Todor Kostov's avatar
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EVs in Europe and globally as %-age share of total new car registrations in 2022
Some interesting stats from ING Bank on the Car Market Outlook for 2023 combined with data for full EVs share sales as %-age of total new car registrations - Europe (broken down by country) and different global regions (China, Europe, US and Global). (ING Bank)


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Source: ING Bank


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Source: ING Bank

https://think.ing.com/articles/car-market-outlook-2023-seeing-is-believing/?utm_campaign=January-17_car-market-outlook-2023-seeing-is-believing&utm_medium=email&utm_source=emailing_article&M_BT=1159909786
Car Market Outlook 2023: Seeing is believing
ING Think
Car Market Outlook 2023: Seeing is believing
We expect that global car sales will rise by approximately 4% in 2023 despite a downbeat outlook for the global economy. This is due to more consistent…
Another outstanding Todor's contribution that helps for a better understanding of the today's share market
Todor Kostov's avatar
@robokop Thanks, Peter.
Buying Your Time's avatar
Great find, Todor. I'm going to go through this report in detail.

I think EV sales have reached the 10% sweet spot if I remember correctly.

Whets interesting is there isn't an analogue for such a widely applicable and high-cost technology entering the sweet spot of an S-Curve during an economic downturn. That's assuming it's as bad as it's been foreshadowed.
Todor Kostov's avatar
@buyingyourtime Let's see how it plays out. I think hybrids might have a bright future as well if we want really to solve an environmental dilemma.
Buying Your Time's avatar
@kostofff So many moving parts particularly the price of Lithium Carbonate which is coming down real quick. Is there enough to satisfy demand therefore a tailwind for Hybrids.

Companies that have secured enough batteries will have a good advantage. Lets see how it plays out.

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