Members phkrause Posted May 15, 2025 Members Posted May 15, 2025 ? Charted: Global EV milestone Data: IEA. Chart: Jacque Schrag/Axios EVs are slated to reach one-fourth of global car sales this year despite trade and policy question marks, Axios' Ben Geman writes from a new International Energy Agency report. Why it matters: EV sticker prices are getting more competitive with gas-powered models as battery costs fall, but gaps persist in key markets outside China. ?️ Between the lines: IEA sharply cut its U.S. EV growth estimate as Trump 2.0 officials and congressional Republicans reverse Biden-era subsidies and rules. The agency now sees EVs with 20% of the light-duty market — sedans, vans, SUVs and pickups — in 2030. That's less than half of its projection in last year's analysis. Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
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