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by JaakkoP 1586 days ago
Almost certainly more than 100% bigger in two to four years, if Gartber predicts 50% growth for 2022-2021 alone. And many project more.

What’s more, the growth will likely pick up each year as more and better EVs become available, and more people start considering them as a real alternative.

1 comments

What percentage of consumers purchase new cars on a < 5 year basis? People who take out leases do, so there could be an uptick of these folks getting into EVs, but the majority of existing car owners aren't likely to hop over just to get on the EV train, I don't think, and the second hand car market is / will continue to be massive. I can't see a significant decline in gas vehicles for a decade or better, probably likely two before a significant portion of gas vehicles are off the road.