Cost of Driving an EV
That's what I'm talking about. Changing the propulsion. From horse to gas from gas to hybrid from hybrid to all electric and so on. Same is true today as 100 + years ago. Gas stations did not pre-exist the horseless carriage. Same reasoning used today against ev. Only it's charging stations instead of gas stations.
You could argue about what the rate of increasing sales of ev's is but I think we can agree that sales have increased from year to year and probably will continue to do so in the near future.
As far as younger people trending toward not owning cars I see that that could lead to a decrease the overall demand for vehicles. But not the increase in demand for ev over ic. Pure speculation on my part but I think an increasing percentage of young urban people that do purchase cars will be looking at ev's.
As far as what the new normal is and what speed is too fast for change that depends on how you feel about it. Feelings are personal. Some say it's too fast others say it can't happen fast enough.
It could be that the state of Minn. is demanding too many EV's on the lots of dealers. I don't know anything about who what or why this is being mandated. I think the demand for EV's in 2024 remains to be seen in 2024.
I don't know the total number of EV 's on the road today. My guess is it's more than it was last year at this time and last year was more than the year before.
Not quite the same change in propulsion with a horse vs car, and ic vs ev. The roads are in place, and when cars first came out, they weren't and that was a major hurdle.
As for the mandate, the state just adopted California's ev requirement/law whatever it was we copied. Doesn't make a lot of sense for a state in cold weather half the year.
Yes, ev buying is going up each year, but by how much? Not as fast as laws are being crated, adpoted, copied. Demand is not outpacing market supply. I believe that ev's account for around 2% of total vehicles on the road at the current moment. So we have 14 years before no more ic powered vehicles will be made, if things remain the way they are, and they won't. How many will be on the road by then, 10, maybe 15%?
I think a better example would be diesel replacing steam on the railways, new propulsion mode using existing infrastructure. But that was a demand based change, not a forced decision for the rail industry.