EU is 15.2% EV and hybrid 2nd qtr. 2025. EU is better suited for adoption based upon gas tax. As ICE car sales fall how does the EU recoup the lost tax revenue? Sooner or probably later EV's will pay significant taxes yet to be imposed. Also will be interesting to see when they manage to build out the infrastructure, and at what cost, not to mention the additional electric generation capacity. 15.2% is a far cry from 100%
Do you see any roadblocks to 100% adoption in the EU by 2035? When does the USA get to 100%. I understand China since the government drives the economy based on policy. Of course China still builds coal fired generation so they're just moving co2 generation from autos to electricity supply, in July 2023 1,142 coal fired plants in China and growing.
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