finally, those for whom EVs are a great fit likely already have an EV. Those wealthy enough to have multiple cars and a garage they can charge in. Getting each additional sale will become difficult as those whom an EV is not a good fit must have their obstacles removed (price, lack of charging infrastructure, limited range, slow charging).
|