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65 points doener | 1 comments | | HN request time: 0.293s | source
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m101 ◴[] No.45345745[source]
Electric car sales were 20% of all sales, so 26% increase is hardly a "surge". Going from a low base this is supposed to be higher.

I think what we are seeing is that electric car interest isn't as strong as governments hoped for. I used to own an electric car now I'm back to a hybrid.

Q4 sales in the US will be interesting because of the removal of the tax credits and the increasing electricity prices that AI is causing. Low prices of fuel in the US means that it's not exactly cheaper to run an electric car in the US.

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orwin ◴[] No.45345912[source]
I agree with the spirit of your comment, but I disagree on the first sentence. If EV were 1% of all sales, a 26% increase would be very low indeed. A 26% increase when you have 20% of a stable market is basically a company getting from a fifth of the market to a fourth, in a year. That's _absolutely_ a surge. Increase 5% of your market share is crazy high.
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m101 ◴[] No.45370836[source]
I guess pedantically it would be 15% to 20% is what happened. I guess what I am also trying to say is that the capacity for production is there for much higher, but it's just not being utilised. See Tesla sales being flat/down, or the bloodbath in Chinese vehicle pricing.
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1. orwin ◴[] No.45384512[source]
Yeah, like I said I agree with the spirit of your comment, I was nitpicking because I thought that part was weakening a point I agreed with