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Electric Vehicles [message #351442] |
Mon, 20 January 2020 08:09 |
Christo
Messages: 109 Registered: April 2019 Location: Weymouth, MA
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Hi all,
I had intended to politely take exception to James Hupy's comment on the Electric Fuel Pump thread where he said, "Sale of Electric Vehicles dropped by 7% in 2019.
People that still can think for themselves, aren't buying them," but for some reason his post is only showing up in the email digest and not on the forum. Anyhow, it's probably better to start a new thread. I can think for myself, so here goes:
Global auto sales were down from 94.4 million to 90.3 million. Despite that overall environment, EV sales and market share (the more important figure if we're debating what people are buying) increased. Looking at the components that make up the global figure, EV sales and market share were down in the US. However, both numbers were up in Europe, and although EV sales were down slightly in China, market share increased.
Overall, the multi-year trend is clear: EV investment and market share are growing. In addition, the combined annual growth rate (CAGR) of renewable energy is forecast to be 8.5% between 2019 and 2027. Coal, meanwhile is in decline; its market share in the US has dropped from 52.8% in 1997 to 27.4% in 2018.
Sources:
https://cleantechnica.com/2020/01/18/fossil-vehicle-sales-in-global-freefall-down-4-7-in-2019-electric-vehicle-sales-continue-to-grow/
https://qz.com/1762465/2019-was-the-year-electric-cars-grew-up/
https://www.marketwatch.com/press-release/renewable-energy-market-size-growth-2019-merger-share-trends-competitive-landscape-statistics-regional-and-g lobal-industry-forecast-to-2027---01-jul-2019-2019-07-01
https://en.wikipedia.org/wiki/Coal_power_in_the_United_States#cite_note-eia.doe.gov-7
Christo Darsch
GMC Nor'easters
1977 Eleganza II - "The Komet"
3.50 Power Drive, Disc Brakes, Alcoas
Weymouth, MA
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Electric Vehicles
By: Christo on Mon, 20 January 2020 08:09
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Re: Electric Vehicles
By: Christo on Mon, 20 January 2020 11:13
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Re: [GMCnet] Electric Vehicles
By: johnd01 on Fri, 24 January 2020 13:08
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By: johnd01 on Fri, 24 January 2020 19:26
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By: sgltrac on Fri, 24 January 2020 19:55
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By: johnd01 on Sat, 25 January 2020 11:20
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By: ljdavick on Sat, 25 January 2020 15:10
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By: johnd01 on Sat, 25 January 2020 20:20
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By: johnd01 on Fri, 24 January 2020 20:52
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Re: Electric Vehicles
By: 6cuda6 on Tue, 21 January 2020 09:27
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Re: [GMCnet] Electric Vehicles
By: Keith V on Tue, 21 January 2020 13:21
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Re: [GMCnet] Electric Vehicles
By: ljdavick on Mon, 20 January 2020 12:25
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By: 6cuda6 on Mon, 20 January 2020 11:33
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By: 6cuda6 on Mon, 20 January 2020 12:48
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By: 6cuda6 on Tue, 21 January 2020 09:42
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By: 6cuda6 on Tue, 21 January 2020 15:39
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Re: [GMCnet] Electric Vehicles
By: johnd01 on Tue, 21 January 2020 15:32
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By: johnd01 on Tue, 21 January 2020 17:02
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By: 6cuda6 on Thu, 23 January 2020 11:00
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By: johnd01 on Thu, 23 January 2020 12:18
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Re: [GMCnet] Electric Vehicles
By: johnd01 on Thu, 23 January 2020 14:56
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By: johnd01 on Fri, 24 January 2020 12:32
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