this post was submitted on 26 Feb 2024
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Electric Vehicles
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This seems pretty easy to me... If the number sold in some time period is less than the number sold in the previous time period, then sales dropped. If it's greater, then sales rose. I'm having trouble seeing where the confusion is coming from.
Because it's not always that simple. If the sales for the last 2 years are as follows:
2022 Q1: 0.8m, Q2: 0.7m, Q3: 1.0m, Q4: 1.1m 2023 Q1: 0.9m, Q2: 0.8m, Q3: 1.1m, Q4: 1.2m 2024 Q1: 1.0m
You'd be "technically correct" (the best kind of correct!) to say that sales dropped from from 2023 Q4 to 2024 Q1. But in all likelihood, no sales didn't drop.(edit: dear god the markdown on this site is fucked.)
| | Q1 | Q2 | Q3 | Q4 | |
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| | 2022 | 0.8m | 0.7m | 1.0m | 1.1m | | 2023 | 0.9m | 0.8m | 1.1m | 1.2m | | 2024 | 1.0m | | | |
Better?
Wow, this chart is great. Thanks.
It seems the pattern here is that people buy more electric cars later on in the year. Q1 sales are always lower than Q3 and Q4 sales, but I don't want to draw a hasty conclusion. We need more data.
Given that @[email protected] said "If the sales for the last 2 years are as follows", I'm not sure whether this is actual data, or just an example.
Does not match 40% increase, Q4, YoY
I wonder if what we should be looking at is proportion of sales that are EVs instead of absolute numbers.
I've made a fix so tables in markdown work now.
It's those that want to paint EVs as failing causing problems. There's been a spate of stories suggesting companies are changing their mind about EVs. They're not, I think they've just had to make lots to satisfy pent up demand and now they ongoing sales rate is lower.
However, more companies are entering the market, and dividing an increasing market between more of them.