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@BF2ZQ2Q1 day1D
Even in a leading EV market like California, progress has slowed:
EVs were about 25% of new car sales in 2024, and growth has recently flattened rather than accelerating
The state needs a rapid jump to near-100% of new sales within a decade, which critics argue is unrealistic given current trends
Argument: If adoption is already plateauing at ~1 in 4 cars, the jump to nearly all new cars being EVs is a major structural challenge, not just a policy tweak.
2. Infrastructure is widely viewed as a major bottleneck
Multiple analyses highlight charging as a limiting factor:
Large-scale EV adoptio… Read more
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