{"id":2676,"date":"2025-11-12T13:52:39","date_gmt":"2025-11-12T13:52:39","guid":{"rendered":"http:\/\/eautomobiliai.lt\/index.php\/2025\/11\/12\/ev-sales-still-have-not-fallen-cooled-slowed-or-slumped-media-is-lying-to-you\/"},"modified":"2025-11-12T13:52:39","modified_gmt":"2025-11-12T13:52:39","slug":"ev-sales-still-have-not-fallen-cooled-slowed-or-slumped-media-is-lying-to-you","status":"publish","type":"post","link":"http:\/\/eautomobiliai.lt\/index.php\/2025\/11\/12\/ev-sales-still-have-not-fallen-cooled-slowed-or-slumped-media-is-lying-to-you\/","title":{"rendered":"EV sales *still* have not fallen, cooled, slowed or slumped. Media is lying to you."},"content":{"rendered":"


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\n\t\t\t\tBYD Shenzhen, the world’s largest car transport ship (Source: BYD)\t\t\t<\/figcaption><\/figure>\n

EV sales continue to rise, but the last two years of headlines falsely stating otherwise would leave you thinking they haven\u2019t. After so many lies, it would be nice for everyone to stop pushing this false narrative that they could find the truth behind by simply looking up one single number <\/strong>for once.<\/p>\n

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(This is an update of a previous article which remains largely true today, but apparently bears restating, since this misinformation remains pervasive)<\/p>\n

Here\u2019s what\u2019s actually happening: Over the course of the last two years or so, sales of battery electric vehicles, while continuing to grow, have posted lower year-over-year percentage growth rates than they had in years prior. EV sales used to grow at 50%+ per year, but for the last couple years, they have grown closer to ~25% per year.<\/p>\n

This alone is not particularly remarkable \u2013\u00a0it is inevitable that any growing product or category will show slower percentage growth rates as sales rise, particularly one that has been growing at such a fast rate for so long.<\/p>\n

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In some recent years, we had even seen year-over-year doublings in EV market share (though one of those was 2020->2021, which was anomalous). To expect improvement at that level perpetually would be close to impossible \u2013\u00a0after 3 years of doubling market share from 2023\u2019s 18% number, EVs would account for more than 100% of the global automotive market, which cannot happen.<\/p>\n

Clearly, growth percentages will need to trend downward as a new product category grows. It would be impossible for them not to.<\/p>\n

To take an extreme example, it would be odd to say that sales are slumping in Norway, which just set a record at 98.3% BEV market share in September with 14,329 units moved, because BEV sales only<\/em> went up 14.6% compared to the previous September\u2019s 96.4% BEV number (incidentally, 2024 YoY sales were up 10%, so sales<\/em> growth actually is <\/em>accelerating, but market share growth cannot at such high percentages).<\/p>\n

And yet, this mathematical necessity has been reported time and time again in media, and by anti-EV political forces, as if EV sales are down, despite that they continue to rise.<\/p>\n

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Turinys:<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n