EV Sales Gaining On ICE

We are going to see another year of greater than 50% growth in EV sales. This difference between ICE and EV sales is still large. We also saw an increase in ICE sales last year, after a couple years of decline.

In this video I discuss how ICE sales could face some headwinds if we enter a recession. Also, the ability to reduce the cost of these vehicles is not possible. EV pricing will follow its cost curve.