Electric cars had 5% market share in the US market with Tesla in the lead Comments

• MaxMcDee
• 0vY
• 21 Feb 2023

Standa, 21 Feb 2023"the sales will have to double every year for another decade", can someone explain t... moreI't not as crazy a number as you would imagine - looking at US market alone it had the best year back in 2016 reaching nearly 17.5 million cars. The worst year was 1982 with 10.3 million. There are nearly 290 million cars on the road in the US and if the goals to cut emissions set by the government are to be reached we'd have to replace all those cars. So - if we double the sales every year we'd get to nearly 400 million cars - which as you can imagine is not possible. It only shows how difficult the job ahead is - and that's just US, what about the rest of the world?

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• MaxMcDee
• 0vY
• 21 Feb 2023

Standa, 21 Feb 2023"the sales will have to double every year for another decade", can someone explain t... moreI't not as crazy a number as you would imagine - looking at US market alone it had the best year back in 2016 reaching nearly 17.5 million cars. The worst year was 1982 with 10.3 million. There are nearly 290 million cars on the road in the US and if the goals to cut emissions set by the government are to be reached we'd have to replace all those cars. So - if we double the sales every year we'd get to nearly 400 million cars - which as you can imagine is not possible. It only shows how difficult the job ahead is - and that's just US, what about the rest of the world?

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• Standa
• gEt
• 21 Feb 2023

"the sales will have to double every year for another decade", can someone explain this statement? If EVs are at 700k, doubling every year for a decade would result at some crazy number.

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