Anyone who doubts that the tipping point of conversion of the world's auto fleet to electric vehicles is upon us needs to explain how of the top ten global sellers, only two, the Tesla Model Y and the Tesla Model 3, showed increased sales. The Camry, Corolla, F-series Ford pick ups, CRV, RAV-4... all the internal combustion models, saw declines in sales. All of them. And, here's the thing: Tesla just cut the price of the Model Y and the Model 3 substantially, and Tesla is about to release its next-generation subcompact (dubbed "Model 2" or "Model A" but likely to be named something else), which will sell, after subsidies, for as little as $20,000 in the US. And, while other than Chinese BYD no other automaker can produce enough EVs to meet demand, the fact is that demand for nearly all EVs is exceeding demand for gas powered cars, across the board.
28 January 2023
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