Current EV market growth "cannot be sustained," analyst says.
The cap for rapid EV growth appears to be around 7% of the market.
After years of rapid growth, the electric vehicle market is heading for a plateau.
The states with the biggest share of electric vehicle sales are also the slowest to grow sales at the moment, according to a recent study from iSeeCars.
California, Oregon, and Washington – where EV sales account for between about 7% and 10% of the market – are currently among the slowest-adopting states, the study found.
Persons:
Tesla, Ford, It's, Sam Fiorani, Fiorani, Karl Brauer
Organizations:
Morning, EV, GM, Ford, AutoForecast Solutions
Locations:
iSeeCars . California , Oregon, Washington