More on the Electric Vehicle Adoption Curve
Here’s a report on the EV adoption curve that discusses its limiting factors, e.g., technical limitations, production challenges, and consumer uncertainty.
Yes, the industry is experiencing a 50% per annum growth rate, which sounds great until one realizes that 50% of a small number is itself a small number.
Certain countries are doing very well here. China is building and selling over one million EVs per year, and countries like Norway are gobbling them up: