InvestAnswers

EV Tipping Point Reached - S Curve Adoption next (Patreon)

Published:

2022-07-30 20:25:46

Imported:

2022-08

Content

Thanks for the share Starset:

This is BIG! Game set and match almost for Tesla. I refer to their mfg and battery prowess and not even taking into account all the other wonderful MOATS they have.

“The US is the latest country to pass what’s become a critical EV tipping point: 5% of new car sales powered only by electricity. This threshold signals the start of mass EV adoption,” Bloomberg writes. At 5% penetration, a new technology starts the almost vertical part of the “S” curve adoption, as popularized by Tony Seba.

Files

Bloomberg Declares That The Tipping Point Has Been Reached!

A recent report by BloombergNEF declares that the tipping point for battery electric vehicle (BEV) ascendency has been reached globally. Although acceptance of EVs varies from country to country, a pattern has emerged. "Once 5% of new-car sales go fully electric, everything changes - according to a Bloomberg analysis of the 19 countries that have made [...]