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Good morning with good news from John Raymond Hangar:
Global EV sales hit 16% of auto market in July! In 2020 EVs were 4% of global market, so EVs market share jumped about 4 times in 3 years. The world is now buying more than 1.1 million EVs/month. Many more EVs are coming fast!
The bad news is that Tesla is the top selling global EV manufacturer.
IEA forecasted that EVs would not reach 10% of annual sales until 2025. That milestone was passed in 2022 though disproving the negative nabobs.
A lot of talk on the $25,000 Tesla coming out next year.
Many car companies have lower priced starting models now though. Also if you buy a used EV you can get a $4,000 tax credit (income limits).
“Maintenance costs on battery-powered cars are also generally lower than their gas-powered counterparts because they have no engine (no oil changes) or transmission, and fewer parts overall.
One study found EVs require 31% less maintenance, and when they do the bill is 22% less.”
@GreenFire I'd love to drive an electric car. But I won't be getting a #Tesla, for various reasons. Hopefully, this will drive down the prices for better brands.
(I've been driving Hondas for many decades. However, my next car will probably not be a #Honda.)