Hey Tim, you gotta be careful with reports like that. Right now, the low sales figures are due to one thing. There just hasn't been enough supply. So the sales figures in both the UK and the US are purely a reflection of how much supply they have put into the market. Basically, from what I am reading, there is way more demand than there is supply. But that demand isn't translating into sales, because many people can't buy them in their area. Look at me as an example. I have the cash in the bank saved for my next car. I always just write a check for our cars, because I hate debt. I have no debt. Even my house is paid off. Anyway, I have the cash ready and was planning to buy the Leaf a year ago when it was supposed to be available in my area. But then Nissan delayed my state's ability to order by 1 year. I was notified 1 week ago that it is available in my area and I have one of those early reservations, so I could order mine right now. However, I've chosen to wait a few more months, because now there will be more variety from other car manufacturers. So I want to test drive a couple more brands before I commit to a final purchase.
So in my case, the only reason I don't have an EV is purely because Nissan couldn't ramp up their supply fast enough to supply my area a year ago. I would have bought it a year ago, no question, because there wasn't any competition for another year. But now in a few more months there will be plenty of competition. My guess is that sales will ramp up exactly as fast as supply ramps up for the next few years.
Just look at the Prius for the first 10 years of it being on the road, they sold every one they could make. EVs are going to be hotter and ramp faster than the Prius. That's my prediction, based on the demand I read about. |