theluckycountry wrote: They are being 'woke' in other words.
I am terribly curious how a kangaroo riding MAGA clown came to be raised in the land of banana bending?
theluckycountry wrote: They are being 'woke' in other words.
You don't understand what it means when sales are up? That means sales are growing. That means sales have not peaked. That means you are wrong.theluckycountry wrote:Remember, I called it. PeakEV
Yes the pace of EV sales are up, whatever that means lol, but the exponential growth has flatlined.
Sales of electric vehicles in the US are acceleratingUS electric vehicle sales are gathering pace, hitting the 4mn mark at the end of June. “There’s no doubt that the pie for EVs is getting bigger. More people that were buying combustion engines are buying EVs . . . Tesla’s sales are growing, but everybody’s sales are growing, and that’s the sign of a strong market.”
It took nearly eight years to sell the first 1mn battery-powered cars, trucks and vans in the US, a milestone hit in 2018. The 2mn mark took roughly 32 months, and the third million took approximately 15 months. The accelerating pace brought the 4 millionth sale after just 10 months. Tesla, General Motors and Rivian all reported strong US sales and deliveries for EVs during the second quarter, as did BYD in China.
EV Sales in China Grew 44% in First HalfVehicle sales in China grew nearly 10% in the first half of 2023, while new electric vehicle sales grew 44% over the same period. Total vehicles sold in the first half amounted to 13.24 million, of which 3.75 million were EVs. It’s a market share of 28% and continued growth at a time despite government subsidies for EVs ending last year. What’s more, China continues to expand its EV market share globally. KraneShares reported in the China Last Night blog a 170% increase in EV exports from China year-over-year in June.
Plug-in vehicles make up 16% of global new-car sales in MayGlobal plug-in vehicle registrations were up 50% year on year in May, reaching 1.06 million units. Plug-in vehicles, made up of battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs), claimed a 16% share of the global new-car market in May. BEVs alone accounted for 11% of registrations, as more drivers around the world switched to electric drivetrains from conventional petrol and diesel models. Between January and May, plug-in vehicles took a 14% share of global new-car sales, with BEVs accounting for 10%, and PHEVs the remaining 4%.
Electric car statistics: Market share and salesJul 10, 2023 - Global EV sales are forecast to reach 14 million in 2023, up 37% from 10.2 million sales in 2022.
kublikhan wrote:That means you are wrong.theluckycountry wrote: but the exponential growth has flatlined.
[/quote]Jul 10, 2023 - Global EV sales are forecast to reach 14 million in 2023, up 37% from 10.2 million sales in 2022.
Incorrect. If growth flatlines it will have, as it's name suggests, a flat line on the graph. Not a linear growth line. Example of growth flatlining:mousepad wrote:Lucky uses unlucky words, but from your own graph you can see that starting 2020 growth in sales is no longer exponential, but linear.
Of course we need 10 years worth of data to really confirm a trend, but interesting it is no less. Is the hype fizzling out? Did all the yuppies in plush suburbs buy their tesla already? Exponential growth flatlined, just as Lucky said. From your own data.
What's behind flatlining global productivity, and here's why it won't lastWhat's behind flatlining global productivity, and here's why it won't last
Visualising the growth of the electric car industryElectric vehicle (EV) sales have tripled over the past three years, from nearly three million new electric cars sold worldwide in 2020 to 10 million last year. By the end of 2023, the International Energy Agency (IEA) projects that some 14 million electric cars will be sold this year – a 35 percent increase from 2022.
mousepad wrote:Exponential growth flatlined, just as Lucky said. From your own data.
ralfy wrote:The catch is that all of that has to take place in a world with physical limitations.
Oil demand’s future is rosier than the common narrative would have you believe, according to a report released today by Energy Outlook Advisors. According to energy analyst and the report’s author Anas Alhajji, the hope that oil demand will decrease as the world transitions to clean energy is built on a lot of hype and wishful thinking.
China—the world’s largest investor in renewable energy—and India still use coal as the primary source of electricity generation. As these countries add green energy, it will have minimal effect on oil demand, if any at all, the report suggests.
Countries like China and India may have plans to continue adding solar, wind, and other clean energy sources, but economic growth continues to lap up the additions, meaning oil and even coal are unlikely to be displaced anytime soon.
ralfy wrote:One of the reasons for marketing EVs is to deal with climate change...
The ones peddling them are for-profit corporations in competition with each other, which means they want exponential sales in order to make exponential revenues...
I included the quotes that clearly separate out the volumes into 2 categories. here it is again incase you missed it:theluckycountry wrote:I point this out because most of the discussion here is being based on news stories that throw both BEV and PHEV into the same category.
Plug-in vehicles make up 16% of global new-car sales in MayGlobal plug-in vehicle registrations were up 50% year on year in May, reaching 1.06 million units. Plug-in vehicles, made up of battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs), claimed a 16% share of the global new-car market in May. BEVs alone accounted for 11% of registrations, as more drivers around the world switched to electric drivetrains from conventional petrol and diesel models. Between January and May, plug-in vehicles took a 14% share of global new-car sales, with BEVs accounting for 10%, and PHEVs the remaining 4%.
Well to you, who's brain apparently can only handle 2 types of cars: EV & ICE, PHEV and ICE are grouped together in the same category. But the rest of us can recognize that the real world is more complex than that and includes various types of electrification: BEV, PHEV, full hybrids, mild hybrid, fuel cell, etc. It you want to be educated on what these all mean, I could help you by explaining it and/or providing you links such as this one:theluckycountry wrote:So when you see a growth rate or a sales volume and it doesn't specify a distinction between the two, know that includes the two, both electric and basically ICE. This subtle obfuscation of the truth is simply one of many that are used to make the BEV look better than it is. But if something is better than the competition you don't need to lie about it, it will sell on on it's own merits.
theluckycountry wrote:Global EV Sales for 2022
https://www.ev-volumes.com/news/global- ... -for-2022/
In this link are charts showing the sales of BEV and PHEV (Battery Electric Vehicles & Plugin Hybrid Electric Vehicles) A PHEV for those who don't know, and I suspect many who read these posts don't make the distinction, are gasoline powered cars with a battery electric component. In other words they use their battery for short trips but if charging is inconvenient or expensive, or the trip is long, they run on gasoline.
I point this out because most of the discussion here is being based on news stories that throw both BEV and PHEV into the same category. So when you see a growth rate or a sales volume and it doesn't specify a distinction between the two, know that includes the two, both electric and basically ICE. In the charts above the BYD company of China, the largest seller of these cars worldwide, sells as many hybrids as it does full electric units.
This subtle obfuscation of the truth is simply one of many that are used to make the BEV look better than it is. But if something is better than the competition you don't need to lie about it, it will sell on on it's own merits.
kublikhan wrote:I included the quotes that clearly separate out the volumes into 2 categories. here it is again incase you missed it:theluckycountry wrote:I point this out because most of the discussion here is being based on news stories that throw both BEV and PHEV into the same category.Plug-in vehicles make up 16% of global new-car sales in MayGlobal plug-in vehicle registrations were up 50% year on year in May, reaching 1.06 million units. Plug-in vehicles, made up of battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs), claimed a 16% share of the global new-car market in May. BEVs alone accounted for 11% of registrations, as more drivers around the world switched to electric drivetrains from conventional petrol and diesel models. Between January and May, plug-in vehicles took a 14% share of global new-car sales, with BEVs accounting for 10%, and PHEVs the remaining 4%.Well to you, who's brain apparently can only handle 2 types of cars: EV & ICE, PHEV and ICE are grouped together in the same category. But the rest of us can recognize that the real world is more complex than that and includes various types of electrification: BEV, PHEV, full hybrids, mild hybrid, fuel cell, etc. It you want to be educated on what these all mean, I could help you by explaining it and/or providing you links such as this one:theluckycountry wrote:So when you see a growth rate or a sales volume and it doesn't specify a distinction between the two, know that includes the two, both electric and basically ICE. This subtle obfuscation of the truth is simply one of many that are used to make the BEV look better than it is. But if something is better than the competition you don't need to lie about it, it will sell on on it's own merits.
Hybrid Electric Vehicle Technology and Types of Electric Vehicles Explained
On the other hand, if you are just here to spread FUD about BEVs and you have shut your brain off to anything outside that goal, there is no helping you. I suspect the latter.
I tried the nice guy approach. Often the information he is providing is flat out wrong. That's fine, we all make mistakes. But when I point out where he was incorrect often he would resort to personal attacks instead. The nice guy approach doesn't work with him if you provide facts contrary to his opinion.careinke wrote:Maybe an approach could be a statement like "In addition to the the info you provided, here is some more info to consider."
theluckycountry wrote:The EV was designed and built to "Shut you up" to stop you asking "What are going to do about scarcity of oil?" And guess what? It worked, people don't ask that inconvenient question anymore.
careinke wrote:Has anybody noticed Musk's companies never have an advertising/marketing department? Have you ever seen a Tesla commercial? Instead he just makes cool stuff that people want. I wonder how much that improves his ROI?
PEACE
careinke wrote:Maybe an approach could be a statement like "In addition to the the info you provided, here is some more info to consider."
careinke wrote:
Lucky thanks for the link, it is a keeper.
Lots of good info in those graphs. The first graph shows a global adoption rate surpassing 12% this year. A 12% adoption rate has a high chance of becoming a tipping point very similar to the car versus horse adoption rate in the early 20th century.
DETROIT, July 12, 2023 (Reuters) - The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers' dealerships or to allow Tesla to avoid new price cuts, according to analysts and industry data.
Rising inventories and price-cutting could represent only a short-term pause in EV market growth. But they could be signals that boosting U.S. EV sales above the current 7% market share level will be more costly and difficult than expected, even with federal and state subsidies.
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