Are EV sales 'tanking'?
This is a very interesting video responding to the argument "EV sales have tanked".
The rest of this is a quick TL:DR if the video, you can skip straight to the video of you are going to watch it.
The summary is that ICE and EV sales are both below expectations, though EV sales are increasing. This is largely because a lot of people want to buy an EV as the next vehicle but are keeping their vehicles for longer until prices reduce and technology becomes more advanced.
The video includes details of how this is affecting different companies, particularly those who have large dents and now are hit will falling ICE sales but EV sales not yet large enough to replace them. It also backs up these statements with figures from industry reports and touches on the US lagging behind the EU and China.
https://youtu.be/ICtH9juXYlI?si=88-98qRtbMIowhGQ
#Environment #EV #Cars #Transport #GreenPolicies