As far as I’ve understood the EV sale slump is mostly explained by a reduction in sales of cars in general. I wish the article mentioned that.
It’s interesting that the slump happened at a similar market share point where the EV sale had a downturn in Norway. The reasons are somewhat different, but a contributing factor could be that infrastructure needs to get to a certain level to unlock the final phase of growth. As long as there’s some EV sales there will be improvements to infrastructure, so it’s a process that drives itself. Eventually the infrastructure will be good enough anywhere. When Norway passed ~20% EV market share there was an uninterrupted rapid growth in market share that is only now slowing down at around the 90% mark.
It’s interesting that the slump happened at a similar market share point where the EV sale had a downturn in Norway. The reasons are somewhat different, but a contributing factor could be that infrastructure needs to get to a certain level to unlock the final phase of growth. As long as there’s some EV sales there will be improvements to infrastructure, so it’s a process that drives itself. Eventually the infrastructure will be good enough anywhere. When Norway passed ~20% EV market share there was an uninterrupted rapid growth in market share that is only now slowing down at around the 90% mark.