The pure EV market will eventually dominate vehicle sales in most segments, and most of the rest will be PHEV. Have EVs even hit 1% of worldwide vehicle sales yet? Call me back when it passes 10% and we'll talk about an EV boom.
Global EV Sales In May 2019: Over 179,000 At 2.3% Market Share https://insideevs.com/news/357198/global-ev-sales-in-may-201...
The current trend is under 4 years until EV’s are 10% of global car sales. It’s likely adoption will slow down at some point, but 50% of all new car sales being EV could happen within 10 years. Though it would take much longer for EV’s to represent 1/2 of all cars on the road.
Next questions What is the sustainable growth rate? Higher than 60%? Lower?
And are we going to, in 10 years, see more EVs sold (for much less each) than ICE vehicles are sold today? The answer is we'd better, as we have to get those ICE vehicles off the road.
Battery and Charging point is still the biggest issue in most places around the world.
Would those actually be included in these figures?
The thing is that shifts in large markets like this take a long time to really be realized. It has taken Tesla 15 years to go from 0% to over 1%. Their current aggressive plans call to double that in another 2 years.
The real question is what kind of change can they make over the next 15 years. And for that, we need the crystal ball...
Edit: and 1.1% for 2018.
http://www.goodcarbadcar.net/u-s-auto-sales-figures-by-brand...
If I had a dollar.
The EV boom seems to tick both those boxes. Your wallet boom has only been going for a day, and you know better than me how sustainable it is.
Toyota RAV4 alone sold more than all plug-in cars combined.
Tesla alone (S, X, 3) will probably sell close to 350k (~85-90k/q), and they are not more than 10% of total EV.
Out in the real world very few people can afford a $45k+ car.
Apparently the biggest selling 'car' was the Ford F series, so not even one model and that sold just over a million.
https://www.motoringresearch.com/car-news/worlds-best-sellin...
Edit: Biggest selling in the world, in 2018
Plug-in electric sales in 2018 were up 61% over 2017, which was 51% higher than 2016 (via quick wikipedia check).
What numbers would you want to see before calling that a "boom"? How much higher than 60% growth does something have to have before it's not "strangled"?
I think that's silly. Clearly these things are going somewhere. Production at all levels is adapting to compete, and that means some areas (like Li production in the linked articles) are going to outstrip the field which remains limited by other things. But even right now they're clearly out of the "niche within a niche" category and growing very well.