Easier to do when the starting number is lower. 50% of 1m is easier than 50% of 100m (dramatic example only, not real numbers). I think the best number to use is the overall take rate of a BEV of the total sales. Example, fortune magazine posted an article 6 days ago about BEVs having a 9% take rate so far in 2023 in the US, and quick search shows about 7.3% take rate for 2022. Still a decent increase.
That said, BEVs in some sectors are selling like hot cakes, others seem to a bit slower to sell, coming from the manufacturers.
But I thought demand for EVs was cratering?! 🙄
HEVs are booming, BEVs are slumping
That’s what Toyota and Big Oil want you to believe.
Sure, that’s why BEV sales are up something like 50% year over year
Easier to do when the starting number is lower. 50% of 1m is easier than 50% of 100m (dramatic example only, not real numbers). I think the best number to use is the overall take rate of a BEV of the total sales. Example, fortune magazine posted an article 6 days ago about BEVs having a 9% take rate so far in 2023 in the US, and quick search shows about 7.3% take rate for 2022. Still a decent increase.
That said, BEVs in some sectors are selling like hot cakes, others seem to a bit slower to sell, coming from the manufacturers.
The truth is getting around faster than suckers are being born.
That’s the real reason for the BEV slump and HEVs taking off.