Electric cars are finally taking a (tiny) bite out of combustion engine sales

Discussion in 'General' started by interestedinEV, Sep 14, 2019.

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  1. interestedinEV

    interestedinEV Well-Known Member

    https://qz.com/1709036/electric-cars-are-cutting-into-combustion-engine-sales/?utm_source=YPL&yptr=yahoo

    Again a fairly superficial (no in depth analysis) article but couple of interesting graphs. Again Model 3 is the cause of the spike.

    Interesting observation though
    That’s worrisome for automakers banking on explosive EV growth to justify their billions of dollars in new investments. Growth in EV sales has been anemic in most states (just under 1% of US new-car sales on average), and modest but steady only in those with generous incentives and eager customers such as New York and California. It’s not yet the enthusiastic embrace that carmakers need to turn money-losing EVs into profitable endeavors as they retool their factories for the future.


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