The EV Myth: Electric Vehicle Sales are Tanking
Recent ffigures how ev car sales are dropping dramatically.
EV Myth Busted: EV Car Sales are Healthy
If you look at the below graph showing sales of electric vehicles, there’s a drop from the December quarter to the March quarter. While this does show a drop, if you look at every year there’s a similar drop. The January to March period coincides with the northern hemisphere winter and sales are always lower.
To get a true picture look at corresponding quarters of each year. Comparing March 2024 with March 2023 still shows an increase. Similarly December 2023 was higher than December 2023 in preceding years.
Why is the media saying this? Whay does the media say anything? For ratings of course. Controversial stuff sells advertising.
Yes, sales of Electric Vehicles in January to March are lower than October to December, but you don’t need to be a genius to see this is a normal seasonal trend.
References
Clean Technica Global Sales Report
Graphic courtesy of: IEA (2024), Quarterly electric car sales by region, 2021-2024, IEA, Paris https://www.iea.org/data-and-statistics/charts/quarterly-electric-car-sales-by-region-2021-2024, Licence: CC BY 4.0